Savant Capital LLC Sells 696 Shares of Whirlpool Co. (NYSE:WHR)

Savant Capital LLC decreased its stake in shares of Whirlpool Co. (NYSE:WHR) by 20.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,640 shares of the company’s stock after selling 696 shares during the period. Savant Capital LLC’s holdings in Whirlpool were worth $321,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC increased its holdings in shares of Whirlpool by 3,554.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,382,430 shares of the company’s stock valued at $168,339,000 after purchasing an additional 1,344,601 shares in the last quarter. Boston Partners lifted its stake in shares of Whirlpool by 59.7% during the third quarter. Boston Partners now owns 2,473,047 shares of the company’s stock valued at $328,804,000 after acquiring an additional 924,128 shares during the period. Invesco Ltd. boosted its holdings in Whirlpool by 38.3% in the third quarter. Invesco Ltd. now owns 1,954,344 shares of the company’s stock valued at $261,296,000 after acquiring an additional 541,219 shares during the last quarter. Stifel Financial Corp lifted its position in Whirlpool by 689.8% during the 3rd quarter. Stifel Financial Corp now owns 454,303 shares of the company’s stock valued at $60,741,000 after purchasing an additional 396,782 shares during the period. Finally, LPL Financial LLC grew its position in shares of Whirlpool by 339.6% during the 3rd quarter. LPL Financial LLC now owns 132,042 shares of the company’s stock worth $17,654,000 after buying an additional 102,008 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Price Performance

WHR stock opened at $95.20 on Tuesday. The stock has a market cap of $5.20 billion, a PE ratio of 13.11 and a beta of 1.52. The stock has a 50-day moving average price of $107.43 and a two-hundred day moving average price of $111.22. Whirlpool Co. has a 1 year low of $91.90 and a 1 year high of $160.62. The company has a current ratio of 0.95, a quick ratio of 0.58 and a debt-to-equity ratio of 2.56.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, April 24th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.61 by $0.17. Whirlpool had a return on equity of 35.16% and a net margin of 2.07%. The firm had revenue of $4.49 billion for the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the previous year, the business posted $2.66 EPS. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. Equities analysts forecast that Whirlpool Co. will post 12.53 EPS for the current fiscal year.

Whirlpool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be given a dividend of $1.75 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $7.00 annualized dividend and a yield of 7.35%. Whirlpool’s dividend payout ratio (DPR) is presently 96.42%.

Analysts Set New Price Targets

WHR has been the topic of a number of recent research reports. Loop Capital started coverage on shares of Whirlpool in a research note on Thursday, February 22nd. They issued a “buy” rating and a $140.00 price objective on the stock. TheStreet raised Whirlpool from a “d+” rating to a “c+” rating in a research note on Monday, January 29th. StockNews.com lowered Whirlpool from a “buy” rating to a “hold” rating in a research report on Friday, April 26th. JPMorgan Chase & Co. reduced their price objective on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating on the stock in a research note on Friday, February 2nd. Finally, Royal Bank of Canada cut their target price on shares of Whirlpool from $85.00 to $79.00 and set an “underperform” rating on the stock in a report on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $113.40.

Whirlpool Company Profile

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