Whirlpool Co. (WHR) Shares Bought by Stephens Inc. AR
Stephens Inc. AR raised its position in Whirlpool Co. (NYSE:WHR) by 9.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,632 shares of the company’s stock after acquiring an additional 735 shares during the quarter. Stephens Inc. AR’s holdings in Whirlpool were worth $1,456,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Cerebellum GP LLC acquired a new stake in Whirlpool in the 4th quarter worth about $128,000. Valeo Financial Advisors LLC acquired a new stake in Whirlpool in the 3rd quarter worth about $129,000. Westwood Holdings Group Inc. acquired a new stake in Whirlpool in the 2nd quarter worth about $153,000. Clear Perspective Advisors LLC boosted its holdings in Whirlpool by 74.6% in the 4th quarter. Clear Perspective Advisors LLC now owns 1,170 shares of the company’s stock worth $197,000 after buying an additional 500 shares during the last quarter. Finally, BKS Advisors LLC acquired a new stake in Whirlpool in the 3rd quarter worth about $217,000. Institutional investors own 94.15% of the company’s stock.
A number of research analysts have weighed in on the stock. KeyCorp reissued an “equal weight” rating on shares of Whirlpool in a research note on Monday, January 29th. Royal Bank of Canada raised their target price on shares of Whirlpool to $200.00 and gave the stock an “in-line” rating in a research note on Monday, January 29th. Raymond James Financial raised shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price on the stock in a research note on Friday, January 26th. UBS Group raised shares of Whirlpool from a “market perform” rating to an “outperform” rating in a research note on Friday, January 26th. Finally, Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday, January 25th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Whirlpool has an average rating of “Hold” and an average price target of $189.40.
Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.01 by $0.09. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The business had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same period last year, the company posted $4.33 EPS. The business’s revenue was up .8% on a year-over-year basis. sell-side analysts predict that Whirlpool Co. will post 15.32 earnings per share for the current fiscal year.
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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