Whirlpool Corp. (WHR) Shares Bought by Bbva Compass Bancshares Inc.
Bbva Compass Bancshares Inc. boosted its position in shares of Whirlpool Corp. (NYSE:WHR) by 9.6% during the third quarter, Holdings Channel reports. The fund owned 22,766 shares of the company’s stock after buying an additional 2,002 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Whirlpool Corp. were worth $3,692,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. LVM Capital Management Ltd. MI boosted its stake in Whirlpool Corp. by 6.2% in the third quarter. LVM Capital Management Ltd. MI now owns 1,725 shares of the company’s stock worth $240,000 after buying an additional 100 shares during the last quarter. RDL Financial Inc. purchased a new stake in Whirlpool Corp. during the second quarter worth approximately $443,000. Foundry Partners LLC boosted its stake in Whirlpool Corp. by 9.2% in the third quarter. Foundry Partners LLC now owns 36,558 shares of the company’s stock worth $5,928,000 after buying an additional 3,090 shares during the last quarter. Cooke & Bieler LP boosted its stake in Whirlpool Corp. by 11.8% in the second quarter. Cooke & Bieler LP now owns 330,200 shares of the company’s stock worth $55,025,000 after buying an additional 34,940 shares during the last quarter. Finally, CI Investments Inc. purchased a new stake in Whirlpool Corp. during the second quarter worth approximately $81,358,000. 89.98% of the stock is owned by institutional investors.
Whirlpool Corp. (NYSE:WHR) traded down 0.70% during mid-day trading on Wednesday, hitting $162.44. 578,285 shares of the stock were exchanged. Whirlpool Corp. has a 52-week low of $123.60 and a 52-week high of $194.10. The company has a 50 day moving average price of $159.83 and a 200 day moving average price of $171.01. The firm has a market cap of $12.20 billion, a price-to-earnings ratio of 14.20 and a beta of 1.94.
Whirlpool Corp. (NYSE:WHR) last released its quarterly earnings results on Tuesday, October 25th. The company reported $3.66 EPS for the quarter, missing the consensus estimate of $3.88 by $0.22. Whirlpool Corp. had a net margin of 4.31% and a return on equity of 18.64%. The business earned $5.20 billion during the quarter, compared to analysts’ expectations of $5.34 billion. During the same quarter last year, the company earned $3.45 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. On average, analysts anticipate that Whirlpool Corp. will post $14.14 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Friday, November 18th will be given a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $4.00 annualized dividend and a yield of 2.46%. Whirlpool Corp.’s dividend payout ratio (DPR) is 34.93%.
WHR has been the subject of a number of analyst reports. JPMorgan Chase & Co. reissued a “buy” rating and set a $182.00 target price on shares of Whirlpool Corp. in a research report on Thursday, October 27th. Gabelli cut shares of Whirlpool Corp. from a “buy” rating to a “hold” rating in a report on Monday, September 12th. Zacks Investment Research cut shares of Whirlpool Corp. from a “hold” rating to a “sell” rating in a report on Thursday, September 29th. KeyCorp decreased their price target on shares of Whirlpool Corp. from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, MKM Partners cut shares of Whirlpool Corp. from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $215.00 to $176.00 in a report on Monday, October 17th. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Whirlpool Corp. presently has an average rating of “Buy” and a consensus target price of $189.88.
In related news, insider David T. Szczupak sold 10,307 shares of the company’s stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $181.33, for a total value of $1,868,968.31. Following the completion of the sale, the insider now owns 4,807 shares in the company, valued at approximately $871,653.31. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.62% of the stock is currently owned by corporate insiders.
Whirlpool Corp. Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in approximately 15 countries and markets products around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Company’s segments include North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia.
Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Corp. (NYSE:WHR).
Receive News & Ratings for Whirlpool Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool Corp. and related companies with MarketBeat.com's FREE daily email newsletter.