Brandes Investment Partners LP Purchases 907 Shares of Whirlpool Co. (NYSE:WHR)

Brandes Investment Partners LP grew its position in shares of Whirlpool Co. (NYSE:WHR) by 11.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,178 shares of the company’s stock after buying an additional 907 shares during the quarter. Brandes Investment Partners LP’s holdings in Whirlpool were worth $1,051,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of WHR. Sigma Planning Corp lifted its position in shares of Whirlpool by 6.4% during the 3rd quarter. Sigma Planning Corp now owns 2,170 shares of the company’s stock worth $232,000 after buying an additional 130 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Whirlpool by 13.0% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,583 shares of the company’s stock worth $384,000 after purchasing an additional 412 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Whirlpool by 38.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,043 shares of the company’s stock worth $1,396,000 after purchasing an additional 3,640 shares during the period. Huntington National Bank raised its holdings in shares of Whirlpool by 335.2% in the 3rd quarter. Huntington National Bank now owns 3,125 shares of the company’s stock worth $334,000 after purchasing an additional 2,407 shares during the period. Finally, Quest Partners LLC raised its holdings in shares of Whirlpool by 78,200.0% in the 3rd quarter. Quest Partners LLC now owns 783 shares of the company’s stock worth $84,000 after purchasing an additional 782 shares during the period. Institutional investors own 90.78% of the company’s stock.

Analyst Ratings Changes

WHR has been the topic of a number of research reports. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. The Goldman Sachs Group lifted their price target on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $106.00.

Whirlpool Stock Up 2.8 %

Whirlpool stock opened at $91.05 on Friday. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $135.49. The firm has a market capitalization of $5.04 billion, a price-to-earnings ratio of -15.54 and a beta of 1.44. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. The firm has a 50 day simple moving average of $109.11 and a 200 day simple moving average of $108.44.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period last year, the business posted $3.85 earnings per share. On average, analysts predict that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were given a dividend of $1.75 per share. The ex-dividend date was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.69%. Whirlpool’s dividend payout ratio (DPR) is currently -119.45%.

Whirlpool 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.