Alpine Woods Capital Investors LLC held its position in Whirlpool Corporation (NYSE:WHR) during the second quarter, Holdings Channel reports. The fund owned 85,200 shares of the company’s stock at the end of the second quarter. Whirlpool Corporation comprises approximately 0.9% of Alpine Woods Capital Investors LLC’s portfolio, making the stock its 29th largest position. Alpine Woods Capital Investors LLC’s holdings in Whirlpool Corporation were worth $16,326,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Macquarie Group Ltd. boosted its position in Whirlpool Corporation by 72.0% in the fourth quarter. Macquarie Group Ltd. now owns 4,300 shares of the company’s stock valued at $782,000 after buying an additional 1,800 shares during the period. Chevy Chase Trust Holdings Inc. boosted its position in Whirlpool Corporation by 2.6% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 65,116 shares of the company’s stock valued at $11,157,000 after buying an additional 1,631 shares during the period. Gulf International Bank UK Ltd boosted its position in Whirlpool Corporation by 1.2% in the first quarter. Gulf International Bank UK Ltd now owns 23,001 shares of the company’s stock valued at $3,940,000 after buying an additional 270 shares during the period. National Pension Service boosted its position in Whirlpool Corporation by 11.0% in the first quarter. National Pension Service now owns 73,548 shares of the company’s stock valued at $12,514,000 after buying an additional 7,307 shares during the period. Finally, Bank of Montreal Can boosted its position in Whirlpool Corporation by 6.9% in the first quarter. Bank of Montreal Can now owns 98,024 shares of the company’s stock valued at $16,795,000 after buying an additional 6,347 shares during the period. Hedge funds and other institutional investors own 94.84% of the company’s stock.

Shares of Whirlpool Corporation (NYSE WHR) opened at 171.24 on Friday. The company has a market cap of $12.50 billion, a PE ratio of 17.14 and a beta of 1.79. Whirlpool Corporation has a 12 month low of $145.91 and a 12 month high of $202.99. The firm’s 50 day moving average is $186.34 and its 200 day moving average is $180.96.

Whirlpool Corporation (NYSE:WHR) last announced its earnings results on Wednesday, July 26th. The company reported $3.35 earnings per share for the quarter, missing analysts’ consensus estimates of $3.54 by $0.19. Whirlpool Corporation had a return on equity of 18.17% and a net margin of 3.61%. The firm had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same period in the prior year, the business earned $3.50 EPS. Whirlpool Corporation’s quarterly revenue was up 2.9% on a year-over-year basis. On average, equities analysts predict that Whirlpool Corporation will post $14.63 earnings per share for the current year.

Whirlpool Corporation declared that its Board of Directors has authorized a share repurchase program on Wednesday, July 26th that permits the company to buyback $2.35 billion in shares. This buyback authorization permits the company to buy up to 16.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

WARNING: “Alpine Woods Capital Investors LLC Continues to Hold Stake in Whirlpool Corporation (NYSE:WHR)” was first posted by Daily Political and is owned by of Daily Political. If you are reading this piece on another publication, it was copied illegally and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/08/13/alpine-woods-capital-investors-llc-continues-to-hold-stake-in-whirlpool-corporation-nysewhr.html.

Several research analysts recently weighed in on WHR shares. Zacks Investment Research cut shares of Whirlpool Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, April 19th. Royal Bank Of Canada restated a “buy” rating and issued a $216.00 price objective on shares of Whirlpool Corporation in a research report on Friday, June 2nd. Credit Suisse Group started coverage on shares of Whirlpool Corporation in a research report on Thursday, June 22nd. They issued a “neutral” rating and a $208.00 price objective for the company. Finally, BidaskClub cut shares of Whirlpool Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Six analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $194.71.

In other news, Director William D. Perez bought 1,000 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average price of $176.93 per share, with a total value of $176,930.00. Following the completion of the purchase, the director now directly owns 7,239 shares of the company’s stock, valued at $1,280,796.27. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.69% of the stock is owned by company insiders.

About Whirlpool Corporation

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corporation (NYSE:WHR).

Institutional Ownership by Quarter for Whirlpool Corporation (NYSE:WHR)

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