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

Cwm LLC increased its position in Whirlpool Co. (NYSE:WHR) by 112.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 reporting period.

A number of other hedge funds have also recently modified their holdings of WHR. Envestnet Asset Management Inc. increased its holdings in shares of Whirlpool by 19.6% during the third quarter. Envestnet Asset Management Inc. now owns 90,465 shares of the company’s stock valued at $12,095,000 after acquiring an additional 14,851 shares in the last quarter. IFG Advisory LLC grew its position in Whirlpool by 5.6% in the 4th quarter. IFG Advisory LLC now owns 2,737 shares of the company’s stock worth $333,000 after purchasing an additional 146 shares during the period. Gilman Hill Asset Management LLC raised its stake 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 buying an additional 25,541 shares during the last quarter. Capital Advisors Inc. OK bought a new position in shares of Whirlpool during the 4th quarter valued at $6,373,000. Finally, Deutsche Bank AG boosted its stake in shares of Whirlpool by 4.7% in the 3rd quarter. Deutsche Bank AG now owns 428,220 shares of the company’s stock worth $57,253,000 after buying an additional 19,036 shares during the last quarter. Institutional investors own 90.78% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Whirlpool Trading Up 1.1 %

Shares of Whirlpool stock opened at $95.56 on Monday. The stock has a market cap of $5.22 billion, a PE ratio of 13.16 and a beta of 1.52. The firm has a fifty day moving average price of $107.68 and a 200 day moving average price of $111.46. Whirlpool Co. has a 1 year low of $91.90 and a 1 year high of $160.62. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.95 and a quick ratio of 0.58.

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

Whirlpool Announces Dividend

The firm 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 of this dividend is Thursday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.33%. Whirlpool’s dividend payout ratio (DPR) is 96.42%.

About Whirlpool

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.