Farther Finance Advisors LLC Sells 1,644 Shares of Whirlpool Co. (NYSE:WHR)

Farther Finance Advisors LLC trimmed its holdings in Whirlpool Co. (NYSE:WHR) by 32.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,349 shares of the company’s stock after selling 1,644 shares during the quarter. Farther Finance Advisors LLC’s holdings in Whirlpool were worth $383,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WHR. Brown Lisle Cummings Inc. bought a new position in Whirlpool in the 4th quarter worth approximately $27,000. SBI Securities Co. Ltd. bought a new position in Whirlpool in the 4th quarter worth approximately $30,000. GAMMA Investing LLC boosted its stake in Whirlpool by 323.1% in the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after purchasing an additional 210 shares during the period. Bogart Wealth LLC boosted its stake in Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares during the period. Finally, Legend Financial Advisors Inc. bought a new position in Whirlpool in the 4th quarter worth approximately $34,000. 90.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group increased their target price on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $106.00.

Whirlpool Stock Up 3.8 %

NYSE WHR opened at $94.43 on Tuesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72. The company has a market capitalization of $5.23 billion, a P/E ratio of -16.11 and a beta of 1.44. Whirlpool Co. has a one year low of $84.18 and a one year high of $135.49. The stock has a 50 day moving average price of $108.70 and a 200-day moving average price of $108.43.

Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, beating 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 quarter in the prior year, the company posted $3.85 earnings per share. As a group, equities analysts predict that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Friday, February 28th were issued a dividend of $1.75 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $7.00 annualized dividend and a yield of 7.41%. Whirlpool’s payout ratio is presently -119.45%.

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.