LSV Asset Management lessened its holdings in Whirlpool Corporation (NYSE:WHR – Free Report) by 44.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 447,951 shares of the company’s stock after selling 365,606 shares during the period. LSV Asset Management’s holdings in Whirlpool were worth $32,315,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the stock. Flagship Harbor Advisors LLC acquired a new position in shares of Whirlpool in the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its position in Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after purchasing an additional 208 shares during the period. SBI Securities Co. Ltd. raised its position in Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after purchasing an additional 280 shares during the period. Hara Capital LLC purchased a new stake in Whirlpool in the fourth quarter valued at approximately $40,000. Finally, AlphaCore Capital LLC raised its position in Whirlpool by 712.2% in the fourth quarter. AlphaCore Capital LLC now owns 601 shares of the company’s stock valued at $43,000 after purchasing an additional 527 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.
Whirlpool Price Performance
Shares of NYSE WHR opened at $42.69 on Monday. The stock’s 50-day moving average is $52.08 and its two-hundred day moving average is $67.98. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. Whirlpool Corporation has a 1-year low of $38.38 and a 1-year high of $111.96. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 14.52, a price-to-earnings-growth ratio of 16.84 and a beta of 1.23.
Analysts Set New Price Targets
A number of analysts have issued reports on WHR shares. Royal Bank Of Canada cut their target price on Whirlpool from $37.00 to $32.00 and set an “underperform” rating on the stock in a research report on Friday, May 8th. BNP Paribas Exane raised Whirlpool to a “neutral” rating in a research note on Monday, March 16th. Citigroup decreased their target price on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Bank of America decreased their target price on Whirlpool from $60.00 to $50.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. Finally, Weiss Ratings lowered Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $68.89.
View Our Latest Analysis on Whirlpool
Whirlpool Profile
Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.
In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.
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