Cambridge Investment Research Advisors Inc. Boosts Holdings in Whirlpool Co. (WHR)

Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Whirlpool Co. (NYSE:WHR) by 6.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,254 shares of the company’s stock after acquiring an additional 958 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Whirlpool were worth $2,572,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. NuWave Investment Management LLC bought a new stake in Whirlpool during the 4th quarter worth approximately $101,000. Cerebellum GP LLC bought a new stake in Whirlpool during the 4th quarter worth approximately $128,000. Valeo Financial Advisors LLC bought a new stake in Whirlpool during the 3rd quarter worth approximately $129,000. Clear Perspective Advisors LLC grew its holdings in Whirlpool by 74.6% during the 4th quarter. Clear Perspective Advisors LLC now owns 1,170 shares of the company’s stock worth $197,000 after acquiring an additional 500 shares during the last quarter. Finally, Moors & Cabot Inc. bought a new stake in Whirlpool during the 4th quarter worth approximately $211,000. 90.27% of the stock is currently owned by hedge funds and other institutional investors.

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NYSE:WHR opened at $153.11 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.58 and a current ratio of 0.93. Whirlpool Co. has a 52 week low of $150.22 and a 52 week high of $202.99. The firm has a market capitalization of $10,823.04, a PE ratio of 11.14, a PEG ratio of 0.83 and a beta of 1.84.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, January 24th. The company reported $4.10 EPS for the quarter, beating the Zacks’ consensus estimate of $4.01 by $0.09. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The company had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.88 billion. During the same period in the prior year, the firm posted $4.33 EPS. The company’s quarterly revenue was up .8% on a year-over-year basis. equities research analysts forecast that Whirlpool Co. will post 15.31 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Friday, March 2nd were given a dividend of $1.10 per share. The ex-dividend date was Thursday, March 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.87%. Whirlpool’s payout ratio is presently 32.02%.

A number of research firms have weighed in on WHR. KeyCorp reissued an “equal weight” rating on shares of Whirlpool in a report on Monday, January 29th. Royal Bank of Canada boosted their target price on shares of Whirlpool to $200.00 and gave the stock an “in-line” rating in a report on Monday, January 29th. Raymond James Financial raised shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price on the stock in a report on Friday, January 26th. UBS raised shares of Whirlpool from a “market perform” rating to an “outperform” rating in a report on Friday, January 26th. Finally, Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday, January 25th. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Whirlpool currently has a consensus rating of “Hold” and a consensus price target of $189.40.

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About Whirlpool

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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