Quinn Opportunity Partners LLC lifted its position in shares of Whirlpool Corporation (NYSE:WHR – Free Report) by 30.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,273 shares of the company’s stock after purchasing an additional 18,000 shares during the quarter. Quinn Opportunity Partners LLC owned 0.14% of Whirlpool worth $7,837,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its holdings in Whirlpool by 22.9% in the second quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock valued at $80,000 after buying an additional 146 shares in the last quarter. Anderson Financial Strategies LLC raised its holdings in Whirlpool by 35.3% in the 1st quarter. Anderson Financial Strategies LLC now owns 644 shares of the company’s stock worth $58,000 after purchasing an additional 168 shares during the period. Voya Investment Management LLC raised its holdings in Whirlpool by 2.9% in the 1st quarter. Voya Investment Management LLC now owns 6,613 shares of the company’s stock worth $596,000 after purchasing an additional 186 shares during the period. UMB Bank n.a. boosted its position in Whirlpool by 44.0% during the second quarter. UMB Bank n.a. now owns 645 shares of the company’s stock worth $65,000 after purchasing an additional 197 shares in the last quarter. Finally, State of Michigan Retirement System grew its holdings in Whirlpool by 1.5% in the first quarter. State of Michigan Retirement System now owns 13,300 shares of the company’s stock valued at $1,199,000 after purchasing an additional 200 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.
Whirlpool Trading Up 0.9%
NYSE WHR opened at $66.06 on Wednesday. Whirlpool Corporation has a 12 month low of $65.43 and a 12 month high of $135.49. The stock has a market capitalization of $3.71 billion, a P/E ratio of -19.66 and a beta of 1.18. The firm’s 50-day moving average is $78.64 and its two-hundred day moving average is $85.49. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.86 and a quick ratio of 0.46.
Whirlpool Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 21st will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Friday, November 21st. Whirlpool’s payout ratio is presently -107.14%.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on WHR shares. Zacks Research raised Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 30th. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, October 8th. The Goldman Sachs Group decreased their price objective on shares of Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Wall Street Zen raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Loop Capital reaffirmed a “hold” rating and issued a $88.00 price target on shares of Whirlpool in a research note on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $86.43.
Get Our Latest Analysis on Whirlpool
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.
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