Fox Run Management L.L.C. Makes New $408,000 Investment in Whirlpool Co. (NYSE:WHR)

Fox Run Management L.L.C. purchased a new stake in Whirlpool Co. (NYSE:WHR) during the fourth quarter, Holdings Channel.com reports. The firm purchased 3,562 shares of the company’s stock, valued at approximately $408,000.

Several other large investors have also recently made changes to their positions in WHR. Charles Schwab Investment Management Inc. grew its stake in Whirlpool by 4.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,118,013 shares of the company’s stock valued at $242,470,000 after purchasing an additional 98,444 shares during the last quarter. State Street Corp boosted its holdings in shares of Whirlpool by 1.0% in the 3rd quarter. State Street Corp now owns 1,650,386 shares of the company’s stock valued at $176,591,000 after buying an additional 15,752 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Whirlpool by 1.9% in the 3rd quarter. HighTower Advisors LLC now owns 1,033,263 shares of the company’s stock worth $110,567,000 after buying an additional 18,936 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Whirlpool by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 903,166 shares of the company’s stock worth $96,664,000 after acquiring an additional 11,766 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Whirlpool by 54.0% during the fourth quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company’s stock valued at $72,917,000 after acquiring an additional 223,232 shares during the last quarter. 90.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on WHR. The Goldman Sachs Group lifted 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. 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 given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $106.00.

Whirlpool Trading Up 0.0 %

Shares of Whirlpool stock opened at $93.87 on Thursday. The firm’s 50 day simple moving average is $105.18 and its two-hundred day simple moving average is $108.13. The firm has a market capitalization of $5.20 billion, a price-to-earnings ratio of -16.02 and a beta of 1.44. 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.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the business posted $3.85 EPS. Analysts predict that Whirlpool Co. will post 9.52 EPS for the current year.

Whirlpool Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Friday, February 28th were given a $1.75 dividend. The ex-dividend date was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a yield of 7.46%. Whirlpool’s dividend 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.