Bbva Compass Bancshares Inc. decreased its stake in Whirlpool Co. (NYSE:WHR) by 28.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 17,753 shares of the company’s stock after selling 7,072 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Whirlpool were worth $2,994,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in the company. Boyd Watterson Asset Management LLC OH boosted its holdings in shares of Whirlpool by 5.3% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 5,968 shares of the company’s stock worth $1,006,000 after purchasing an additional 301 shares during the period. Sheaff Brock Investment Advisors LLC boosted its holdings in shares of Whirlpool by 1.0% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 31,992 shares of the company’s stock worth $5,395,000 after purchasing an additional 313 shares during the period. Norinchukin Bank The boosted its holdings in shares of Whirlpool by 5.8% in the 4th quarter. Norinchukin Bank The now owns 5,746 shares of the company’s stock worth $969,000 after purchasing an additional 315 shares during the period. Commonwealth Equity Services Inc boosted its holdings in shares of Whirlpool by 5.3% in the 3rd quarter. Commonwealth Equity Services Inc now owns 6,285 shares of the company’s stock worth $1,159,000 after purchasing an additional 317 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its holdings in shares of Whirlpool by 3.8% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 8,929 shares of the company’s stock worth $1,623,000 after purchasing an additional 323 shares during the period. Hedge funds and other institutional investors own 90.82% of the company’s stock.
Shares of Whirlpool Co. (NYSE WHR) opened at $168.09 on Tuesday. Whirlpool Co. has a one year low of $158.80 and a one year high of $202.99. The company has a current ratio of 0.93, a quick ratio of 0.58 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $12,080.00, a P/E ratio of 16.18, a P/E/G ratio of 0.93 and a beta of 1.81.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, March 2nd will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date is Thursday, March 1st. Whirlpool’s dividend payout ratio is currently 42.35%.
WHR has been the subject of a number of recent research reports. ValuEngine upgraded Whirlpool from a “hold” rating to a “buy” rating in a report on Tuesday, December 5th. UBS Group upgraded Whirlpool from a “market perform” rating to an “outperform” rating in a report on Friday, January 26th. Raymond James Financial upgraded Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 target price for the company in a report on Friday, January 26th. Zacks Investment Research upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Thursday, January 25th. Finally, KeyCorp reiterated an “equal weight” rating on shares of Whirlpool in a report on Monday, January 29th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $189.40.
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Whirlpool Company Profile
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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