LSV Asset Management Sells 26,049 Shares of Whirlpool Co. (NYSE:WHR)

LSV Asset Management lowered its holdings in Whirlpool Co. (NYSE:WHR) by 1.8% during the 4th quarter, Holdings Channel reports. The firm owned 1,384,211 shares of the company’s stock after selling 26,049 shares during the period. LSV Asset Management’s holdings in Whirlpool were worth $158,464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Brown Lisle Cummings Inc. bought a new stake in shares of Whirlpool during the 4th quarter valued at $27,000. SBI Securities Co. Ltd. bought a new position in Whirlpool during the 4th quarter worth approximately $30,000. GAMMA Investing LLC grew its position in shares of Whirlpool by 323.1% in the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after buying an additional 210 shares during the last quarter. Nemes Rush Group LLC grew its position in shares of Whirlpool by 79.1% in the 4th quarter. Nemes Rush Group LLC now owns 274 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the last quarter. Finally, Bogart Wealth LLC lifted its stake in shares of Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Performance

NYSE WHR opened at $85.52 on Thursday. The company has a fifty day moving average of $95.35 and a two-hundred day moving average of $106.99. Whirlpool Co. has a 1 year low of $75.04 and a 1 year high of $135.49. 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 company has a market capitalization of $4.74 billion, a PE ratio of -14.59 and a beta of 1.31.

Whirlpool (NYSE:WHR) last issued its 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 quarter last year, the company earned $3.85 EPS. As a group, analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Friday, February 28th were paid a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 8.19%. The ex-dividend date of this dividend was Friday, February 28th. Whirlpool’s dividend payout ratio is currently -119.45%.

Wall Street Analysts Forecast Growth

Several research analysts have recently 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 price objective on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $106.00.

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.