Strs Ohio Has $1.65 Million Holdings in Whirlpool Co. (NYSE:WHR)
Strs Ohio lessened its holdings in Whirlpool Co. (NYSE:WHR) by 7.3% during the second quarter, HoldingsChannel reports. The fund owned 12,716 shares of the company’s stock after selling 1,004 shares during the quarter. Strs Ohio’s holdings in Whirlpool were worth $1,647,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new stake in Whirlpool in the 4th quarter worth about $4,500,000. Total Clarity Wealth Management Inc. bought a new stake in Whirlpool in the 4th quarter worth about $30,000. Patriot Financial Group Insurance Agency LLC grew its position in Whirlpool by 44.6% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 243 shares of the company’s stock worth $31,000 after purchasing an additional 75 shares in the last quarter. Cordasco Financial Network bought a new stake in Whirlpool in the 2nd quarter worth about $40,000. Finally, Synovus Financial Corp grew its position in shares of Whirlpool by 262.9% during the 1st quarter. Synovus Financial Corp now owns 508 shares of the company’s stock valued at $44,000 after acquiring an additional 368 shares during the period. 97.70% of the stock is owned by institutional investors and hedge funds.
WHR opened at $163.12 on Friday. The company has a 50 day moving average of $135.63 and a 200 day moving average of $125.10. The company has a market cap of $10.14 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of 0.78 and a beta of 1.98. Whirlpool Co. has a 12 month low of $64.00 and a 12 month high of $166.06. The company has a current ratio of 0.98, a quick ratio of 0.71 and a debt-to-equity ratio of 1.43.
Several equities analysts recently commented on the company. Deutsche Bank upped their price objective on Whirlpool from $109.00 to $148.00 in a research note on Friday, July 24th. Royal Bank of Canada reissued a “sell” rating and issued a $110.00 price objective on shares of Whirlpool in a report on Monday, July 20th. Longbow Research boosted their price objective on Whirlpool from $150.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Bank of America increased their target price on shares of Whirlpool from $115.00 to $135.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th. Finally, Zacks Investment Research raised shares of Whirlpool from a “hold” rating to a “strong-buy” rating and set a $191.00 price target on the stock in a research report on Tuesday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Whirlpool has a consensus rating of “Hold” and an average price target of $157.67.
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.
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