Cwm LLC Buys 645 Shares of Whirlpool Co. (NYSE:WHR)

Cwm LLC increased its position in Whirlpool Co. (NYSE:WHR) by 112.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,221 shares of the company’s stock after purchasing an additional 645 shares during the period. Cwm LLC’s holdings in Whirlpool were worth $149,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WHR. Private Trust Co. NA raised its stake in shares of Whirlpool by 190.7% during the fourth quarter. Private Trust Co. NA now owns 282 shares of the company’s stock valued at $34,000 after acquiring an additional 185 shares during the last quarter. ORG Partners LLC purchased a new stake in Whirlpool in the 4th quarter worth approximately $37,000. Sentry Investment Management LLC bought a new stake in shares of Whirlpool in the 3rd quarter worth approximately $39,000. NBC Securities Inc. purchased a new position in shares of Whirlpool during the third quarter valued at approximately $40,000. Finally, Headlands Technologies LLC bought a new stake in Whirlpool in the third quarter valued at $52,000. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Trading Up 1.1 %

Whirlpool stock opened at $95.56 on Monday. The firm has a 50 day moving average of $107.68 and a 200 day moving average of $111.46. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 2.56. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 13.16 and a beta of 1.52. Whirlpool Co. has a 12-month low of $91.90 and a 12-month high of $160.62.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.17. Whirlpool had a return on equity of 35.16% and a net margin of 2.07%. The business had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the business posted $2.66 EPS. Whirlpool’s revenue for the quarter was down 3.4% compared to the same quarter last year. As a group, research analysts predict that Whirlpool Co. will post 12.53 earnings per share for the current year.

Whirlpool Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Stockholders of record on Friday, May 17th will be issued a dividend of $1.75 per share. The ex-dividend date is Thursday, May 16th. This represents a $7.00 annualized dividend and a dividend yield of 7.33%. Whirlpool’s dividend payout ratio (DPR) is 96.42%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on WHR. StockNews.com downgraded Whirlpool from a “buy” rating to a “hold” rating in a report on Friday, April 26th. TheStreet raised Whirlpool from a “d+” rating to a “c+” rating in a research report on Monday, January 29th. Royal Bank of Canada reduced their price objective on Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research report on Friday, April 26th. JPMorgan Chase & Co. dropped their price target on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating on the stock in a research note on Friday, February 2nd. Finally, Loop Capital assumed coverage on Whirlpool in a research note on Thursday, February 22nd. They set a “buy” rating and a $140.00 target price on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $113.40.

Whirlpool Profile

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.