Whirlpool Co. (NYSE:WHR) Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue reduced its holdings in shares of Whirlpool Co. (NYSE:WHR) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,297 shares of the company’s stock after selling 100 shares during the quarter. State of Alaska Department of Revenue’s holdings in Whirlpool were worth $720,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Westside Investment Management Inc. boosted its stake in Whirlpool by 4.5% during the 3rd quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock valued at $251,000 after acquiring an additional 100 shares during the last quarter. Advisory Alpha LLC lifted its position in shares of Whirlpool by 4.8% during the fourth quarter. Advisory Alpha LLC now owns 2,215 shares of the company’s stock worth $254,000 after purchasing an additional 102 shares during the last quarter. Courier Capital LLC grew its stake in Whirlpool by 0.4% in the fourth quarter. Courier Capital LLC now owns 26,354 shares of the company’s stock worth $3,017,000 after purchasing an additional 107 shares in the last quarter. UMB Bank n.a. grew its stake in Whirlpool by 56.4% in the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock worth $37,000 after purchasing an additional 115 shares in the last quarter. Finally, Rockland Trust Co. increased its holdings in Whirlpool by 1.4% in the fourth quarter. Rockland Trust Co. now owns 8,311 shares of the company’s stock valued at $951,000 after buying an additional 118 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company’s stock.

Analyst Ratings Changes

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

Whirlpool Stock Up 2.4 %

WHR opened at $103.98 on Friday. 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 Co. has a 12 month low of $84.18 and a 12 month high of $135.49. The stock’s 50 day moving average price is $117.10 and its 200 day moving average price is $108.12. The stock has a market cap of $5.73 billion, a P/E ratio of -17.74 and a beta of 1.43.

Whirlpool (NYSE:WHR) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, topping the consensus estimate of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period in the prior year, the company earned $3.85 earnings per share. As a group, research analysts predict that Whirlpool Co. will post 9.51 earnings per share for the current year.

About Whirlpool

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.