Flinton Capital Management LLC decreased its stake in Whirlpool Co. (NYSE:WHR) by 57.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,984 shares of the company’s stock after selling 6,748 shares during the period. Flinton Capital Management LLC’s holdings in Whirlpool were worth $532,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of WHR. Oregon Public Employees Retirement Fund boosted its stake in Whirlpool by 9,212.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,303,672 shares of the company’s stock worth $31,000 after purchasing an additional 3,268,195 shares during the period. Massey Quick Simon & CO. LLC acquired a new stake in Whirlpool during the 4th quarter worth $32,000. WealthTrust Arizona LLC acquired a new stake in Whirlpool during the 4th quarter worth $32,000. Rehmann Capital Advisory Group boosted its stake in Whirlpool by 79.7% during the 3rd quarter. Rehmann Capital Advisory Group now owns 309 shares of the company’s stock worth $37,000 after purchasing an additional 137 shares during the period. Finally, Doyle Wealth Management acquired a new stake in Whirlpool during the 4th quarter worth $52,000. Hedge funds and other institutional investors own 92.77% of the company’s stock.

In other news, Director Michael F. Johnston sold 2,845 shares of the firm’s stock in a transaction on Friday, February 1st. The shares were sold at an average price of $133.54, for a total value of $379,921.30. Following the completion of the sale, the director now owns 6,550 shares in the company, valued at approximately $874,687. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.91% of the stock is currently owned by company insiders.

A number of analysts recently weighed in on the stock. Royal Bank of Canada cut shares of Whirlpool from a “sector perform” rating to an “underperform” rating and set a $134.60 price target for the company. in a research note on Wednesday, January 30th. Raymond James cut shares of Whirlpool from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 30th. Zacks Investment Research cut shares of Whirlpool from a “buy” rating to a “hold” rating in a research note on Saturday, January 19th. Buckingham Research assumed coverage on shares of Whirlpool in a research note on Wednesday, January 23rd. They set a “neutral” rating and a $135.00 price target for the company. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $125.00 price target on shares of Whirlpool in a research note on Wednesday, November 28th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company. Whirlpool has an average rating of “Hold” and an average price target of $146.40.

WHR stock opened at $140.07 on Friday. Whirlpool Co. has a one year low of $99.40 and a one year high of $167.54. The firm has a market capitalization of $8.97 billion, a PE ratio of 9.24, a PEG ratio of 1.99 and a beta of 1.63. The company has a quick ratio of 0.55, a current ratio of 0.82 and a debt-to-equity ratio of 1.26.

Whirlpool (NYSE:WHR) last released its earnings results on Monday, January 28th. The company reported $4.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $4.30 by $0.45. Whirlpool had a negative net margin of 0.87% and a positive return on equity of 27.24%. The company had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.76 billion. During the same quarter last year, the business earned $4.10 EPS. The business’s revenue was down .7% on a year-over-year basis. As a group, research analysts expect that Whirlpool Co. will post 14.66 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be paid a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, February 28th. Whirlpool’s dividend payout ratio (DPR) is presently 30.34%.

ILLEGAL ACTIVITY WARNING: “Whirlpool Co. (WHR) Shares Sold by Flinton Capital Management LLC” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.thecerbatgem.com/2019/03/15/whirlpool-co-whr-shares-sold-by-flinton-capital-management-llc.html.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

Featured Article: What is a Reverse Stock Split?

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.