Whirlpool Co. (NYSE:WHR) Shares Acquired by UMB Bank n.a.

UMB Bank n.a. boosted its holdings in Whirlpool Co. (NYSE:WHR) by 56.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 319 shares of the company’s stock after acquiring an additional 115 shares during the period. UMB Bank n.a.’s holdings in Whirlpool were worth $37,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in Whirlpool by 5.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 69,786 shares of the company’s stock worth $7,132,000 after acquiring an additional 3,584 shares during the period. Hsbc Holdings PLC raised its stake in shares of Whirlpool by 16.0% in the second quarter. Hsbc Holdings PLC now owns 10,756 shares of the company’s stock valued at $1,099,000 after acquiring an additional 1,487 shares during the last quarter. Sei Investments Co. grew its stake in shares of Whirlpool by 7.8% during the second quarter. Sei Investments Co. now owns 44,793 shares of the company’s stock valued at $4,578,000 after purchasing an additional 3,225 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Whirlpool by 1,010.5% in the second quarter. EverSource Wealth Advisors LLC now owns 422 shares of the company’s stock valued at $43,000 after acquiring an additional 384 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Whirlpool by 240.9% in the 2nd quarter. AQR Capital Management LLC now owns 375,613 shares of the company’s stock valued at $38,125,000 after acquiring an additional 265,418 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Insider Activity

In other Whirlpool news, CFO James W. Peters sold 6,000 shares of the business’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $104.48, for a total transaction of $626,880.00. Following the transaction, the chief financial officer now owns 41,570 shares of the company’s stock, valued at approximately $4,343,233.60. The trade was a 12.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.05% of the company’s stock.

Whirlpool Stock Down 0.5 %

WHR opened at $132.20 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.55 and a current ratio of 0.94. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 13.04 and a beta of 1.44. The firm’s fifty day moving average is $117.96 and its 200 day moving average is $107.89. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $134.54.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.44. The company had revenue of $3.99 billion for the quarter, compared to analysts’ expectations 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 quarter in the prior year, the firm earned $5.45 earnings per share. On average, sell-side analysts forecast that Whirlpool Co. will post 12.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on WHR. The Goldman Sachs Group raised their price objective on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Royal Bank of Canada decreased their price target on Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research note on Friday, October 25th. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Bank of America increased their price objective on Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. increased their price target on Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday, October 29th. Two 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $112.80.

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.