Signaturefd LLC Has $36,000 Position in Whirlpool Co. (NYSE:WHR)

Signaturefd LLC lowered its holdings in shares of Whirlpool Co. (NYSE:WHR) by 50.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 296 shares of the company’s stock after selling 305 shares during the period. Signaturefd LLC’s holdings in Whirlpool were worth $36,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Private Trust Co. NA boosted its stake in shares of Whirlpool by 190.7% in the 4th quarter. Private Trust Co. NA now owns 282 shares of the company’s stock valued at $34,000 after purchasing an additional 185 shares in the last quarter. ORG Partners LLC acquired a new stake in shares of Whirlpool in the 4th quarter valued at $37,000. Sentry Investment Management LLC acquired a new stake in shares of Whirlpool in the 3rd quarter valued at $39,000. NBC Securities Inc. acquired a new stake in shares of Whirlpool in the 3rd quarter valued at $40,000. Finally, Headlands Technologies LLC bought a new position in shares of Whirlpool in the third quarter valued at about $52,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

WHR has been the subject of a number of research analyst reports. TheStreet raised Whirlpool from a “d+” rating to a “c+” rating in a report on Monday, January 29th. Loop Capital initiated coverage on Whirlpool in a report on Thursday, February 22nd. They issued a “buy” rating and a $140.00 price target for the company. Royal Bank of Canada cut their price target on Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a report on Friday, April 26th. StockNews.com cut Whirlpool from a “buy” rating to a “hold” rating in a report on Friday, April 26th. Finally, JPMorgan Chase & Co. cut their price target on Whirlpool from $120.00 to $111.00 and set a “neutral” rating for the company in a report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $113.40.

Whirlpool Stock Performance

Shares of NYSE:WHR opened at $95.56 on Friday. The stock has a market capitalization of $5.22 billion, a P/E ratio of 13.16 and a beta of 1.52. Whirlpool Co. has a 1-year low of $91.90 and a 1-year high of $160.62. 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 business has a 50-day moving average price of $107.68 and a two-hundred day moving average price of $111.72.

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

Whirlpool Dividend Announcement

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 given 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 payout ratio is currently 96.42%.

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.