UMB Bank n.a. Purchases 191 Shares of Whirlpool Co. (NYSE:WHR)

UMB Bank n.a. lifted its position in shares of Whirlpool Co. (NYSE:WHR) by 80.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 428 shares of the company’s stock after purchasing an additional 191 shares during the period. UMB Bank n.a.’s holdings in Whirlpool were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. V Square Quantitative Management LLC grew its position in Whirlpool by 5.9% during the fourth quarter. V Square Quantitative Management LLC now owns 1,786 shares of the company’s stock worth $217,000 after buying an additional 100 shares in the last quarter. Applied Finance Capital Management LLC boosted its holdings in shares of Whirlpool by 5.8% in the 4th quarter. Applied Finance Capital Management LLC now owns 2,296 shares of the company’s stock valued at $280,000 after purchasing an additional 125 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Whirlpool by 2.6% in the 1st quarter. Private Advisor Group LLC now owns 5,006 shares of the company’s stock valued at $599,000 after purchasing an additional 125 shares in the last quarter. Legacy Financial Advisors Inc. boosted its holdings in shares of Whirlpool by 5.8% in the 4th quarter. Legacy Financial Advisors Inc. now owns 2,544 shares of the company’s stock valued at $310,000 after purchasing an additional 139 shares in the last quarter. Finally, Greenleaf Trust boosted its holdings in shares of Whirlpool by 8.1% in the 1st quarter. Greenleaf Trust now owns 1,880 shares of the company’s stock valued at $225,000 after purchasing an additional 141 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Analysts Set New Price Targets

WHR has been the topic of a number of research analyst reports. Bank of America initiated coverage on Whirlpool in a report on Tuesday, July 30th. They issued an “underperform” rating and a $88.00 target price on the stock. Royal Bank of Canada dropped their price target on Whirlpool from $79.00 to $76.00 and set an “underperform” rating for the company in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $103.75.

Whirlpool Price Performance

Shares of NYSE WHR opened at $100.29 on Friday. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $142.52. The stock’s 50 day moving average price is $100.14 and its 200-day moving average price is $101.03. The company has a market capitalization of $5.48 billion, a PE ratio of 13.81 and a beta of 1.44. The company has a quick ratio of 0.58, a current ratio of 0.96 and a debt-to-equity ratio of 1.88.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, July 24th. The company reported $2.39 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.39. Whirlpool had a return on equity of 27.67% and a net margin of 2.89%. The firm had revenue of $3.99 billion for the quarter, compared to the consensus estimate of $3.96 billion. During the same quarter in the previous year, the business earned $4.21 EPS. The company’s revenue was down 16.8% compared to the same quarter last year. On average, equities analysts anticipate that Whirlpool Co. will post 11.31 EPS for the current year.

Whirlpool Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 15th. Stockholders of record on Friday, August 30th will be paid a $1.75 dividend. The ex-dividend date is Friday, August 30th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 6.98%. Whirlpool’s payout ratio is presently 96.42%.

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.