Diversify Advisory Services LLC Invests $231,000 in Whirlpool Co. (NYSE:WHR)

Diversify Advisory Services LLC purchased a new stake in Whirlpool Co. (NYSE:WHR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,958 shares of the company’s stock, valued at approximately $231,000.

Several other large investors have also recently bought and sold shares of the stock. Westside Investment Management Inc. grew its position in shares of Whirlpool by 4.5% in the third quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock valued at $251,000 after purchasing an additional 100 shares during the last quarter. Courier Capital LLC grew its holdings in Whirlpool by 0.4% in the 4th quarter. Courier Capital LLC now owns 26,354 shares of the company’s stock valued at $3,017,000 after buying an additional 107 shares in the last quarter. Rockland Trust Co. increased its position in Whirlpool by 1.4% during the 4th quarter. Rockland Trust Co. now owns 8,311 shares of the company’s stock worth $951,000 after buying an additional 118 shares during the period. Tidal Investments LLC lifted its holdings in shares of Whirlpool by 4.2% during the third quarter. Tidal Investments LLC now owns 3,151 shares of the company’s stock worth $337,000 after buying an additional 128 shares in the last quarter. Finally, Sigma Planning Corp boosted its position in shares of Whirlpool by 6.4% in the third quarter. Sigma Planning Corp now owns 2,170 shares of the company’s stock valued at $232,000 after acquiring an additional 130 shares during the period. 90.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Bank of America raised their price target on shares of Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday. The Goldman Sachs Group increased their price target on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Royal Bank of Canada dropped their price objective on Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. upped their target price on Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $112.80.

Insider Activity at Whirlpool

In other Whirlpool news, CFO James W. Peters sold 6,000 shares of the stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $104.48, for a total value of $626,880.00. Following the completion of the transaction, the chief financial officer now directly owns 41,570 shares in the company, valued at approximately $4,343,233.60. This trade represents a 12.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.05% of the stock is currently owned by insiders.

Whirlpool Stock Up 0.5 %

Shares of WHR opened at $132.79 on Friday. The firm has a 50 day simple moving average of $117.19 and a two-hundred day simple moving average of $107.46. The company has a market cap of $7.32 billion, a P/E ratio of 13.10 and a beta of 1.44. Whirlpool Co. has a one year low of $84.18 and a one year high of $134.54. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.55.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 earnings per share for the quarter, beating the consensus estimate of $2.99 by $0.44. The business had revenue of $3.99 billion for the quarter, compared to analyst estimates of $4.09 billion. Whirlpool had a return on equity of 21.41% and a net margin of 3.19%. Whirlpool’s revenue was down 18.9% compared to the same quarter last year. During the same period last year, the firm posted $5.45 earnings per share. Research analysts forecast that Whirlpool Co. will post 12.31 EPS for the current fiscal year.

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.