Brown Lisle Cummings Inc. Takes $27,000 Position in Whirlpool Co. (NYSE:WHR)

Brown Lisle Cummings Inc. acquired a new position in shares of Whirlpool Co. (NYSE:WHR) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 240 shares of the company’s stock, valued at approximately $27,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of WHR. GAMMA Investing LLC increased its position in shares of Whirlpool by 323.1% during the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after acquiring an additional 210 shares during the last quarter. Legend Financial Advisors Inc. purchased a new position in shares of Whirlpool during the 4th quarter worth approximately $34,000. HHM Wealth Advisors LLC raised its position in Whirlpool by 216.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock valued at $36,000 after purchasing an additional 216 shares during the period. UMB Bank n.a. lifted its stake in Whirlpool by 56.4% during the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock worth $37,000 after purchasing an additional 115 shares in the last quarter. Finally, True Wealth Design LLC boosted its position in shares of Whirlpool by 545.5% during the third quarter. True Wealth Design LLC now owns 355 shares of the company’s stock worth $38,000 after buying an additional 300 shares during the period. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WHR has been the topic of several research reports. JPMorgan Chase & Co. increased their target price on Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. The Goldman Sachs Group raised 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. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Royal Bank of Canada decreased 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. Finally, Bank of America upped their price objective on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. Two 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $112.80.

Whirlpool Stock Up 1.3 %

Shares of Whirlpool stock opened at $100.52 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. Whirlpool Co. has a 52-week low of $84.18 and a 52-week high of $135.49. The company has a market capitalization of $5.54 billion, a P/E ratio of -17.15 and a beta of 1.43. The company has a 50 day moving average of $118.66 and a 200 day moving average of $108.27.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the previous year, the company posted $3.85 earnings per share. As a group, research analysts forecast that Whirlpool Co. will post 12.87 EPS for the current fiscal year.

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.