Kiwi Wealth Investments Limited Partnership grew its position in Whirlpool Corporation (NYSE:WHR) by 30.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,778 shares of the company’s stock after purchasing an additional 2,034 shares during the period. Kiwi Wealth Investments Limited Partnership’s holdings in Whirlpool Corporation were worth $1,619,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LLBH Private Wealth Management LLC lifted its stake in Whirlpool Corporation by 0.5% during the second quarter. LLBH Private Wealth Management LLC now owns 1,183 shares of the company’s stock valued at $227,000 after purchasing an additional 6 shares during the last quarter. Savant Capital LLC lifted its position in shares of Whirlpool Corporation by 0.3% in the 2nd quarter. Savant Capital LLC now owns 2,789 shares of the company’s stock valued at $534,000 after acquiring an additional 9 shares in the last quarter. QS Investors LLC lifted its position in shares of Whirlpool Corporation by 0.4% in the 2nd quarter. QS Investors LLC now owns 2,355 shares of the company’s stock valued at $451,000 after acquiring an additional 10 shares in the last quarter. Bollard Group LLC lifted its position in shares of Whirlpool Corporation by 0.6% in the 2nd quarter. Bollard Group LLC now owns 2,170 shares of the company’s stock valued at $416,000 after acquiring an additional 12 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its position in shares of Whirlpool Corporation by 0.3% in the 2nd quarter. CIBC Asset Management Inc now owns 7,118 shares of the company’s stock valued at $1,364,000 after acquiring an additional 21 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Several equities research analysts recently commented on WHR shares. Zacks Investment Research downgraded shares of Whirlpool Corporation from a “hold” rating to a “strong sell” rating in a research report on Friday, October 27th. ValuEngine upgraded shares of Whirlpool Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Royal Bank Of Canada downgraded shares of Whirlpool Corporation from a “top pick” rating to a “sector perform” rating and decreased their price objective for the stock from $209.00 to $184.00 in a report on Tuesday, October 24th. BidaskClub downgraded shares of Whirlpool Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Finally, MKM Partners set a $177.00 price target on shares of Whirlpool Corporation and gave the company a “hold” rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $184.67.

Whirlpool Corporation (NYSE WHR) traded up $0.57 during trading on Thursday, reaching $161.57. 736,700 shares of the company traded hands, compared to its average volume of 846,630. Whirlpool Corporation has a twelve month low of $158.80 and a twelve month high of $202.99. The company has a market cap of $11,610.00, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 1.56 and a beta of 1.87. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 0.65.

Whirlpool Corporation (NYSE:WHR) last released its quarterly earnings data on Monday, October 23rd. The company reported $3.83 earnings per share for the quarter, missing the consensus estimate of $3.90 by ($0.07). Whirlpool Corporation had a return on equity of 18.45% and a net margin of 3.76%. The firm had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.50 billion. During the same period in the previous year, the business earned $3.66 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. research analysts anticipate that Whirlpool Corporation will post 13.7 EPS for the current fiscal year.

Whirlpool Corporation declared that its Board of Directors has authorized a share buyback plan on Wednesday, July 26th that authorizes the company to repurchase $2.35 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 16.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date is Thursday, November 16th. Whirlpool Corporation’s payout ratio is currently 41.51%.

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Whirlpool Corporation Profile

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

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Institutional Ownership by Quarter for Whirlpool Corporation (NYSE:WHR)

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