Providence Capital Advisors LLC Buys 218 Shares of Whirlpool Co. (NYSE:WHR)

Providence Capital Advisors LLC lifted its holdings in Whirlpool Co. (NYSE:WHR) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,262 shares of the company’s stock after acquiring an additional 218 shares during the period. Providence Capital Advisors LLC’s holdings in Whirlpool were worth $2,663,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Whirlpool by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 5,536,118 shares of the company’s stock worth $633,775,000 after acquiring an additional 33,326 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Whirlpool by 4.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,118,013 shares of the company’s stock valued at $242,470,000 after purchasing an additional 98,444 shares during the last quarter. State Street Corp boosted its holdings in Whirlpool by 1.0% in the 3rd quarter. State Street Corp now owns 1,650,386 shares of the company’s stock worth $176,591,000 after buying an additional 15,752 shares during the period. HighTower Advisors LLC raised its stake in shares of Whirlpool by 1.9% during the 3rd quarter. HighTower Advisors LLC now owns 1,033,263 shares of the company’s stock valued at $110,567,000 after purchasing an additional 18,936 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Whirlpool by 1.3% in the third quarter. Geode Capital Management LLC now owns 903,166 shares of the company’s stock worth $96,664,000 after buying an additional 11,766 shares in the last quarter. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Stock Down 1.1 %

WHR stock opened at $92.88 on Friday. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $135.49. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of -15.85 and a beta of 1.44. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72. The business’s 50 day moving average price is $104.46 and its two-hundred day moving average price is $108.03.

Whirlpool (NYSE:WHR) last released its quarterly earnings data 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 positive return on equity of 21.89% and a negative net margin of 1.95%. During the same period in the previous year, the firm posted $3.85 EPS. As a group, analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were given a dividend of $1.75 per share. The ex-dividend date was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.54%. Whirlpool’s payout ratio is -119.45%.

Analyst Upgrades and Downgrades

WHR has been the subject of several research analyst reports. The Goldman Sachs Group lifted their price objective on Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $106.00.

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.