WCM Investment Management LLC Takes $452,000 Position in Whirlpool Co. (NYSE:WHR)

WCM Investment Management LLC purchased a new position in shares of Whirlpool Co. (NYSE:WHR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,972 shares of the company’s stock, valued at approximately $452,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Brown Lisle Cummings Inc. purchased a new position in shares of Whirlpool during the fourth quarter worth approximately $27,000. GAMMA Investing LLC grew its position in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after purchasing an additional 210 shares during the last quarter. Legend Financial Advisors Inc. acquired a new position in Whirlpool in the fourth quarter valued at $34,000. HHM Wealth Advisors LLC raised its holdings in shares of Whirlpool by 216.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock valued at $36,000 after buying an additional 216 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of Whirlpool by 56.4% during the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock worth $37,000 after buying an additional 115 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Down 1.1 %

Shares of WHR stock opened at $100.68 on Tuesday. The business’s fifty day moving average price is $117.88 and its 200 day moving average price is $108.24. The firm has a market capitalization of $5.55 billion, a PE ratio of -17.18 and a beta of 1.43. 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 1-year low of $84.18 and a 1-year high of $135.49.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the firm posted $3.85 EPS. As a group, sell-side analysts forecast that Whirlpool Co. will post 9.51 EPS for the current fiscal year.

Analysts Set New Price Targets

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