Mutual of America Capital Management LLC Sells 149 Shares of Whirlpool Co. (NYSE:WHR)

Mutual of America Capital Management LLC decreased its holdings in shares of Whirlpool Co. (NYSE:WHR – Get Rating) by 1.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,093 shares of the company’s stock after selling 149 shares during the period. Mutual of America Capital Management LLC’s holdings in Whirlpool were worth $2,262,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in WHR. Bivin & Associates Inc. bought a new stake in shares of Whirlpool during the 4th quarter valued at about $33,000. Alpha Paradigm Partners LLC bought a new position in Whirlpool in the fourth quarter worth approximately $38,000. Ellevest Inc. boosted its holdings in Whirlpool by 96.4% in the first quarter. Ellevest Inc. now owns 220 shares of the company’s stock worth $38,000 after acquiring an additional 108 shares in the last quarter. National Bank of Canada FI bought a new position in Whirlpool in the fourth quarter worth approximately $61,000. Finally, Tobam bought a new position in Whirlpool in the first quarter worth approximately $61,000. Institutional investors own 97.80% of the company’s stock.

Whirlpool Stock Performance

Shares of WHR opened at $175.71 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.70 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $9.88 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 1.33 and a beta of 1.56. The stock has a 50 day moving average of $165.49 and a 200 day moving average of $182.98. Whirlpool Co. has a 12 month low of $145.93 and a 12 month high of $245.44.

Whirlpool (NYSE:WHR – Get Rating) last issued its quarterly earnings results on Monday, July 25th. The company reported $5.97 EPS for the quarter, beating analysts’ consensus estimates of $5.24 by $0.73. The company had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.24 billion. Whirlpool had a return on equity of 28.99% and a net margin of 3.33%. Whirlpool’s revenue was down 4.3% on a year-over-year basis. During the same period last year, the business posted $6.64 earnings per share. As a group, sell-side analysts forecast that Whirlpool Co. will post 24.29 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on WHR shares. Cfra lowered Whirlpool to a “sell” rating and set a $180.00 price target on the stock. in a report on Friday, April 8th. TheStreet lowered Whirlpool from a “b” rating to a “c+” rating in a report on Monday. StockNews.com began coverage on Whirlpool in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Credit Suisse Group began coverage on Whirlpool in a research note on Tuesday, April 5th. They issued a “neutral” rating and a $180.00 price objective for the company. Finally, The Goldman Sachs Group lowered their price objective on Whirlpool from $235.00 to $202.00 and set a “buy” rating for the company in a research note on Thursday, June 23rd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average 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.