Whirlpool (NYSE:WHR) Stock Price Down 3.2%

Shares of Whirlpool Co. (NYSE:WHR) were down 3.2% during trading on Friday . The company traded as low as $218.80 and last traded at $219.48. Approximately 1,473 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 566,691 shares. The stock had previously closed at $226.77.

Several research firms recently commented on WHR. Bank of America cut their target price on Whirlpool from $250.00 to $240.00 and set a “neutral” rating for the company in a research report on Monday, October 25th. Royal Bank of Canada cut Whirlpool from a “sector perform” rating to an “underperform” rating and decreased their target price for the company from $208.00 to $190.00 in a research note on Monday, October 25th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $227.23.

The stock has a market capitalization of $13.06 billion, a P/E ratio of 7.26, a PEG ratio of 1.08 and a beta of 1.75. The company has a quick ratio of 0.83, a current ratio of 1.17 and a debt-to-equity ratio of 0.97. The firm has a 50 day simple moving average of $228.22 and a two-hundred day simple moving average of $220.28.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, October 20th. The company reported $6.68 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $6.15 by $0.53. Whirlpool had a return on equity of 34.36% and a net margin of 9.02%. The company had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.65 billion. During the same period last year, the business posted $6.91 EPS. On average, research analysts predict that Whirlpool Co. will post 26.38 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 15th. Stockholders of record on Friday, November 19th were given a dividend of $1.40 per share. The ex-dividend date was Thursday, November 18th. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.60%. Whirlpool’s dividend payout ratio (DPR) is currently 17.93%.

In other news, Director Gary T. Dicamillo sold 1,000 shares of the stock in a transaction that occurred on Monday, November 1st. The shares were sold at an average price of $211.67, for a total transaction of $211,670.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.35% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in WHR. Berman Capital Advisors LLC grew its position in shares of Whirlpool by 63.7% in the 2nd quarter. Berman Capital Advisors LLC now owns 167 shares of the company’s stock worth $36,000 after buying an additional 65 shares during the last quarter. Kozak & Associates Inc. acquired a new position in Whirlpool during the third quarter worth $46,000. Denali Advisors LLC purchased a new stake in shares of Whirlpool during the third quarter worth $41,000. Total Clarity Wealth Management Inc. purchased a new stake in shares of Whirlpool during the third quarter worth $41,000. Finally, Koshinski Asset Management Inc. purchased a new stake in shares of Whirlpool in the third quarter valued at about $54,000. Hedge funds and other institutional investors own 94.24% of the company’s stock.

Whirlpool Company Profile (NYSE:WHR)

Whirlpool Corp. engages in manufacturing and marketing of home appliances. Its products include home laundry appliances, refrigerators and freezers, cooking appliances, home dishwashers, and room air-conditioning equipment, mixers, and portable household appliances. The company’s brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, and Indesit.

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