WCM Investment Management LLC Invests $452,000 in Whirlpool Co. (NYSE:WHR)

WCM Investment Management LLC bought a new stake in Whirlpool Co. (NYSE:WHR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,972 shares of the company’s stock, valued at approximately $452,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Empowered Funds LLC lifted its position in shares of Whirlpool by 7.5% in the fourth quarter. Empowered Funds LLC now owns 2,782 shares of the company’s stock valued at $318,000 after acquiring an additional 193 shares in the last quarter. Kingsview Wealth Management LLC acquired a new position in Whirlpool in the 4th quarter valued at about $267,000. Opinicus Capital Inc. lifted its holdings in Whirlpool by 10.0% in the 4th quarter. Opinicus Capital Inc. now owns 3,321 shares of the company’s stock valued at $380,000 after purchasing an additional 301 shares in the last quarter. Centennial Wealth Advisory LLC boosted its stake in shares of Whirlpool by 11.5% during the 4th quarter. Centennial Wealth Advisory LLC now owns 3,391 shares of the company’s stock worth $388,000 after purchasing an additional 351 shares during the last quarter. Finally, Lion Street Advisors LLC grew its holdings in shares of Whirlpool by 31.5% during the fourth quarter. Lion Street Advisors LLC now owns 8,645 shares of the company’s stock worth $990,000 after buying an additional 2,070 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WHR. Royal Bank of Canada reduced their price objective on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research note on Friday, October 25th. The Goldman Sachs Group raised their price objective on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Bank of America upped their target price on Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research note on Friday, October 25th. 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 report on Tuesday, October 29th. Finally, StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $112.80.

Whirlpool Trading Down 1.1 %

Shares of WHR opened at $100.68 on Tuesday. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $135.49. The firm has a market capitalization of $5.55 billion, a P/E ratio of -17.18 and a beta of 1.43. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. The stock’s fifty day simple moving average is $117.88 and its 200 day simple moving average is $108.24.

Whirlpool (NYSE:WHR) last released its quarterly earnings data 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 positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period in the prior year, the business posted $3.85 EPS. On average, equities research analysts forecast that Whirlpool Co. will post 9.51 earnings per share for the current year.

Whirlpool 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.