Carson Advisory Inc. Buys 815 Shares of Whirlpool Co. (NYSE:WHR)

Carson Advisory Inc. boosted its stake in shares of Whirlpool Co. (NYSE:WHRFree Report) by 11.2% in the first quarter, HoldingsChannel reports. The firm owned 8,065 shares of the company’s stock after purchasing an additional 815 shares during the quarter. Carson Advisory Inc.’s holdings in Whirlpool were worth $965,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Harvest Investment Advisors LLC boosted its position in shares of Whirlpool by 1.1% in the third quarter. Harvest Investment Advisors LLC now owns 8,963 shares of the company’s stock valued at $1,198,000 after acquiring an additional 98 shares during the period. V Square Quantitative Management LLC boosted its position in shares of Whirlpool by 5.9% in the fourth quarter. V Square Quantitative Management LLC now owns 1,786 shares of the company’s stock valued at $217,000 after acquiring an additional 100 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Whirlpool by 27.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 539 shares of the company’s stock valued at $66,000 after acquiring an additional 115 shares during the period. Applied Finance Capital Management LLC boosted its position in shares of Whirlpool by 5.8% in the fourth quarter. Applied Finance Capital Management LLC now owns 2,296 shares of the company’s stock valued at $280,000 after acquiring an additional 125 shares during the period. Finally, Private Advisor Group LLC boosted its position in shares of Whirlpool by 2.6% in the first quarter. Private Advisor Group LLC now owns 5,006 shares of the company’s stock valued at $599,000 after acquiring an additional 125 shares during the period. 90.78% of the stock is owned by institutional investors.

Whirlpool Price Performance

WHR stock traded up $1.53 during midday trading on Wednesday, reaching $102.86. The company had a trading volume of 715,549 shares, compared to its average volume of 1,401,141. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 14.17 and a beta of 1.44. The stock has a 50 day moving average price of $93.18 and a 200-day moving average price of $104.90. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $160.62. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.95 and a quick ratio of 0.58.

Whirlpool (NYSE:WHRGet Free Report) last issued its earnings results on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.61 by $0.17. The firm had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.42 billion. Whirlpool had a return on equity of 35.16% and a net margin of 2.07%. The business’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.66 earnings per share. Equities research analysts expect that Whirlpool Co. will post 12.37 earnings per share for the current year.

Whirlpool Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, June 15th. Shareholders of record on Friday, May 17th were paid a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a yield of 6.81%. The ex-dividend date of this dividend was Thursday, May 16th. Whirlpool’s payout ratio is 96.42%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WHR shares. Bank of America boosted their target price on shares of Whirlpool from $63.00 to $75.00 in a research report on Friday, May 17th. StockNews.com downgraded Whirlpool from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. Finally, Royal Bank of Canada dropped their price target on Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Whirlpool currently has a consensus rating of “Hold” and a consensus price target of $111.00.

Get Our Latest Research Report on Whirlpool

Whirlpool Profile

(Free Report)

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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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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