3,000 Shares in Whirlpool Co. (NYSE:WHR) Purchased by Delta Financial Group Inc.

Delta Financial Group Inc. purchased a new position in Whirlpool Co. (NYSE:WHR) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,000 shares of the company’s stock, valued at approximately $343,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brown Lisle Cummings Inc. bought a new stake in shares of Whirlpool in the 4th quarter worth approximately $27,000. GAMMA Investing LLC increased its holdings in shares of Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after buying an additional 210 shares in the last quarter. Bogart Wealth LLC increased its holdings in shares of Whirlpool by 113.6% in the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock valued at $32,000 after buying an additional 150 shares in the last quarter. Legend Financial Advisors Inc. acquired a new stake in shares of Whirlpool during the 4th quarter valued at $34,000. Finally, HHM Wealth Advisors LLC boosted its stake in shares of Whirlpool by 216.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock worth $36,000 after acquiring an additional 216 shares in the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on WHR shares. JPMorgan Chase & Co. raised their target price on shares of Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a report on Tuesday, October 29th. The Goldman Sachs Group lifted their price target on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Finally, StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Whirlpool presently has a consensus rating of “Hold” and an average target price of $106.00.

Whirlpool Stock Down 1.2 %

WHR stock opened at $104.82 on Monday. The company has a 50 day moving average of $115.06 and a two-hundred day moving average of $108.50. The company has a market cap of $5.80 billion, a price-to-earnings ratio of -17.89 and a beta of 1.43. Whirlpool Co. has a 12-month low of $84.18 and a 12-month high of $135.49. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share for the quarter, topping analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period in the prior year, the firm earned $3.85 EPS. On average, equities analysts anticipate that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.75 per share. The ex-dividend date is Friday, February 28th. This represents a $7.00 annualized dividend and a dividend yield of 6.68%. Whirlpool’s dividend payout ratio is -119.45%.

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.