Marshall Wace North America L.P. Buys Shares of 3,822 Whirlpool Co. (NYSE:WHR)

Marshall Wace North America L.P. acquired a new position in shares of Whirlpool Co. (NYSE:WHR) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,822 shares of the company’s stock, valued at approximately $508,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Murphy Pohlad Asset Management LLC bought a new stake in Whirlpool during the fourth quarter valued at approximately $26,000. Penserra Capital Management LLC bought a new stake in Whirlpool during the first quarter valued at approximately $27,000. Truvestments Capital LLC bought a new stake in Whirlpool during the first quarter valued at approximately $28,000. CSat Investment Advisory L.P. lifted its holdings in shares of Whirlpool by 51.0% in the 4th quarter. CSat Investment Advisory L.P. now owns 305 shares of the company’s stock worth $33,000 after acquiring an additional 103 shares during the last quarter. Finally, Financial Advocates Investment Management lifted its holdings in shares of Whirlpool by 217.4% in the 4th quarter. Financial Advocates Investment Management now owns 146 shares of the company’s stock worth $35,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 94.26% of the company’s stock.

A number of research firms recently commented on WHR. Longbow Research raised shares of Whirlpool from a “neutral” rating to a “buy” rating and set a $178.00 price objective on the stock in a research report on Friday, May 10th. Buckingham Research reduced their price objective on shares of Wells Fargo & Co from $53.00 to $47.00 and set a “neutral” rating on the stock in a research report on Wednesday. Zacks Investment Research raised shares of Zymeworks from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research report on Saturday, April 27th. Finally, ValuEngine raised shares of China Southern Airlines from a “sell” rating to a “hold” rating in a research report on Tuesday, June 11th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $140.09.

Whirlpool stock traded up $1.18 during mid-day trading on Thursday, reaching $150.38. The stock had a trading volume of 859,700 shares, compared to its average volume of 821,864. The firm has a market cap of $9.41 billion, a P/E ratio of 9.92, a price-to-earnings-growth ratio of 1.89 and a beta of 1.80. The company’s 50-day moving average price is $137.31. Whirlpool Co. has a one year low of $99.40 and a one year high of $154.79. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.83 and a quick ratio of 0.53.

Whirlpool (NYSE:WHR) last posted its earnings results on Monday, April 22nd. The company reported $3.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.04 by $0.07. Whirlpool had a net margin of 0.93% and a return on equity of 30.17%. The business had revenue of $4.76 billion for the quarter, compared to analysts’ expectations of $4.83 billion. During the same quarter in the prior year, the business earned $2.81 EPS. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. On average, analysts forecast that Whirlpool Co. will post 14.71 EPS for the current year.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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