3,177 Shares in Whirlpool Co. (NYSE:WHR) Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. purchased a new position in Whirlpool Co. (NYSE:WHR) in the 4th quarter, HoldingsChannel reports. The firm purchased 3,177 shares of the company’s stock, valued at approximately $387,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in Whirlpool by 19.6% in the third quarter. Envestnet Asset Management Inc. now owns 90,465 shares of the company’s stock worth $12,095,000 after acquiring an additional 14,851 shares in the last quarter. IFG Advisory LLC grew its position in Whirlpool by 5.6% in the fourth quarter. IFG Advisory LLC now owns 2,737 shares of the company’s stock worth $333,000 after acquiring an additional 146 shares in the last quarter. Gilman Hill Asset Management LLC grew its position in Whirlpool by 47.0% in the fourth quarter. Gilman Hill Asset Management LLC now owns 79,926 shares of the company’s stock worth $9,733,000 after acquiring an additional 25,541 shares in the last quarter. Capital Advisors Inc. OK purchased a new position in Whirlpool in the fourth quarter worth about $6,373,000. Finally, Deutsche Bank AG grew its position in Whirlpool by 4.7% in the third quarter. Deutsche Bank AG now owns 428,220 shares of the company’s stock worth $57,253,000 after acquiring an additional 19,036 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on WHR shares. Loop Capital started coverage on Whirlpool in a research report on Thursday, February 22nd. They set a “buy” rating and a $140.00 target price for the company. Royal Bank of Canada dropped their target price on Whirlpool from $92.00 to $85.00 and set an “underperform” rating for the company in a research report on Wednesday, January 31st. TheStreet upgraded Whirlpool from a “d+” rating to a “c+” rating in a research report on Monday, January 29th. JPMorgan Chase & Co. dropped their target price on Whirlpool from $120.00 to $111.00 and set a “neutral” rating for the company in a research report on Friday, February 2nd. Finally, StockNews.com upgraded Whirlpool from a “hold” rating to a “buy” rating in a research report on Tuesday, February 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Whirlpool currently has a consensus rating of “Hold” and a consensus price target of $114.60.

Whirlpool Stock Performance

Whirlpool stock opened at $105.65 on Thursday. The company has a 50 day moving average price of $109.71 and a 200-day moving average price of $113.13. The company has a debt-to-equity ratio of 2.53, a quick ratio of 0.57 and a current ratio of 0.89. Whirlpool Co. has a fifty-two week low of $98.40 and a fifty-two week high of $160.62. The company has a market capitalization of $5.77 billion, a PE ratio of 12.13 and a beta of 1.48.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.08. Whirlpool had a net margin of 2.47% and a return on equity of 38.67%. The firm had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the previous year, the firm posted $2.66 earnings per share. The company’s revenue was down 3.4% on a year-over-year basis. As a group, equities analysts forecast that Whirlpool Co. will post 12.85 earnings per share for the current year.

Whirlpool Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Investors of record on Friday, May 17th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date of this dividend is Thursday, May 16th. Whirlpool’s dividend payout ratio (DPR) is 80.37%.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.