Duality Advisers LP Acquires Shares of 13,466 Whirlpool Co. (NYSE:WHR)

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Duality Advisers LP bought a new position in Whirlpool Co. (NYSE:WHR) in the 2nd quarter, Holdings Channel.com reports. The firm bought 13,466 shares of the company’s stock, valued at approximately $1,744,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC purchased a new stake in Whirlpool during the first quarter valued at about $82,574,000. Norges Bank acquired a new stake in Whirlpool during the 4th quarter worth approximately $97,260,000. Oppenheimer Asset Management Inc. raised its holdings in Whirlpool by 5,674.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 287,242 shares of the company’s stock valued at $24,645,000 after buying an additional 282,268 shares during the period. Ziegler Capital Management LLC acquired a new position in Whirlpool during the first quarter valued at approximately $19,989,000. Finally, Nuveen Asset Management LLC grew its stake in Whirlpool by 34.6% during the first quarter. Nuveen Asset Management LLC now owns 500,366 shares of the company’s stock worth $42,931,000 after buying an additional 128,645 shares during the period. Institutional investors own 97.70% of the company’s stock.

Shares of NYSE WHR opened at $163.12 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.98 and a debt-to-equity ratio of 1.43. The firm’s 50-day moving average price is $135.63 and its two-hundred day moving average price is $125.10. Whirlpool Co. has a 52-week low of $64.00 and a 52-week high of $166.06. The stock has a market capitalization of $10.14 billion, a P/E ratio of 12.50, a P/E/G ratio of 0.78 and a beta of 1.98.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $1.15. The business had revenue of $4.04 billion for the quarter, compared to analysts’ expectations of $3.57 billion. Whirlpool had a return on equity of 22.08% and a net margin of 4.42%. During the same period in the prior year, the firm earned $4.01 EPS. As a group, equities research analysts expect that Whirlpool Co. will post 12.5 earnings per share for the current year.

A number of brokerages recently weighed in on WHR. Credit Suisse Group upped their price target on shares of Whirlpool from $103.00 to $128.00 and gave the stock an “underperform” rating in a research report on Friday, July 24th. Longbow Research lifted their price target on shares of Whirlpool from $150.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Deutsche Bank upped their price objective on shares of Whirlpool from $109.00 to $148.00 in a research report on Friday, July 24th. JPMorgan Chase & Co. raised their target price on Whirlpool from $158.00 to $192.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Finally, Royal Bank of Canada reissued a “sell” rating and issued a $110.00 price target on shares of Whirlpool in a report on Monday, July 20th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Whirlpool presently has a consensus rating of “Hold” and an average target price of $157.67.

Whirlpool Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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