Whirlpool Co. (NYSE:WHR) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. decreased its position in Whirlpool Co. (NYSE:WHRGet Rating) by 85.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,805 shares of the company’s stock after selling 27,344 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Whirlpool were worth $648,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp acquired a new stake in shares of Whirlpool in the second quarter valued at $31,000. Total Clarity Wealth Management Inc. acquired a new stake in shares of Whirlpool during the second quarter worth $33,000. Cambridge Trust Co. raised its position in shares of Whirlpool by 119.6% during the second quarter. Cambridge Trust Co. now owns 224 shares of the company’s stock worth $35,000 after purchasing an additional 122 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Whirlpool by 96.2% during the first quarter. Geneos Wealth Management Inc. now owns 204 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares during the period. Finally, Brown Brothers Harriman & Co. raised its position in shares of Whirlpool by 526.3% during the first quarter. Brown Brothers Harriman & Co. now owns 238 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 92.14% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on WHR shares. StockNews.com started coverage on Whirlpool in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Bank of America lowered Whirlpool from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $155.00 to $119.00 in a research report on Wednesday, October 26th. JPMorgan Chase & Co. dropped their price target on Whirlpool from $145.00 to $137.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 20th. The Goldman Sachs Group reissued a “neutral” rating and set a $160.00 price target on shares of Whirlpool in a research report on Thursday, November 17th. Finally, Credit Suisse Group dropped their price target on Whirlpool to $157.00 in a research report on Thursday, October 20th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat.com, Whirlpool presently has an average rating of “Hold” and a consensus price target of $158.00.

Whirlpool Stock Performance

Shares of WHR stock opened at $150.82 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.16 and a quick ratio of 0.74. Whirlpool Co. has a fifty-two week low of $124.43 and a fifty-two week high of $214.10. The stock’s 50-day moving average is $146.57 and its two-hundred day moving average is $150.58. The firm has a market cap of $8.22 billion, a P/E ratio of 24.29, a PEG ratio of 1.83 and a beta of 1.50.

Whirlpool (NYSE:WHRGet Rating) last issued its earnings results on Thursday, October 20th. The company reported $4.49 earnings per share for the quarter, missing the consensus estimate of $5.59 by ($1.10). Whirlpool had a return on equity of 27.65% and a net margin of 1.86%. The firm had revenue of $4.78 billion during the quarter, compared to analyst estimates of $5.15 billion. During the same period in the previous year, the company earned $6.68 earnings per share. The business’s revenue for the quarter was down 12.8% on a year-over-year basis. Analysts predict that Whirlpool Co. will post 19.25 earnings per share for the current fiscal year.

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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