AIA Group Ltd Acquires 345 Shares of Whirlpool Co. (NYSE:WHR)

AIA Group Ltd lifted its holdings in Whirlpool Co. (NYSE:WHR – Get Rating) by 35.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,314 shares of the company’s stock after purchasing an additional 345 shares during the period. AIA Group Ltd’s holdings in Whirlpool were worth $227,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. IndexIQ Advisors LLC bought a new position in shares of Whirlpool in the first quarter worth about $37,000. GAM Holding AG increased its stake in shares of Whirlpool by 15.7% in the first quarter. GAM Holding AG now owns 17,702 shares of the company’s stock worth $3,059,000 after purchasing an additional 2,405 shares during the period. IFM Investors Pty Ltd increased its stake in shares of Whirlpool by 9.3% in the first quarter. IFM Investors Pty Ltd now owns 9,225 shares of the company’s stock worth $1,594,000 after purchasing an additional 783 shares during the period. Affinity Investment Advisors LLC increased its stake in Whirlpool by 12.2% during the first quarter. Affinity Investment Advisors LLC now owns 1,185 shares of the company’s stock valued at $205,000 after acquiring an additional 129 shares during the period. Finally, SBB Research Group LLC bought a new position in Whirlpool during the first quarter valued at about $482,000. 97.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on WHR shares. The Goldman Sachs Group lowered their price target on Whirlpool from $235.00 to $202.00 and set a “buy” rating on the stock in a research note on Thursday, June 23rd. JPMorgan Chase & Co. lowered their price target on Whirlpool from $227.00 to $191.00 in a research note on Friday, July 15th. TheStreet lowered Whirlpool from a “b” rating to a “c+” rating in a research note on Monday, July 25th. Finally, Cfra lowered Whirlpool to a “sell” rating and set a $180.00 price target on the stock. in a research note on Friday, April 8th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Whirlpool currently has an average rating of “Hold” and a consensus price target of $198.00.

Whirlpool Stock Up 0.3 %

NYSE WHR opened at $168.46 on Friday. The company has a current ratio of 1.11, a quick ratio of 0.69 and a debt-to-equity ratio of 1.15. The stock’s 50 day moving average is $164.84 and its two-hundred day moving average is $180.87. The company has a market capitalization of $9.18 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 1.43 and a beta of 1.56. Whirlpool Co. has a 1-year low of $145.93 and a 1-year high of $245.44.

Whirlpool (NYSE:WHR – Get Rating) last released its quarterly earnings data on Monday, July 25th. The company reported $5.97 earnings per share for the quarter, beating analysts’ consensus estimates of $5.23 by $0.74. The company had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.24 billion. Whirlpool had a return on equity of 30.13% and a net margin of 3.33%. The company’s quarterly revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the business earned $6.64 earnings per share. Equities analysts forecast that Whirlpool Co. will post 22.89 earnings per share for the current fiscal year.

Whirlpool Company Profile

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Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.