Napatree Capital LLC Purchases 796 Shares of Whirlpool Co. (NYSE:WHR)

Napatree Capital LLC lifted its position in Whirlpool Co. (NYSE:WHR) by 40.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,742 shares of the company’s stock after buying an additional 796 shares during the period. Napatree Capital LLC’s holdings in Whirlpool were worth $314,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC lifted its stake in shares of Whirlpool by 99.0% in the fourth quarter. Private Advisor Group LLC now owns 10,709 shares of the company’s stock worth $1,226,000 after buying an additional 5,328 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Whirlpool by 54.0% during the fourth quarter. Bank of New York Mellon Corp now owns 636,937 shares of the company’s stock valued at $72,917,000 after purchasing an additional 223,232 shares during the period. Delta Financial Group Inc. bought a new position in Whirlpool during the fourth quarter valued at approximately $343,000. First Dallas Securities Inc. raised its position in Whirlpool by 99.4% in the fourth quarter. First Dallas Securities Inc. now owns 8,125 shares of the company’s stock worth $930,000 after acquiring an additional 4,050 shares during the period. Finally, Stifel Financial Corp raised its position in Whirlpool by 1.4% in the third quarter. Stifel Financial Corp now owns 440,175 shares of the company’s stock worth $47,099,000 after acquiring an additional 6,049 shares during the period. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Performance

Whirlpool stock opened at $93.41 on Friday. The company’s 50-day moving average price is $107.04 and its 200-day moving average price is $108.21. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $135.49. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The company has a market cap of $5.17 billion, a PE ratio of -15.94 and a beta of 1.44.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same quarter in the previous year, the firm posted $3.85 earnings per share. On average, equities research analysts forecast that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Friday, February 28th were paid a dividend of $1.75 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.49%. Whirlpool’s dividend payout ratio is presently -119.45%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group increased their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $106.00.

About Whirlpool

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.