BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Whirlpool Co. (NYSE:WHR) by 62.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 72,066 shares of the company’s stock after purchasing an additional 27,733 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned about 0.10% of Whirlpool worth $13,292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the company. Strs Ohio increased its position in Whirlpool by 4.6% in the 2nd quarter. Strs Ohio now owns 4,073 shares of the company’s stock valued at $780,000 after acquiring an additional 179 shares during the period. CIBC Asset Management Inc increased its position in Whirlpool by 0.3% in the 2nd quarter. CIBC Asset Management Inc now owns 7,118 shares of the company’s stock valued at $1,364,000 after acquiring an additional 21 shares during the period. Sei Investments Co. increased its position in Whirlpool by 42.3% in the 2nd quarter. Sei Investments Co. now owns 10,800 shares of the company’s stock valued at $2,070,000 after acquiring an additional 3,213 shares during the period. IFP Advisors Inc increased its position in Whirlpool by 117.5% in the 2nd quarter. IFP Advisors Inc now owns 2,738 shares of the company’s stock valued at $525,000 after acquiring an additional 1,479 shares during the period. Finally, Global X Management Co. LLC increased its position in Whirlpool by 14.1% in the 2nd quarter. Global X Management Co. LLC now owns 1,128 shares of the company’s stock valued at $216,000 after acquiring an additional 139 shares during the period. Institutional investors and hedge funds own 92.74% of the company’s stock.

Several research firms recently commented on WHR. ValuEngine upgraded Whirlpool from a “hold” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research cut Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Friday, October 27th. Credit Suisse Group set a $187.00 target price on Whirlpool and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Royal Bank Of Canada cut Whirlpool from a “top pick” rating to a “sector perform” rating and lowered their target price for the company from $209.00 to $184.00 in a research report on Tuesday, October 24th. Finally, Bank of America cut Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 target price on the stock. in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $183.60.

Shares of Whirlpool Co. (NYSE WHR) traded down $0.79 during mid-day trading on Friday, hitting $169.70. The stock had a trading volume of 558,031 shares, compared to its average volume of 804,026. Whirlpool Co. has a one year low of $158.80 and a one year high of $202.99. The firm has a market cap of $12,251.89, a PE ratio of 12.17, a PEG ratio of 1.72 and a beta of 1.88. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 0.65.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Monday, October 23rd. The company reported $3.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.90 by ($0.07). Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The firm had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.50 billion. During the same quarter last year, the business posted $3.66 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. sell-side analysts predict that Whirlpool Co. will post 13.7 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 17th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Thursday, November 16th. Whirlpool’s dividend payout ratio (DPR) is presently 41.47%.

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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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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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