Duality Advisers LP purchased a new stake in shares of Whirlpool Co. (NYSE:WHR) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 13,466 shares of the company’s stock, valued at approximately $1,744,000.
A number of other institutional investors have also recently bought and sold shares of WHR. Amundi Pioneer Asset Management Inc. boosted its position in Whirlpool by 255.8% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 131,570 shares of the company’s stock valued at $17,483,000 after buying an additional 94,587 shares during the period. Guggenheim Capital LLC grew its stake in Whirlpool by 67.0% in the fourth quarter. Guggenheim Capital LLC now owns 40,777 shares of the company’s stock worth $6,016,000 after purchasing an additional 16,360 shares in the last quarter. Baird Financial Group Inc. bought a new position in Whirlpool in the fourth quarter worth approximately $759,000. Sunbelt Securities Inc. purchased a new position in Whirlpool during the 4th quarter worth $4,500,000. Finally, Macquarie Group Ltd. raised its position in Whirlpool by 492.6% during the 4th quarter. Macquarie Group Ltd. now owns 99,054 shares of the company’s stock valued at $14,614,000 after purchasing an additional 82,339 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors.
Shares of WHR stock opened at $163.12 on Friday. Whirlpool Co. has a 1 year low of $64.00 and a 1 year high of $166.06. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 0.78 and a beta of 1.98. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.98 and a quick ratio of 0.71. The business has a fifty day moving average of $135.63 and a 200 day moving average of $125.10.
Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.00 by $1.15. Whirlpool had a return on equity of 22.08% and a net margin of 4.42%. The company had revenue of $4.04 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same period in the previous year, the company posted $4.01 earnings per share. As a group, equities research analysts expect that Whirlpool Co. will post 12.5 earnings per share for the current year.
Several equities analysts have recently commented on the company. Bank of America raised their price target on Whirlpool from $115.00 to $135.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. JPMorgan Chase & Co. raised their target price on shares of Whirlpool from $158.00 to $192.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Longbow Research upped their price target on shares of Whirlpool from $150.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Credit Suisse Group increased their price objective on shares of Whirlpool from $103.00 to $128.00 and gave the company an “underperform” rating in a research note on Friday, July 24th. Finally, Royal Bank of Canada reissued a “sell” rating and issued a $110.00 price objective on shares of Whirlpool in a research note on Monday, July 20th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $157.67.
Whirlpool Company Profile
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.
Further Reading: Return On Assets
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