Focus Financial Network Inc. raised its position in shares of Whirlpool Co. (NYSE:WHR – Free Report) by 78.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,182 shares of the company’s stock after buying an additional 2,285 shares during the period. Focus Financial Network Inc.’s holdings in Whirlpool were worth $593,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Brown Lisle Cummings Inc. purchased a new stake in shares of Whirlpool during the fourth quarter worth about $27,000. GAMMA Investing LLC raised its position in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after purchasing an additional 210 shares during the last quarter. Legend Financial Advisors Inc. purchased a new stake in Whirlpool in the 4th quarter worth approximately $34,000. HHM Wealth Advisors LLC grew its position in shares of Whirlpool by 216.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock worth $36,000 after buying an additional 216 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in shares of Whirlpool by 56.4% during the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock valued at $37,000 after buying an additional 115 shares during the period. Institutional investors own 90.78% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. The Goldman Sachs Group raised their price target on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price target on shares of Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. Bank of America lifted their price objective on Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research report on Friday, October 25th. Finally, Royal Bank of Canada decreased their target price on Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a research report on Friday, October 25th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Whirlpool presently has an average rating of “Hold” and a consensus price target of $112.80.
Whirlpool Trading Down 1.2 %
Shares of NYSE WHR opened at $98.34 on Thursday. The stock has a market cap of $5.42 billion, a P/E ratio of -16.78 and a beta of 1.43. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. Whirlpool Co. has a 1 year low of $84.18 and a 1 year high of $135.49. The firm has a 50-day moving average of $117.46 and a 200 day moving average of $108.24.
Whirlpool (NYSE:WHR – Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period in the previous year, the company posted $3.85 EPS. As a group, sell-side analysts expect that Whirlpool Co. will post 9.51 EPS for the current fiscal year.
Whirlpool Company 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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