Whirlpool Corporation (WHR) Shares Bought by D.A. Davidson & CO.
D.A. Davidson & CO. lifted its stake in shares of Whirlpool Corporation (NYSE:WHR) by 626.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,736 shares of the company’s stock after purchasing an additional 15,295 shares during the period. D.A. Davidson & CO.’s holdings in Whirlpool Corporation were worth $3,271,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Dupont Capital Management Corp bought a new position in shares of Whirlpool Corporation during the second quarter worth about $100,000. Sun Life Financial INC lifted its holdings in Whirlpool Corporation by 7,628.6% in the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after acquiring an additional 534 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Whirlpool Corporation by 26.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock worth $123,000 after acquiring an additional 135 shares during the last quarter. Westwood Holdings Group Inc. bought a new position in Whirlpool Corporation in the second quarter worth about $153,000. Finally, WESPAC Advisors SoCal LLC bought a new position in Whirlpool Corporation in the second quarter worth about $191,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.
Shares of Whirlpool Corporation (NYSE WHR) traded down $2.24 during midday trading on Friday, reaching $166.64. 889,500 shares of the company’s stock were exchanged, compared to its average volume of 846,889. Whirlpool Corporation has a 1 year low of $158.80 and a 1 year high of $202.99. The company has a market capitalization of $11,975.21, a PE ratio of 11.89, a P/E/G ratio of 1.68 and a beta of 1.87. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 0.65.
Whirlpool Corporation (NYSE:WHR) last announced its quarterly earnings results on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing the consensus estimate of $3.90 by ($0.07). Whirlpool Corporation had a net margin of 3.76% and a return on equity of 18.45%. The firm had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.50 billion. During the same quarter in the previous year, the business posted $3.66 EPS. Whirlpool Corporation’s revenue for the quarter was up 3.2% compared to the same quarter last year. research analysts anticipate that Whirlpool Corporation will post 13.7 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $4.40 annualized dividend and a dividend yield of 2.64%. Whirlpool Corporation’s payout ratio is currently 41.47%.
A number of equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Whirlpool Corporation from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine raised shares of Whirlpool Corporation from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. MKM Partners set a $177.00 target price on shares of Whirlpool Corporation and gave the stock a “hold” rating in a report on Friday, October 6th. Credit Suisse Group set a $187.00 target price on shares of Whirlpool Corporation and gave the stock a “neutral” rating in a report on Tuesday, October 24th. Finally, Royal Bank Of Canada cut shares of Whirlpool Corporation from a “top pick” rating to a “sector perform” rating and cut their target price for the stock from $209.00 to $184.00 in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $184.67.
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Whirlpool Corporation 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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