Treasurer of the State of North Carolina Buys 230 Shares of Whirlpool Co. (NYSE:WHR)

Treasurer of the State of North Carolina lifted its stake in shares of Whirlpool Co. (NYSE:WHRFree Report) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,726 shares of the company’s stock after acquiring an additional 230 shares during the quarter. Treasurer of the State of North Carolina’s holdings in Whirlpool were worth $2,889,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Private Trust Co. NA boosted its stake in shares of Whirlpool by 190.7% during the 4th quarter. Private Trust Co. NA now owns 282 shares of the company’s stock worth $34,000 after acquiring an additional 185 shares in the last quarter. ORG Partners LLC bought a new stake in shares of Whirlpool during the 4th quarter worth about $37,000. NBC Securities Inc. bought a new stake in shares of Whirlpool during the 3rd quarter worth about $40,000. Parallel Advisors LLC boosted its stake in shares of Whirlpool by 82.5% during the 4th quarter. Parallel Advisors LLC now owns 407 shares of the company’s stock worth $50,000 after acquiring an additional 184 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of Whirlpool during the 3rd quarter worth about $52,000. Institutional investors own 90.78% of the company’s stock.

Whirlpool Price Performance

Shares of WHR stock opened at $89.50 on Thursday. The stock has a 50 day moving average of $99.76 and a two-hundred day moving average of $107.95. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 2.56. Whirlpool Co. has a 12 month low of $84.18 and a 12 month high of $160.62. The company has a market capitalization of $4.89 billion, a P/E ratio of 12.33 and a beta of 1.48.

Whirlpool (NYSE:WHRGet Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $1.78 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 company had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter last year, the company earned $2.66 EPS. The company’s quarterly revenue was down 3.4% on a year-over-year basis. As a group, equities analysts expect that Whirlpool Co. will post 12.37 EPS for the current year.

Whirlpool Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, June 15th. Stockholders of record on Friday, May 17th will be issued a $1.75 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.82%. Whirlpool’s payout ratio is presently 96.42%.

Analysts Set New Price Targets

WHR has been the subject of several recent analyst reports. Loop Capital initiated coverage on Whirlpool in a research note on Thursday, February 22nd. They set a “buy” rating and a $140.00 target price for the company. Royal Bank of Canada decreased their target price on Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a research note on Friday, April 26th. Bank of America increased their target price on Whirlpool from $63.00 to $75.00 in a research note on Friday, May 17th. Finally, StockNews.com downgraded Whirlpool from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $111.00.

Read Our Latest Stock Analysis on WHR

Whirlpool Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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