Whirlpool Co. (NYSE:WHR) Shares Purchased by Quadrature Capital Ltd

Quadrature Capital Ltd grew its position in shares of Whirlpool Co. (NYSE:WHR) by 61.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,674 shares of the company’s stock after purchasing an additional 9,729 shares during the period. Quadrature Capital Ltd’s holdings in Whirlpool were worth $3,071,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Primecap Management Co. CA boosted its position in Whirlpool by 0.6% during the fourth quarter. Primecap Management Co. CA now owns 4,729,936 shares of the company’s stock worth $575,964,000 after acquiring an additional 26,630 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Whirlpool by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,425,552 shares of the company’s stock valued at $173,589,000 after purchasing an additional 14,826 shares during the period. International Assets Investment Management LLC increased its stake in Whirlpool by 3,554.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,382,430 shares of the company’s stock valued at $168,339,000 after purchasing an additional 1,344,601 shares during the last quarter. Newport Trust Company LLC lifted its position in Whirlpool by 9.8% during the fourth quarter. Newport Trust Company LLC now owns 1,169,039 shares of the company’s stock worth $142,354,000 after buying an additional 103,909 shares during the period. Finally, Cooke & Bieler LP grew its holdings in Whirlpool by 11.3% in the 4th quarter. Cooke & Bieler LP now owns 780,840 shares of the company’s stock valued at $95,083,000 after buying an additional 79,212 shares during the period. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Stock Down 2.0 %

Shares of NYSE:WHR traded down $2.04 during midday trading on Friday, hitting $99.53. 1,072,848 shares of the company’s stock traded hands, compared to its average volume of 1,104,422. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $148.50. The company has a market cap of $5.44 billion, a PE ratio of 13.71 and a beta of 1.44. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.58 and a current ratio of 0.96. The firm’s fifty day moving average price is $96.07 and its two-hundred day moving average price is $103.62.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $2.39 EPS for the quarter, hitting analysts’ consensus estimates of $2.39. Whirlpool had a return on equity of 27.67% and a net margin of 2.89%. The company had revenue of $3.99 billion for the quarter, compared to analysts’ expectations of $3.96 billion. During the same quarter in the previous year, the firm posted $4.21 earnings per share. The firm’s quarterly revenue was down 16.8% on a year-over-year basis. On average, equities research analysts anticipate that Whirlpool Co. will post 12 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on WHR. Royal Bank of Canada dropped their price target on shares of Whirlpool from $79.00 to $76.00 and set an “underperform” rating for the company in a research report on Friday. StockNews.com lowered Whirlpool from a “buy” rating to a “hold” rating in a research report on Friday, April 26th. Finally, Bank of America boosted their price target on Whirlpool from $63.00 to $75.00 in a research report on Friday, May 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $100.50.

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.