Whirlpool Co. (NYSE:WHR) Shares Acquired by Jump Financial LLC

Jump Financial LLC lifted its holdings in shares of Whirlpool Co. (NYSE:WHRFree Report) by 199.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,168 shares of the company’s stock after buying an additional 8,768 shares during the quarter. Jump Financial LLC’s holdings in Whirlpool were worth $1,603,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in WHR. Private Trust Co. NA increased its position in shares of Whirlpool by 190.7% during the fourth quarter. Private Trust Co. NA now owns 282 shares of the company’s stock worth $34,000 after purchasing an additional 185 shares in the last quarter. Sentry Investment Management LLC purchased a new stake in shares of Whirlpool during the third quarter worth approximately $39,000. NBC Securities Inc. purchased a new stake in shares of Whirlpool during the third quarter worth approximately $40,000. ORG Partners LLC purchased a new stake in shares of Whirlpool during the fourth quarter worth approximately $37,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Whirlpool during the third quarter worth approximately $52,000. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Trading Down 1.1 %

WHR opened at $94.93 on Thursday. Whirlpool Co. has a 52 week low of $91.90 and a 52 week high of $160.62. The company has a quick ratio of 0.58, a current ratio of 0.95 and a debt-to-equity ratio of 2.56. The business has a fifty day simple moving average of $106.08 and a 200-day simple moving average of $110.19. The firm has a market cap of $5.19 billion, a P/E ratio of 13.08 and a beta of 1.52.

Whirlpool (NYSE:WHRGet Free Report) last announced its earnings results on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.17. The company 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%. Whirlpool’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period last year, the business posted $2.66 EPS. On average, equities analysts expect that Whirlpool Co. will post 12.53 earnings per share for the current year.

Whirlpool Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be given a $1.75 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $7.00 annualized dividend and a yield of 7.37%. Whirlpool’s dividend payout ratio is presently 96.42%.

Wall Street Analysts Forecast Growth

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

Get Our Latest Analysis on Whirlpool

About Whirlpool

(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.

See Also

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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