Global Retirement Partners LLC Boosts Stake in Whirlpool Co. (NYSE:WHR)

Global Retirement Partners LLC raised its position in Whirlpool Co. (NYSE:WHR – Get Rating) by 31.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 642 shares of the company’s stock after purchasing an additional 153 shares during the quarter. Global Retirement Partners LLC’s holdings in Whirlpool were worth $89,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Whirlpool by 3.6% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,719 shares of the company’s stock worth $266,000 after acquiring an additional 60 shares during the period. Geneos Wealth Management Inc. lifted its position in Whirlpool by 30.4% in the second quarter. Geneos Wealth Management Inc. now owns 266 shares of the company’s stock valued at $41,000 after purchasing an additional 62 shares during the period. Rowland & Co. Investment Counsel ADV lifted its position in Whirlpool by 3.3% in the third quarter. Rowland & Co. Investment Counsel ADV now owns 2,210 shares of the company’s stock valued at $298,000 after purchasing an additional 70 shares during the period. Empirical Finance LLC boosted its holdings in Whirlpool by 2.3% in the 2nd quarter. Empirical Finance LLC now owns 3,452 shares of the company’s stock valued at $535,000 after purchasing an additional 77 shares in the last quarter. Finally, Coastline Trust Co increased its position in Whirlpool by 1.1% during the 2nd quarter. Coastline Trust Co now owns 7,610 shares of the company’s stock worth $1,178,000 after purchasing an additional 80 shares during the period. 92.14% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Trading Up 0.4 %

Shares of WHR stock opened at $152.73 on Wednesday. The company has a market capitalization of $8.32 billion, a price-to-earnings ratio of 24.59 and a beta of 1.50. The company has a current ratio of 1.16, a quick ratio of 0.74 and a debt-to-equity ratio of 1.09. The firm has a 50-day moving average price of $146.52 and a 200 day moving average price of $150.39. Whirlpool Co. has a twelve month low of $124.43 and a twelve month high of $214.10.

Analyst Ratings Changes

A number of analysts recently weighed in on WHR shares. JPMorgan Chase & Co. decreased their price target on Whirlpool from $145.00 to $137.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 20th. Bank of America lowered shares of Whirlpool from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $155.00 to $119.00 in a research report on Wednesday, October 26th. Credit Suisse Group cut their price target on shares of Whirlpool to $157.00 in a report on Thursday, October 20th. StockNews.com assumed coverage on shares of Whirlpool in a report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $160.00 target price on shares of Whirlpool in a report on Thursday, November 17th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, Whirlpool has a consensus rating of “Hold” and an average price target of $158.00.

About Whirlpool

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Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.