Whirlpool Co. (WHR) Holdings Increased by AMP Capital Investors Ltd

AMP Capital Investors Ltd grew its position in Whirlpool Co. (NYSE:WHR) by 8.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,482 shares of the company’s stock after purchasing an additional 3,476 shares during the period. AMP Capital Investors Ltd owned approximately 0.06% of Whirlpool worth $8,020,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Whirlpool by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 7,314,502 shares of the company’s stock worth $1,401,605,000 after acquiring an additional 23,724 shares in the last quarter. Greenhaven Associates Inc. lifted its position in Whirlpool by 0.8% during the 3rd quarter. Greenhaven Associates Inc. now owns 2,759,675 shares of the company’s stock worth $508,994,000 after acquiring an additional 22,525 shares in the last quarter. Harris Associates L P lifted its position in Whirlpool by 12.5% during the 2nd quarter. Harris Associates L P now owns 2,180,839 shares of the company’s stock worth $417,892,000 after acquiring an additional 241,659 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in shares of Whirlpool by 7.1% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,837,517 shares of the company’s stock valued at $338,912,000 after purchasing an additional 122,189 shares in the last quarter. Finally, Evercore Trust Company N.A. raised its position in shares of Whirlpool by 4.1% in the 3rd quarter. Evercore Trust Company N.A. now owns 1,355,246 shares of the company’s stock valued at $249,962,000 after purchasing an additional 53,819 shares in the last quarter. 92.75% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on WHR shares. Zacks Investment Research lowered Whirlpool from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. ValuEngine upgraded Whirlpool from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. MKM Partners set a $177.00 price target on Whirlpool and gave the company a “hold” rating in a report on Friday, October 6th. Royal Bank of Canada reiterated a “buy” rating and issued a $209.00 price target on shares of Whirlpool in a report on Tuesday, October 10th. Finally, Bank of America downgraded Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price target for the company. in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $183.60.

Whirlpool Co. (NYSE:WHR) traded down $1.36 during trading hours on Wednesday, hitting $166.51. The stock had a trading volume of 859,100 shares, compared to its average volume of 850,268. Whirlpool Co. has a 12 month low of $158.80 and a 12 month high of $202.99. The company has a market capitalization of $12,063.61, a PE ratio of 11.98, a price-to-earnings-growth ratio of 1.70 and a beta of 1.88. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.55 and a current ratio of 0.90.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, October 23rd. The company reported $3.83 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $3.90 by ($0.07). The firm had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.50 billion. Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $3.66 EPS. equities analysts expect that Whirlpool Co. will post 13.7 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 17th will be issued a $1.10 dividend. The ex-dividend date is Thursday, November 16th. This represents a $4.40 annualized dividend and a dividend yield of 2.64%. Whirlpool’s dividend payout ratio (DPR) is 41.47%.

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Whirlpool Profile

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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