Whirlpool Co. (NYSE:WHR) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. decreased its holdings in shares of Whirlpool Co. (NYSE:WHR) by 14.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,169 shares of the company’s stock after selling 1,874 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Whirlpool were worth $1,279,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Brown Lisle Cummings Inc. acquired a new position in Whirlpool in the fourth quarter valued at $27,000. GAMMA Investing LLC boosted its holdings in Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after acquiring an additional 210 shares during the last quarter. Bogart Wealth LLC boosted its holdings in Whirlpool by 113.6% in the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock valued at $32,000 after acquiring an additional 150 shares during the last quarter. Legend Financial Advisors Inc. acquired a new position in Whirlpool in the fourth quarter valued at $34,000. Finally, HHM Wealth Advisors LLC boosted its holdings in Whirlpool by 216.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock valued at $36,000 after acquiring an additional 216 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Trading Down 7.8 %

Shares of WHR opened at $90.80 on Wednesday. The stock’s 50-day moving average is $112.77 and its two-hundred day moving average is $108.92. The stock has a market cap of $5.03 billion, a PE ratio of -15.49 and a beta of 1.43. Whirlpool Co. has a 12 month low of $84.18 and a 12 month high of $135.49. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same quarter last year, the business earned $3.85 EPS. Equities analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Friday, February 28th will be given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date of this dividend is Friday, February 28th. Whirlpool’s payout ratio is -119.45%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on WHR shares. The Goldman Sachs Group lifted their target price on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $106.00.

Whirlpool 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.