Illinois Municipal Retirement Fund Sells 27,477 Shares of Whirlpool Co. (NYSE:WHR)

Illinois Municipal Retirement Fund trimmed its position in Whirlpool Co. (NYSE:WHR – Get Rating) by 85.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,787 shares of the company’s stock after selling 27,477 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Whirlpool were worth $645,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in WHR. Acadian Asset Management LLC increased its holdings in shares of Whirlpool by 14.7% in the first quarter. Acadian Asset Management LLC now owns 3,228 shares of the company’s stock worth $557,000 after purchasing an additional 414 shares during the last quarter. MetLife Investment Management LLC increased its holdings in shares of Whirlpool by 19.4% in the first quarter. MetLife Investment Management LLC now owns 16,019 shares of the company’s stock worth $2,768,000 after purchasing an additional 2,599 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Whirlpool by 3.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,894 shares of the company’s stock worth $1,364,000 after purchasing an additional 270 shares during the last quarter. Yousif Capital Management LLC increased its stake in Whirlpool by 2.4% during the first quarter. Yousif Capital Management LLC now owns 11,256 shares of the company’s stock worth $1,945,000 after acquiring an additional 260 shares during the last quarter. Finally, Cibc World Market Inc. increased its stake in Whirlpool by 13.4% during the first quarter. Cibc World Market Inc. now owns 3,677 shares of the company’s stock worth $635,000 after acquiring an additional 435 shares during the last quarter. 92.14% of the stock is owned by institutional investors.

Whirlpool Stock Up 0.4 %

Shares of NYSE WHR opened at $152.73 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.74 and a current ratio of 1.16. The firm has a market capitalization of $8.32 billion, a price-to-earnings ratio of 24.59 and a beta of 1.50. The stock has a 50 day moving average price of $146.52 and a 200 day moving average price of $150.39. Whirlpool Co. has a 52-week low of $124.43 and a 52-week high of $214.10.

Wall Street Analyst Weigh In

WHR has been the topic of several analyst reports. JPMorgan Chase & Co. reduced their price objective on Whirlpool from $145.00 to $137.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 20th. Credit Suisse Group reduced their price objective on Whirlpool to $157.00 in a research note on Thursday, October 20th. The Goldman Sachs Group reissued a “neutral” rating and set a $160.00 price objective on shares of Whirlpool in a research note on Thursday, November 17th. StockNews.com assumed coverage on Whirlpool in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Bank of America cut Whirlpool from a “neutral” rating to an “underperform” rating and cut their target price for the company from $155.00 to $119.00 in a research note on Wednesday, October 26th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, Whirlpool currently has a consensus rating of “Hold” and a consensus price target of $158.00.

About Whirlpool

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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 and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.