First Dallas Securities Inc. Boosts Stock Holdings in Whirlpool Co. (NYSE:WHR)

First Dallas Securities Inc. boosted its position in shares of Whirlpool Co. (NYSE:WHR) by 99.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,125 shares of the company’s stock after acquiring an additional 4,050 shares during the period. First Dallas Securities Inc.’s holdings in Whirlpool were worth $930,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Stifel Financial Corp grew its stake in Whirlpool by 1.4% during the third quarter. Stifel Financial Corp now owns 440,175 shares of the company’s stock valued at $47,099,000 after acquiring an additional 6,049 shares in the last quarter. HighTower Advisors LLC grew its stake in Whirlpool by 1.9% in the 3rd quarter. HighTower Advisors LLC now owns 1,033,263 shares of the company’s stock worth $110,567,000 after buying an additional 18,936 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Whirlpool by 14.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,019,569 shares of the company’s stock worth $216,094,000 after buying an additional 258,871 shares in the last quarter. State Street Corp grew its stake in Whirlpool by 1.0% in the 3rd quarter. State Street Corp now owns 1,650,386 shares of the company’s stock worth $176,591,000 after buying an additional 15,752 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its stake in Whirlpool by 10.7% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 76,709 shares of the company’s stock worth $8,208,000 after buying an additional 7,405 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Down 5.6 %

NYSE:WHR opened at $99.16 on Tuesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $135.49. The firm has a 50-day simple moving average of $119.04 and a two-hundred day simple moving average of $108.31.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period last year, the firm earned $3.85 earnings per share. On average, analysts forecast that Whirlpool Co. will post 12.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on WHR. Bank of America boosted their price objective on shares of Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a report on Friday, October 25th. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group upped their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. JPMorgan Chase & Co. increased their price target on shares of Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. Finally, Royal Bank of Canada dropped their price target on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $112.80.

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.