Park Avenue Securities LLC Has $501,000 Stock Holdings in Whirlpool Co. (NYSE:WHR)

Park Avenue Securities LLC increased its position in shares of Whirlpool Co. (NYSE:WHRGet Rating) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,899 shares of the company’s stock after acquiring an additional 207 shares during the period. Park Avenue Securities LLC’s holdings in Whirlpool were worth $501,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Congress Wealth Management LLC DE acquired a new stake in shares of Whirlpool during the 4th quarter worth approximately $278,000. State of Michigan Retirement System boosted its position in shares of Whirlpool by 19.2% during the 4th quarter. State of Michigan Retirement System now owns 21,047 shares of the company’s stock worth $4,939,000 after acquiring an additional 3,392 shares in the last quarter. LPL Financial LLC boosted its position in shares of Whirlpool by 8.3% during the 4th quarter. LPL Financial LLC now owns 25,924 shares of the company’s stock worth $6,083,000 after acquiring an additional 1,976 shares in the last quarter. AlphaCrest Capital Management LLC acquired a new stake in shares of Whirlpool during the 4th quarter worth approximately $231,000. Finally, Kwmg LLC boosted its position in Whirlpool by 3.9% in the first quarter. Kwmg LLC now owns 20,135 shares of the company’s stock valued at $3,479,000 after buying an additional 758 shares in the last quarter. Institutional investors and hedge funds own 97.80% of the company’s stock.

Whirlpool Stock Performance

Shares of Whirlpool stock opened at $167.77 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. Whirlpool Co. has a twelve month low of $145.93 and a twelve month high of $245.44. The stock has a market cap of $9.43 billion, a price-to-earnings ratio of 6.24, a P/E/G ratio of 1.36 and a beta of 1.56. The company’s fifty day moving average is $166.21 and its 200 day moving average is $183.95.

Whirlpool (NYSE:WHRGet Rating) last issued its quarterly earnings results on Monday, April 25th. The company reported $5.31 EPS for the quarter, beating analysts’ consensus estimates of $4.90 by $0.41. The business had revenue of $4.92 billion for the quarter, compared to analysts’ expectations of $5.30 billion. Whirlpool had a net margin of 7.72% and a return on equity of 30.56%. The business’s quarterly revenue was down 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.20 earnings per share. Sell-side analysts forecast that Whirlpool Co. will post 24.29 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Cfra lowered shares of Whirlpool to a “sell” rating and set a $180.00 target price on the stock. in a research report on Friday, April 8th. JPMorgan Chase & Co. cut their target price on shares of Whirlpool from $227.00 to $191.00 in a research report on Friday, July 15th. StockNews.com assumed coverage on shares of Whirlpool in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. Credit Suisse Group initiated coverage on shares of Whirlpool in a research report on Tuesday, April 5th. They issued a “neutral” rating and a $180.00 target price on the stock. Finally, The Goldman Sachs Group cut their price target on shares of Whirlpool from $235.00 to $202.00 and set a “buy” rating on the stock in a report on Thursday, June 23rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $198.00.

About Whirlpool

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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.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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