Robecosam AG Acquires Shares of 112,916 Whirlpool Corporation (WHR)
Robecosam AG acquired a new position in shares of Whirlpool Corporation (NYSE:WHR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 112,916 shares of the company’s stock, valued at approximately $20,728,000. Whirlpool Corporation accounts for about 1.6% of Robecosam AG’s investment portfolio, making the stock its 15th biggest holding. Robecosam AG owned 0.16% of Whirlpool Corporation as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently bought and sold shares of WHR. Harris Associates L P increased its holdings in shares of Whirlpool Corporation by 12.5% during the 2nd quarter. Harris Associates L P now owns 2,180,839 shares of the company’s stock worth $417,892,000 after purchasing an additional 241,659 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Whirlpool Corporation by 136.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 405,351 shares of the company’s stock worth $77,673,000 after purchasing an additional 233,661 shares during the period. PGGM Investments increased its holdings in shares of Whirlpool Corporation by 283.7% during the 2nd quarter. PGGM Investments now owns 187,319 shares of the company’s stock worth $35,894,000 after purchasing an additional 138,502 shares during the period. Parametric Portfolio Associates LLC increased its holdings in shares of Whirlpool Corporation by 83.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 294,996 shares of the company’s stock worth $56,527,000 after purchasing an additional 134,159 shares during the period. Finally, Diamond Hill Capital Management Inc. increased its holdings in shares of Whirlpool Corporation by 7.1% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,837,517 shares of the company’s stock worth $338,912,000 after purchasing an additional 122,189 shares during the period. Institutional investors own 92.73% of the company’s stock.
Several analysts have recently weighed in on the stock. BidaskClub lowered shares of Whirlpool Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine upgraded shares of Whirlpool Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of Whirlpool Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Credit Suisse Group set a $187.00 target price on shares of Whirlpool Corporation and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Finally, Royal Bank Of Canada lowered shares of Whirlpool Corporation from a “top pick” rating to a “sector perform” rating and decreased their target price for the company from $209.00 to $184.00 in a research report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Whirlpool Corporation currently has an average rating of “Hold” and a consensus target price of $184.67.
Shares of Whirlpool Corporation (NYSE WHR) traded down $2.24 during trading on Friday, hitting $166.64. 889,500 shares of the stock traded hands, compared to its average volume of 846,889. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.55 and a current ratio of 0.90. Whirlpool Corporation has a 1-year low of $158.80 and a 1-year high of $202.99. The firm has a market cap of $11,975.21, a price-to-earnings ratio of 11.89, a P/E/G ratio of 1.68 and a beta of 1.87.
Whirlpool Corporation (NYSE:WHR) last issued its earnings results 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). The business had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.50 billion. Whirlpool Corporation had a net margin of 3.76% and a return on equity of 18.45%. Whirlpool Corporation’s revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $3.66 earnings per share. sell-side analysts predict that Whirlpool Corporation will post 13.7 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be given a $1.10 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $4.40 dividend on an annualized basis and a yield of 2.64%. Whirlpool Corporation’s dividend payout ratio (DPR) is presently 41.47%.
Whirlpool Corporation Company 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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