BerganKDV Wealth Management LLC Holds Position in Whirlpool Corporation (WHR)
BerganKDV Wealth Management LLC maintained its stake in Whirlpool Corporation (NYSE:WHR) during the third quarter, Holdings Channel reports. The institutional investor owned 4,313 shares of the company’s stock at the end of the third quarter. BerganKDV Wealth Management LLC’s holdings in Whirlpool Corporation were worth $699,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in WHR. Winslow Evans & Crocker Inc. increased its stake in shares of Whirlpool Corporation by 12.1% in the second quarter. Winslow Evans & Crocker Inc. now owns 704 shares of the company’s stock valued at $117,000 after buying an additional 76 shares in the last quarter. Financial Architects Inc increased its stake in shares of Whirlpool Corporation by 142.4% in the third quarter. Financial Architects Inc now owns 737 shares of the company’s stock valued at $120,000 after buying an additional 433 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Whirlpool Corporation by 34.6% in the second quarter. IFP Advisors Inc now owns 833 shares of the company’s stock valued at $139,000 after buying an additional 214 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of Whirlpool Corporation by 134.3% in the second quarter. Advisors Asset Management Inc. now owns 860 shares of the company’s stock valued at $143,000 after buying an additional 493 shares in the last quarter. Finally, SevenBridge Financial Group LLC acquired a new stake in shares of Whirlpool Corporation during the second quarter valued at about $151,000. 89.80% of the stock is owned by institutional investors.
Shares of Whirlpool Corporation (NYSE:WHR) traded up 0.49% on Friday, hitting $184.77. The company had a trading volume of 690,728 shares. The firm has a market capitalization of $13.88 billion, a price-to-earnings ratio of 16.16 and a beta of 1.95. The company has a 50 day moving average price of $176.67 and a 200 day moving average price of $172.07. Whirlpool Corporation has a 1-year low of $123.60 and a 1-year high of $194.10.
Whirlpool Corporation (NYSE:WHR) last released its quarterly earnings data on Tuesday, October 25th. The company reported $3.66 earnings per share for the quarter, missing the consensus estimate of $3.88 by $0.22. Whirlpool Corporation had a return on equity of 18.64% and a net margin of 4.31%. The business earned $5.20 billion during the quarter, compared to analysts’ expectations of $5.34 billion. During the same quarter last year, the business posted $3.45 EPS. The company’s quarterly revenue was down .5% compared to the same quarter last year. On average, equities analysts forecast that Whirlpool Corporation will post $14.18 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 15th. Shareholders of record on Friday, November 18th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend was Wednesday, November 16th. Whirlpool Corporation’s dividend payout ratio (DPR) is currently 34.93%.
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Several brokerages have issued reports on WHR. Zacks Investment Research downgraded Whirlpool Corporation from a “hold” rating to a “sell” rating in a report on Thursday, September 29th. KeyCorp cut their price target on Whirlpool Corporation from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Tuesday, November 29th. MKM Partners downgraded Whirlpool Corporation from a “buy” rating to a “neutral” rating and cut their price target for the company from $215.00 to $176.00 in a report on Monday, October 17th. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating and set a $182.00 price target on shares of Whirlpool Corporation in a report on Thursday, October 27th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $193.75.
Whirlpool Corporation Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in approximately 15 countries and markets products around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Company’s segments include North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia.
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