Seven Six Capital Management LLC Purchases New Shares in Whirlpool Co. (NYSE:WHR)

Seven Six Capital Management LLC acquired a new position in Whirlpool Co. (NYSE:WHR) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 32,850 shares of the company’s stock, valued at approximately $3,761,000. Whirlpool makes up approximately 3.3% of Seven Six Capital Management LLC’s investment portfolio, making the stock its 12th biggest holding. Seven Six Capital Management LLC owned approximately 0.06% of Whirlpool at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WHR. Arkadios Wealth Advisors purchased a new position in Whirlpool during the 4th quarter valued at about $1,970,000. Diversify Advisory Services LLC bought a new position in shares of Whirlpool during the fourth quarter valued at approximately $231,000. UMB Bank n.a. increased its stake in shares of Whirlpool by 56.4% during the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock valued at $37,000 after purchasing an additional 115 shares in the last quarter. Atomi Financial Group Inc. purchased a new position in shares of Whirlpool during the fourth quarter valued at approximately $229,000. Finally, Advisory Alpha LLC boosted its position in shares of Whirlpool by 4.8% in the 4th quarter. Advisory Alpha LLC now owns 2,215 shares of the company’s stock worth $254,000 after purchasing an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Whirlpool from $109.00 to $89.00 and set a “neutral” rating for the company in a research report on Monday, April 28th. StockNews.com cut Whirlpool from a “hold” rating to a “sell” rating in a research note on Friday, April 25th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $101.00.

Whirlpool Trading Down 1.0%

NYSE:WHR opened at $82.76 on Friday. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of -14.12 and a beta of 1.20. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The company’s 50 day moving average price is $83.90 and its 200-day moving average price is $102.22. Whirlpool Co. has a 52 week low of $73.72 and a 52 week high of $135.49.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, April 23rd. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.67 by $0.03. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.67 billion. During the same period last year, the business posted $1.78 EPS. The company’s revenue was down 19.4% compared to the same quarter last year. On average, equities research analysts forecast that Whirlpool Co. will post 9.52 earnings per share for the current fiscal year.

Whirlpool Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Stockholders of record on Friday, May 16th will be issued a dividend of $1.75 per share. The ex-dividend date is Friday, May 16th. This represents a $7.00 annualized dividend and a dividend yield of 8.46%. Whirlpool’s payout ratio is 5,000.00%.

Whirlpool Company 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.