Westhampton Capital LLC Boosts Holdings in Whirlpool Co. (NYSE:WHR)

Westhampton Capital LLC raised its stake in shares of Whirlpool Co. (NYSE:WHR) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,790 shares of the company’s stock after buying an additional 375 shares during the quarter. Westhampton Capital LLC’s holdings in Whirlpool were worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ibex Wealth Advisors purchased a new position in Whirlpool during the fourth quarter valued at $7,275,000. KBC Group NV boosted its holdings in shares of Whirlpool by 45.8% during the 4th quarter. KBC Group NV now owns 2,547 shares of the company’s stock valued at $292,000 after purchasing an additional 800 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in shares of Whirlpool during the fourth quarter valued at about $393,000. IVC Wealth Advisors LLC bought a new stake in shares of Whirlpool in the fourth quarter worth about $236,000. Finally, Advisory Alpha LLC lifted its position in shares of Whirlpool by 4.8% in the fourth quarter. Advisory Alpha LLC now owns 2,215 shares of the company’s stock worth $254,000 after buying an additional 102 shares in the last quarter. Institutional investors own 90.78% of the company’s stock.

Whirlpool Price Performance

Whirlpool stock opened at $129.36 on Thursday. The firm has a market capitalization of $7.13 billion, a PE ratio of 12.76 and a beta of 1.44. Whirlpool Co. has a 12-month low of $84.18 and a 12-month high of $135.49. The firm has a 50-day moving average price of $118.85 and a 200-day moving average price of $108.26. The company has a current ratio of 0.94, a quick ratio of 0.55 and a debt-to-equity ratio of 1.94.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.26 by $0.31. Whirlpool had a return on equity of 21.41% and a net margin of 3.19%. During the same quarter last year, the firm earned $3.85 earnings per share. As a group, equities research analysts forecast that Whirlpool Co. will post 12.31 EPS for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on the company. The Goldman Sachs Group lifted their price objective on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Bank of America upped their price target on shares of Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. lifted their price objective on shares of Whirlpool from $103.00 to $109.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. Royal Bank of Canada decreased their target price on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research report on Friday, October 25th. Finally, StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $112.80.

Whirlpool 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.