Mercer Global Advisors Inc. ADV Has $1.13 Million Stock Holdings in Whirlpool Co. (NYSE:WHR)

Mercer Global Advisors Inc. ADV reduced its stake in Whirlpool Co. (NYSE:WHR) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,908 shares of the company’s stock after selling 256 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Whirlpool were worth $1,134,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WHR. Brown Lisle Cummings Inc. acquired a new position in shares of Whirlpool in the 4th quarter worth approximately $27,000. SBI Securities Co. Ltd. acquired a new position in Whirlpool in the fourth quarter valued at $30,000. Nemes Rush Group LLC boosted its position in Whirlpool by 79.1% during the fourth quarter. Nemes Rush Group LLC now owns 274 shares of the company’s stock valued at $31,000 after acquiring an additional 121 shares during the last quarter. GAMMA Investing LLC grew its holdings in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after acquiring an additional 210 shares during the period. Finally, Bogart Wealth LLC raised its position in shares of Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares in the last quarter. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Stock Performance

NYSE WHR opened at $79.90 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. The company has a fifty day simple moving average of $84.89 and a 200 day simple moving average of $102.93. Whirlpool Co. has a 12-month low of $73.72 and a 12-month high of $135.49. The company has a market cap of $4.44 billion, a P/E ratio of -13.63 and a beta of 1.20.

Whirlpool (NYSE:WHR) last posted its earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.67 by $0.03. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.67 billion. During the same period in the previous year, the firm posted $1.78 earnings per share. The firm’s revenue for the quarter was down 19.4% on a year-over-year basis. Sell-side analysts predict that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Friday, May 16th will be issued a dividend of $1.75 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $7.00 annualized dividend and a yield of 8.76%. Whirlpool’s dividend payout ratio (DPR) is currently 5,000.00%.

Analyst Ratings Changes

Several equities research analysts recently commented on WHR shares. StockNews.com cut Whirlpool from a “hold” rating to a “sell” rating in a research note on Friday, April 25th. The Goldman Sachs Group lifted their price objective on shares of Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. cut their target price on shares of Whirlpool from $109.00 to $89.00 and set a “neutral” rating on the stock in a research note on Monday, April 28th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $101.00.

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.