MeadowBrook Investment Advisors LLC Sells 1,137 Shares of Whirlpool Co. (NYSE:WHR)

MeadowBrook Investment Advisors LLC lessened its stake in shares of Whirlpool Co. (NYSE:WHR) by 54.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 970 shares of the company’s stock after selling 1,137 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Whirlpool were worth $111,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in WHR. Charles Schwab Investment Management Inc. boosted its stake in Whirlpool by 14.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,019,569 shares of the company’s stock valued at $216,094,000 after purchasing an additional 258,871 shares during the period. Raymond James & Associates raised its holdings in shares of Whirlpool by 335.3% in the 3rd quarter. Raymond James & Associates now owns 188,508 shares of the company’s stock worth $20,170,000 after buying an additional 145,200 shares in the last quarter. Verition Fund Management LLC raised its holdings in shares of Whirlpool by 648.2% in the 3rd quarter. Verition Fund Management LLC now owns 112,141 shares of the company’s stock worth $11,999,000 after buying an additional 97,152 shares in the last quarter. Easterly Investment Partners LLC grew its position in Whirlpool by 95.6% during the 3rd quarter. Easterly Investment Partners LLC now owns 151,157 shares of the company’s stock worth $16,174,000 after acquiring an additional 73,865 shares during the last quarter. Finally, Ibex Wealth Advisors bought a new stake in Whirlpool during the 4th quarter worth approximately $7,275,000. Institutional investors own 90.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WHR. 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 report on Friday, October 25th. The Goldman Sachs Group increased their price objective on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. JPMorgan Chase & Co. increased their price objective on Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Finally, Bank of America increased their price objective on Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $112.80.

Whirlpool Stock Performance

Shares of Whirlpool stock opened at $99.55 on Wednesday. The company has a market capitalization of $5.49 billion, a PE ratio of -16.99 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 current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. The stock’s fifty day simple moving average is $117.68 and its 200 day simple moving average is $108.24.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping the consensus estimate 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 in the prior year, the firm posted $3.85 EPS. On average, research analysts predict that Whirlpool Co. will post 9.51 EPS for the current 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.