Whirlpool Corporation (NYSE:WHR) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. lessened its stake in shares of Whirlpool Corporation (NYSE:WHR) by 11.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,573 shares of the company’s stock after selling 336 shares during the period. Brown Advisory Inc.’s holdings in Whirlpool were worth $232,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nemes Rush Group LLC increased its position in Whirlpool by 79.1% during the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company’s stock worth $31,000 after purchasing an additional 121 shares during the last quarter. Bessemer Group Inc. increased its position in Whirlpool by 0.4% during the fourth quarter. Bessemer Group Inc. now owns 32,674 shares of the company’s stock worth $3,740,000 after purchasing an additional 121 shares during the last quarter. UMB Bank n.a. increased its position in Whirlpool by 40.4% during the first quarter. UMB Bank n.a. now owns 448 shares of the company’s stock worth $40,000 after purchasing an additional 129 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Whirlpool by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 23,260 shares of the company’s stock worth $2,663,000 after purchasing an additional 140 shares during the last quarter. Finally, Summit Financial LLC raised its position in shares of Whirlpool by 4.2% during the 4th quarter. Summit Financial LLC now owns 3,762 shares of the company’s stock valued at $431,000 after buying an additional 150 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Down 4.8%

Shares of NYSE WHR opened at $96.10 on Thursday. The firm has a market cap of $5.34 billion, a price-to-earnings ratio of 686.41 and a beta of 1.25. The company has a quick ratio of 0.40, a current ratio of 0.72 and a debt-to-equity ratio of 1.71. Whirlpool Corporation has a 52-week low of $73.72 and a 52-week high of $135.49. The business’s 50 day moving average is $90.59 and its two-hundred day moving average is $95.90.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, April 23rd. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.03. The company had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.67 billion. Whirlpool had a return on equity of 21.38% and a net margin of 0.04%. The firm’s quarterly revenue was down 19.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.78 earnings per share. Research analysts predict that Whirlpool Corporation will post 9.52 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on WHR shares. Royal Bank Of Canada reduced their price target on shares of Whirlpool from $81.00 to $65.00 and set an “underperform” rating on the stock in a research report on Friday, April 25th. JPMorgan Chase & Co. reduced their price target on shares of Whirlpool from $109.00 to $89.00 and set a “neutral” rating on the stock in a research report on Monday, April 28th. Bank of America raised shares of Whirlpool from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $68.00 to $94.00 in a research report on Friday, June 13th. Longbow Research raised shares of Whirlpool from a “neutral” rating to a “buy” rating and set a $145.00 price target on the stock in a research report on Monday, June 30th. Finally, Wall Street Zen raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Sunday, June 22nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $108.40.

Whirlpool Company 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.