Quad Capital Management Advisors LLC acquired a new stake in Whirlpool Co. (NYSE:WHR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 10,000 shares of the company’s stock, valued at approximately $1,686,000. Whirlpool accounts for about 0.7% of Quad Capital Management Advisors LLC’s portfolio, making the stock its 19th largest position.
Several other institutional investors and hedge funds have also recently made changes to their positions in WHR. Dimensional Fund Advisors LP boosted its holdings in shares of Whirlpool by 2.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,169,044 shares of the company’s stock worth $215,612,000 after buying an additional 27,552 shares during the period. Atlantic Trust Group LLC boosted its holdings in shares of Whirlpool by 115.6% during the 3rd quarter. Atlantic Trust Group LLC now owns 249,404 shares of the company’s stock worth $46,000,000 after buying an additional 133,705 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Whirlpool by 62.6% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 72,066 shares of the company’s stock worth $13,292,000 after buying an additional 27,733 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Whirlpool by 2.2% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 32,300 shares of the company’s stock worth $5,982,000 after buying an additional 700 shares during the period. Finally, Point72 Asset Management L.P. bought a new stake in shares of Whirlpool during the 3rd quarter worth about $18,501,000. 92.18% of the stock is owned by institutional investors.
Shares of Whirlpool Co. (NYSE WHR) opened at $160.12 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.93 and a debt-to-equity ratio of 0.86. The stock has a market cap of $11,502.37, a PE ratio of 35.11, a price-to-earnings-growth ratio of 0.88 and a beta of 1.84. Whirlpool Co. has a twelve month low of $156.37 and a twelve month high of $202.99.
Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $4.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.01 by $0.09. The firm had revenue of $5.70 billion during the quarter, compared to the consensus estimate of $5.88 billion. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.33 EPS. equities research analysts expect that Whirlpool Co. will post 15.31 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Friday, March 2nd will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Thursday, March 1st. Whirlpool’s dividend payout ratio is currently 96.49%.
WHR has been the subject of several research analyst reports. ValuEngine raised shares of Whirlpool from a “hold” rating to a “buy” rating in a report on Tuesday, December 5th. KeyCorp reaffirmed an “equal weight” rating on shares of Whirlpool in a report on Monday, January 29th. Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Thursday, January 25th. Royal Bank of Canada lifted their target price on shares of Whirlpool to $200.00 and gave the stock an “in-line” rating in a report on Monday, January 29th. Finally, Raymond James Financial raised shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price for the company in a report on Friday, January 26th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Whirlpool has a consensus rating of “Hold” and an average price target of $189.40.
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Whirlpool Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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