Whirlpool Co. (NYSE:WHR) Shares Bought by Personal CFO Solutions LLC

Personal CFO Solutions LLC lifted its stake in shares of Whirlpool Co. (NYSE:WHR) by 3.1% during the second quarter, HoldingsChannel.com reports. The firm owned 4,499 shares of the company’s stock after purchasing an additional 136 shares during the period. Personal CFO Solutions LLC’s holdings in Whirlpool were worth $669,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in WHR. Meiji Yasuda Asset Management Co Ltd. increased its holdings in Whirlpool by 3.6% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,719 shares of the company’s stock valued at $266,000 after buying an additional 60 shares in the last quarter. Viking Fund Management LLC increased its stake in Whirlpool by 0.3% in the 2nd quarter. Viking Fund Management LLC now owns 27,070 shares of the company’s stock valued at $4,028,000 after purchasing an additional 70 shares in the last quarter. Parallel Advisors LLC increased its stake in Whirlpool by 52.9% in the 2nd quarter. Parallel Advisors LLC now owns 211 shares of the company’s stock valued at $31,000 after purchasing an additional 73 shares in the last quarter. Assetmark Inc. raised its holdings in Whirlpool by 8.9% during the first quarter. Assetmark Inc. now owns 968 shares of the company’s stock worth $128,000 after purchasing an additional 79 shares during the last quarter. Finally, RKL Wealth Management LLC boosted its position in Whirlpool by 1.4% during the second quarter. RKL Wealth Management LLC now owns 6,561 shares of the company’s stock worth $976,000 after purchasing an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 90.89% of the company’s stock.

Whirlpool Stock Performance

NYSE:WHR opened at $112.49 on Friday. The company has a debt-to-equity ratio of 2.83, a current ratio of 0.87 and a quick ratio of 0.53. The firm has a market cap of $6.17 billion, a PE ratio of -3.81, a P/E/G ratio of 0.90 and a beta of 1.58. The firm has a 50 day simple moving average of $123.22 and a 200-day simple moving average of $134.89. Whirlpool Co. has a 1-year low of $98.40 and a 1-year high of $160.74.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $4.38 by $1.07. Whirlpool had a positive return on equity of 38.84% and a negative net margin of 8.38%. The company had revenue of $4.93 billion during the quarter, compared to the consensus estimate of $4.79 billion. During the same period in the previous year, the firm posted $4.49 EPS. Whirlpool’s revenue was up 2.8% on a year-over-year basis. On average, equities analysts expect that Whirlpool Co. will post 15.99 EPS for the current year.

Whirlpool Dividend Announcement

The firm 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 $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date is Thursday, November 16th. Whirlpool’s payout ratio is -23.70%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Longbow Research downgraded Whirlpool from a “buy” rating to a “neutral” rating in a research note on Friday, October 27th. StockNews.com started coverage on shares of Whirlpool in a research report on Thursday, October 5th. They set a “hold” rating for the company. Credit Suisse Group reiterated a “neutral” rating and issued a $150.00 price target on shares of Whirlpool in a research report on Tuesday, July 25th. TheStreet downgraded Whirlpool from a “c” rating to a “d+” rating in a research report on Wednesday, October 25th. Finally, Royal Bank of Canada lowered their target price on Whirlpool from $121.00 to $92.00 and set an “underperform” rating on the stock in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $125.20.

Whirlpool Profile

Whirlpool Corporation manufactures and markets home appliances and related products and services in 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.