Aquatic Capital Management LLC Has $1.20 Million Position in Whirlpool Co. (NYSE:WHR)

Aquatic Capital Management LLC reduced its holdings in Whirlpool Co. (NYSE:WHR) by 62.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,476 shares of the company’s stock after selling 17,424 shares during the quarter. Aquatic Capital Management LLC’s holdings in Whirlpool were worth $1,199,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Boothbay Fund Management LLC grew its position in shares of Whirlpool by 83.3% in the fourth quarter. Boothbay Fund Management LLC now owns 59,046 shares of the company’s stock valued at $6,760,000 after purchasing an additional 26,831 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Whirlpool in the fourth quarter valued at about $10,457,000. Banco Bilbao Vizcaya Argentaria S.A. grew its position in Whirlpool by 4.5% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,600 shares of the company’s stock worth $527,000 after buying an additional 197 shares in the last quarter. MGO One Seven LLC acquired a new stake in Whirlpool during the fourth quarter worth about $374,000. Finally, Price T Rowe Associates Inc. MD grew its position in Whirlpool by 10.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 33,979 shares of the company’s stock worth $3,890,000 after buying an additional 3,078 shares in the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Stock Down 0.6 %

Shares of WHR opened at $76.62 on Wednesday. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of -13.08 and a beta of 1.31. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. Whirlpool Co. has a 12 month low of $75.03 and a 12 month high of $135.49. The company has a 50-day moving average price of $88.66 and a two-hundred day moving average price of $104.42.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.03. The firm had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.67 billion. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The company’s revenue for the quarter was down 19.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.78 earnings per share. Equities analysts predict that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 9.14%. The ex-dividend date is Friday, May 16th. Whirlpool’s dividend payout ratio (DPR) is currently 5,000.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group lifted their target price on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their target price on Whirlpool from $109.00 to $89.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, StockNews.com downgraded Whirlpool from a “hold” rating to a “sell” rating in a research report on Friday, April 25th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $101.00.

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.