Round Hill Asset Management Sells 535 Shares of Whirlpool Co. (NYSE:WHR)

Round Hill Asset Management trimmed its position in shares of Whirlpool Co. (NYSE:WHR) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 11,619 shares of the company’s stock after selling 535 shares during the quarter. Whirlpool makes up about 0.9% of Round Hill Asset Management’s portfolio, making the stock its 28th biggest position. Round Hill Asset Management’s holdings in Whirlpool were worth $1,330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WHR. Captrust Financial Advisors raised its holdings in shares of Whirlpool by 17.7% in the third quarter. Captrust Financial Advisors now owns 3,536 shares of the company’s stock worth $378,000 after buying an additional 532 shares during the period. IHT Wealth Management LLC purchased a new stake in Whirlpool in the third quarter worth $224,000. Quantinno Capital Management LP purchased a new stake in Whirlpool in the third quarter worth $449,000. Stifel Financial Corp boosted its stake in shares of 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 purchasing an additional 6,049 shares during the period. Finally, State Street Corp grew its holdings in shares of Whirlpool by 1.0% in the third quarter. State Street Corp now owns 1,650,386 shares of the company’s stock worth $176,591,000 after purchasing an additional 15,752 shares during the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. The Goldman Sachs Group lifted their price target 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. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $106.00.

Whirlpool Stock Down 0.5 %

NYSE:WHR opened at $85.66 on Monday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The firm has a market cap of $4.74 billion, a PE ratio of -14.62 and a beta of 1.31. The company has a 50-day moving average of $99.34 and a 200 day moving average of $107.79. Whirlpool Co. has a 1-year low of $78.36 and a 1-year high of $135.49.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share 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 period in the previous year, the firm posted $3.85 earnings per share. As a group, research analysts anticipate that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were given a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 8.17%. The ex-dividend date was Friday, February 28th. Whirlpool’s payout ratio is -119.45%.

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.