Community Financial Services Group LLC trimmed its position in Whirlpool Co. (NYSE:WHR – Free Report) by 21.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,906 shares of the company’s stock after selling 521 shares during the period. Community Financial Services Group LLC’s holdings in Whirlpool were worth $218,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position 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 acquiring an additional 258,871 shares during the period. State Street Corp grew its stake 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 worth $176,591,000 after buying an additional 15,752 shares during the last quarter. HighTower Advisors LLC increased its position in Whirlpool by 1.9% during the 3rd quarter. HighTower Advisors LLC now owns 1,033,263 shares of the company’s stock valued at $110,567,000 after buying an additional 18,936 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Whirlpool by 1.3% in the third 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, Stifel Financial Corp grew its stake in shares of Whirlpool by 1.4% in the third quarter. Stifel Financial Corp now owns 440,175 shares of the company’s stock worth $47,099,000 after acquiring an additional 6,049 shares during the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.
Whirlpool Trading Down 1.0 %
Whirlpool stock opened at $99.55 on Wednesday. The business has a 50-day simple moving average of $117.68 and a two-hundred day simple moving average of $108.24. Whirlpool Co. has a 52-week low of $84.18 and a 52-week high of $135.49. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The company has a market cap of $5.49 billion, a P/E ratio of -16.99 and a beta of 1.43.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on WHR. The Goldman Sachs Group increased their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Royal Bank of Canada decreased their price target on Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a research note on Friday, October 25th. Bank of America lifted their price objective on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. raised their price target 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 analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $112.80.
Get Our Latest Report on Whirlpool
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.
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