Mirae Asset Global Investments Co. Ltd. raised its stake in Whirlpool Co. (NYSE:WHR) by 130.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,259 shares of the company’s stock after purchasing an additional 2,980 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Whirlpool were worth $562,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund lifted its holdings in shares of Whirlpool by 9,212.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,303,672 shares of the company’s stock valued at $31,000 after buying an additional 3,268,195 shares during the period. Massey Quick Simon & CO. LLC acquired a new stake in shares of Whirlpool in the 4th quarter valued at approximately $32,000. WealthTrust Arizona LLC acquired a new stake in shares of Whirlpool in the 4th quarter valued at approximately $32,000. Rehmann Capital Advisory Group lifted its holdings in shares of Whirlpool by 79.7% in the 3rd quarter. Rehmann Capital Advisory Group now owns 309 shares of the company’s stock valued at $37,000 after buying an additional 137 shares during the period. Finally, Doyle Wealth Management acquired a new stake in shares of Whirlpool in the 4th quarter valued at approximately $52,000. Institutional investors own 92.77% of the company’s stock.

In related news, Director Michael F. Johnston sold 2,845 shares of Whirlpool stock in a transaction on Friday, February 1st. The stock was sold at an average price of $133.54, for a total transaction of $379,921.30. Following the completion of the transaction, the director now directly owns 6,550 shares of the company’s stock, valued at $874,687. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.91% of the company’s stock.

Several analysts have recently commented on the company. Royal Bank of Canada cut Whirlpool from a “sector perform” rating to an “underperform” rating and set a $134.60 price target for the company. in a report on Wednesday, January 30th. Buckingham Research assumed coverage on Whirlpool in a report on Wednesday, January 23rd. They issued a “neutral” rating and a $135.00 price target for the company. Zacks Investment Research cut Whirlpool from a “buy” rating to a “hold” rating in a report on Saturday, January 19th. Raymond James cut Whirlpool from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 30th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $125.00 price target on shares of Whirlpool in a report on Wednesday, November 28th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $146.40.

Shares of WHR stock opened at $133.18 on Friday. The firm has a market cap of $8.47 billion, a P/E ratio of 8.78, a PEG ratio of 1.99 and a beta of 1.63. Whirlpool Co. has a 1 year low of $99.40 and a 1 year high of $167.54. The company has a quick ratio of 0.55, a current ratio of 0.82 and a debt-to-equity ratio of 1.26.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Monday, January 28th. The company reported $4.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.30 by $0.45. The firm had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.76 billion. Whirlpool had a positive return on equity of 27.24% and a negative net margin of 0.87%. Whirlpool’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the firm posted $4.10 earnings per share. As a group, research analysts predict that Whirlpool Co. will post 14.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a dividend of $1.15 per share. The ex-dividend date of this dividend was Thursday, February 28th. This represents a $4.60 annualized dividend and a yield of 3.45%. Whirlpool’s dividend payout ratio is presently 30.34%.

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Whirlpool Company Profile

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 appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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