12,960 Shares in Whirlpool Co. (WHR) Acquired by Benson Investment Management Company Inc.
Benson Investment Management Company Inc. acquired a new stake in shares of Whirlpool Co. (NYSE:WHR) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 12,960 shares of the company’s stock, valued at approximately $2,186,000.
Other institutional investors have also recently made changes to their positions in the company. PGGM Investments increased its holdings in shares of Whirlpool by 0.6% during the third quarter. PGGM Investments now owns 188,413 shares of the company’s stock valued at $34,751,000 after acquiring an additional 1,094 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Whirlpool by 2.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,169,044 shares of the company’s stock valued at $215,612,000 after acquiring an additional 27,552 shares in the last quarter. BT Investment Management Ltd bought a new position in shares of Whirlpool during the second quarter valued at $2,065,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Whirlpool by 39.7% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 9,684 shares of the company’s stock valued at $1,786,000 after acquiring an additional 2,751 shares in the last quarter. Finally, Swiss National Bank increased its holdings in shares of Whirlpool by 0.3% during the third quarter. Swiss National Bank now owns 272,765 shares of the company’s stock valued at $50,309,000 after acquiring an additional 900 shares in the last quarter. 92.37% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have recently weighed in on the company. Credit Suisse Group set a $187.00 price target on Whirlpool and gave the company a “neutral” rating in a report on Tuesday, October 24th. Zacks Investment Research downgraded Whirlpool from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Bank of America downgraded Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price target for the company. in a report on Tuesday, October 24th. Royal Bank of Canada restated a “buy” rating and set a $209.00 price target on shares of Whirlpool in a report on Tuesday, October 10th. Finally, MKM Partners set a $177.00 price target on Whirlpool and gave the company a “hold” rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $183.60.
Whirlpool Co. (NYSE WHR) traded up $3.72 during midday trading on Friday, reaching $172.75. The company had a trading volume of 854,691 shares, compared to its average volume of 770,007. Whirlpool Co. has a 52 week low of $158.80 and a 52 week high of $202.99. The company has a market cap of $12,410.00, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 1.52 and a beta of 1.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.90 and a quick ratio of 0.55.
Whirlpool (NYSE:WHR) last released its quarterly earnings data on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing the consensus estimate of $3.90 by ($0.07). Whirlpool had a return on equity of 18.45% and a net margin of 3.76%. The business had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $5.50 billion. During the same quarter in the previous year, the business posted $3.66 earnings per share. Whirlpool’s quarterly revenue was up 3.2% compared to the same quarter last year. equities research analysts anticipate that Whirlpool Co. will post 13.68 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 17th were issued a $1.10 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $4.40 annualized dividend and a yield of 2.55%. Whirlpool’s payout ratio is 41.51%.
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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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