Truffle Hound Capital LLC Takes Position in Whirlpool Co. (NYSE:WHR)

Truffle Hound Capital LLC acquired a new stake in Whirlpool Co. (NYSE:WHR) during the 4th quarter, Holdings Channel reports. The firm acquired 40,000 shares of the company’s stock, valued at approximately $4,579,000. Whirlpool comprises approximately 1.6% of Truffle Hound Capital LLC’s portfolio, making the stock its 18th largest position.

Other large investors have also made changes to their positions in the company. Brown Lisle Cummings Inc. purchased a new position in shares of Whirlpool in the fourth quarter valued at about $27,000. SBI Securities Co. Ltd. purchased a new stake in shares of Whirlpool in the fourth quarter worth about $30,000. GAMMA Investing LLC lifted its position in shares of Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after buying an additional 210 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of Whirlpool by 113.6% in the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock worth $32,000 after buying an additional 150 shares in the last quarter. Finally, Legend Financial Advisors Inc. purchased a new stake in shares of Whirlpool in the fourth quarter worth about $34,000. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. StockNews.com upgraded Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. The Goldman Sachs Group boosted their target price on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Two equities 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $106.00.

Whirlpool Trading Down 0.8 %

Shares of WHR stock opened at $93.41 on Friday. Whirlpool Co. has a 1 year low of $84.18 and a 1 year high of $135.49. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The stock’s 50 day simple moving average is $107.04 and its two-hundred day simple moving average is $108.14. The company has a market cap of $5.17 billion, a PE ratio of -15.94 and a beta of 1.44.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 earned $3.85 EPS. Research analysts predict that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were paid a dividend of $1.75 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.49%. Whirlpool’s dividend payout ratio is -119.45%.

Whirlpool 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.