Whirlpool Co. (NYSE:WHR) Shares Sold by Beacon Financial Group

Beacon Financial Group reduced its holdings in shares of Whirlpool Co. (NYSE:WHR) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,073 shares of the company’s stock after selling 120 shares during the quarter. Beacon Financial Group’s holdings in Whirlpool were worth $352,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Brown Lisle Cummings Inc. bought a new position in Whirlpool during the 4th quarter valued at $27,000. GAMMA Investing LLC raised its stake in shares of Whirlpool by 323.1% in the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after purchasing an additional 210 shares in the last quarter. Legend Financial Advisors Inc. bought a new position in shares of Whirlpool during the fourth quarter worth about $34,000. HHM Wealth Advisors LLC grew its stake in Whirlpool by 216.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock worth $36,000 after purchasing an additional 216 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in Whirlpool by 56.4% in the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock valued at $37,000 after buying an additional 115 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on WHR. The Goldman Sachs Group increased their target price 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 lifted 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. JPMorgan Chase & Co. boosted their target price on shares of Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, Royal Bank of Canada lowered their price objective 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 equities research analysts have rated the stock with a sell rating, two have assigned 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 an average target price of $112.80.

Whirlpool Price Performance

WHR stock opened at $98.34 on Thursday. The stock’s fifty day moving average is $117.46 and its two-hundred day moving average is $108.24. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. Whirlpool Co. has a 1 year low of $84.18 and a 1 year high of $135.49.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, beating 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 prior year, the firm posted $3.85 EPS. As a group, research analysts forecast that Whirlpool Co. will post 9.51 earnings per share for the current fiscal year.

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.