PFG Investments LLC Trims Stake in Whirlpool Co. (NYSE:WHR)

PFG Investments LLC reduced its holdings in shares of Whirlpool Co. (NYSE:WHR) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,229 shares of the company’s stock after selling 640 shares during the period. PFG Investments LLC’s holdings in Whirlpool were worth $1,171,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in Whirlpool by 323.1% during the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after buying an additional 210 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in shares of Whirlpool in the fourth quarter worth $34,000. UMB Bank n.a. increased its stake in shares of Whirlpool by 56.4% in the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock worth $37,000 after purchasing an additional 115 shares in the last quarter. True Wealth Design LLC increased its stake in shares of Whirlpool by 545.5% in the third quarter. True Wealth Design LLC now owns 355 shares of the company’s stock worth $38,000 after purchasing an additional 300 shares in the last quarter. Finally, Friedenthal Financial purchased a new stake in shares of Whirlpool in the fourth quarter worth $50,000. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Price Performance

Shares of NYSE:WHR opened at $132.70 on Wednesday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.55 and a current ratio of 0.94. The firm has a fifty day moving average price of $118.39 and a 200 day moving average price of $108.10. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $135.49. The firm has a market cap of $7.32 billion, a price-to-earnings ratio of 13.09 and a beta of 1.44.

Wall Street Analyst Weigh In

WHR has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. The Goldman Sachs Group increased their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Royal Bank of Canada dropped their target price on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a research report on Friday, October 25th. Finally, Bank of America upped their target price on shares of Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $112.80.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.