Whirlpool Co. (NYSE:WHR) Shares Acquired by Bank & Trust Co

Bank & Trust Co boosted its stake in Whirlpool Co. (NYSE:WHR) by 78.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,134 shares of the company’s stock after acquiring an additional 1,380 shares during the period. Bank & Trust Co’s holdings in Whirlpool were worth $282,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. KBC Group NV increased its holdings in shares of Whirlpool by 45.8% in the fourth quarter. KBC Group NV now owns 2,547 shares of the company’s stock valued at $292,000 after purchasing an additional 800 shares during the period. GPS Wealth Strategies Group LLC grew its position in Whirlpool by 557.1% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 460 shares of the company’s stock valued at $53,000 after buying an additional 390 shares during the last quarter. HHM Wealth Advisors LLC increased its stake in Whirlpool by 216.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock valued at $36,000 after buying an additional 216 shares during the period. Hodges Capital Management Inc. acquired a new position in Whirlpool in the 4th quarter valued at $228,000. Finally, First Dallas Securities Inc. raised its position in Whirlpool by 99.4% during the 4th quarter. First Dallas Securities Inc. now owns 8,125 shares of the company’s stock worth $930,000 after buying an additional 4,050 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WHR. Wall Street Zen downgraded shares of Whirlpool from a “hold” rating to a “sell” rating in a report on Friday, April 25th. JPMorgan Chase & Co. lowered their price objective on Whirlpool from $109.00 to $89.00 and set a “neutral” rating on the stock in a report on Monday, April 28th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, Whirlpool currently has a consensus rating of “Hold” and a consensus price target of $101.00.

Whirlpool Price Performance

Whirlpool stock opened at $78.58 on Tuesday. The company has a market cap of $4.37 billion, a P/E ratio of -13.41 and a beta of 1.20. Whirlpool Co. has a one year low of $73.72 and a one year high of $135.49. The business has a fifty day moving average of $80.76 and a two-hundred day moving average of $99.84. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.03. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.67 billion. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The business’s revenue was down 19.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.78 EPS. As a group, analysts predict that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be given a dividend of $1.75 per share. The ex-dividend date is Friday, May 16th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 8.91%. Whirlpool’s payout ratio is 5,000.00%.

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.