Teacher Retirement System of Texas Purchases 1,195 Shares of Whirlpool Co. (NYSE:WHR)

Teacher Retirement System of Texas raised its position in Whirlpool Co. (NYSE:WHR) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,164 shares of the company’s stock after purchasing an additional 1,195 shares during the quarter. Teacher Retirement System of Texas’ holdings in Whirlpool were worth $1,164,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Whirlpool in the 4th quarter valued at approximately $34,719,000. Bank of New York Mellon Corp lifted its holdings in shares of Whirlpool by 54.0% during the fourth quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company’s stock worth $72,917,000 after purchasing an additional 223,232 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Whirlpool by 4.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,118,013 shares of the company’s stock worth $242,470,000 after purchasing an additional 98,444 shares during the last quarter. Verition Fund Management LLC increased its holdings in Whirlpool by 648.2% in the third quarter. Verition Fund Management LLC now owns 112,141 shares of the company’s stock valued at $11,999,000 after purchasing an additional 97,152 shares during the period. Finally, Ibex Wealth Advisors bought a new position in Whirlpool during the 4th quarter worth $7,275,000. 90.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Whirlpool Trading Down 3.7 %

NYSE WHR opened at $89.58 on Friday. The stock has a market capitalization of $4.96 billion, a P/E ratio of -15.29 and a beta of 1.44. The business has a 50 day simple moving average of $103.65 and a 200 day simple moving average of $108.05. 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 one year low of $84.18 and a one year high of $135.49.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, beating 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 last year, the company posted $3.85 earnings per share. Research analysts expect that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Friday, February 28th were issued a $1.75 dividend. The ex-dividend date was Friday, February 28th. This represents a $7.00 annualized dividend and a yield of 7.81%. Whirlpool’s payout ratio is currently -119.45%.

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.