J.W. Cole Advisors Inc. Buys New Holdings in Whirlpool Co. (NYSE:WHR)

J.W. Cole Advisors Inc. bought a new stake in shares of Whirlpool Co. (NYSE:WHR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,177 shares of the company’s stock, valued at approximately $387,000.

Several other institutional investors also recently bought and sold shares of WHR. Envestnet Asset Management Inc. raised its position in Whirlpool by 19.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 90,465 shares of the company’s stock valued at $12,095,000 after purchasing an additional 14,851 shares during the last quarter. IFG Advisory LLC raised its position in Whirlpool by 5.6% during the 4th quarter. IFG Advisory LLC now owns 2,737 shares of the company’s stock valued at $333,000 after purchasing an additional 146 shares during the last quarter. Gilman Hill Asset Management LLC raised its position in Whirlpool by 47.0% during the 4th quarter. Gilman Hill Asset Management LLC now owns 79,926 shares of the company’s stock valued at $9,733,000 after purchasing an additional 25,541 shares during the last quarter. Capital Advisors Inc. OK bought a new position in Whirlpool during the 4th quarter valued at approximately $6,373,000. Finally, Deutsche Bank AG raised its position in Whirlpool by 4.7% during the 3rd quarter. Deutsche Bank AG now owns 428,220 shares of the company’s stock valued at $57,253,000 after purchasing an additional 19,036 shares during the last quarter. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Whirlpool Stock Performance

Whirlpool stock opened at $105.65 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.89 and a debt-to-equity ratio of 2.53. The company has a market capitalization of $5.77 billion, a P/E ratio of 12.13 and a beta of 1.48. The stock’s 50 day moving average is $109.71 and its 200 day moving average is $113.13. Whirlpool Co. has a twelve month low of $98.40 and a twelve month high of $160.62.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.08. The company had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.42 billion. Whirlpool had a return on equity of 38.67% and a net margin of 2.47%. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.66 EPS. On average, equities research analysts predict that Whirlpool Co. will post 12.85 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on WHR shares. StockNews.com raised Whirlpool from a “hold” rating to a “buy” rating in a research report on Tuesday, February 27th. Loop Capital started coverage on Whirlpool in a research report on Thursday, February 22nd. They issued a “buy” rating and a $140.00 target price for the company. TheStreet raised Whirlpool from a “d+” rating to a “c+” rating in a research report on Monday, January 29th. JPMorgan Chase & Co. decreased 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, Royal Bank of Canada decreased 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $114.60.

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.