The Whirlpool Co. (WHR) Stake Cut by Livforsakringsbolaget Skandia Omsesidigt

The Whirlpool Co. (WHR) Stake Cut by Livforsakringsbolaget Skandia Omsesidigt

Several other large investors also recently bought and sold shares of the stock. Municipal Employees Retirement System of Michigan increased its stake in Whirlpool by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 3,980 shares of the company’s stock worth $645,000 after buying an additional 10 shares during the last quarter. Bollard Group LLC increased its stake in Whirlpool by 0.6% in the first quarter. Bollard Group LLC now owns 2,158 shares of the company’s stock worth $370,000 after buying an additional 12 shares during the last quarter. Savant Capital LLC increased its stake in Whirlpool by 0.7% in the third quarter. Savant Capital LLC now owns 2,690 shares of the company’s stock valued at $436,000 after buying an additional 20 shares in the last quarter. Ontario Teachers Pension Plan Board increased its stake in Whirlpool by 1.5% in the third quarter. Ontario Teachers Pension Plan Board now owns 2,064 shares of the company’s stock valued at $335,000 after buying an additional 31 shares in the last quarter. Finally, Intrust Bank NA increased its stake in Whirlpool by 0.7% in the third quarter. Intrust Bank NA now owns 6,250 shares of the company’s stock valued at $1,013,000 after buying an additional 42 shares in the last quarter. Institutional investors own 91.76% of the company’s stock.

Livforsakringsbolaget Skandia Omsesidigt decreased its position in Whirlpool Co. (NYSE:WHR) by 53.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,896 shares of the company’s stock after selling 4,400 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Whirlpool were worth $667,000 as of its most recent SEC filing.

Shares of Whirlpool Co. (NYSE:WHR) traded down 0.13% during mid-day trading on Thursday, reaching $185.00. 237,031 shares of the company’s stock were exchanged. The firm has a market capitalization of $13.68 billion, a P/E ratio of 15.92 and a beta of 1.91. Whirlpool Co. has a one year low of $145.91 and a one year high of $194.10. The stock has a 50-day moving average of $174.44 and a 200 day moving average of $173.27.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, April 24th. The company reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.65 by $0.15. The firm had revenue of $4.79 billion during the quarter, compared to analyst estimates of $4.74 billion. Whirlpool had a net margin of 4.29% and a return on equity of 18.69%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.63 earnings per share. On average, analysts forecast that Whirlpool Co. will post $15.12 EPS for the current fiscal year. The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Friday, May 19th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Wednesday, May 17th. This is a positive change from Whirlpool’s previous quarterly dividend of $1.00. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.38%. Whirlpool’s dividend payout ratio is currently 34.69%.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, April 24th. The company reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.65 by $0.15. The firm had revenue of $4.79 billion during the quarter, compared to analyst estimates of $4.74 billion. Whirlpool had a net margin of 4.29% and a return on equity of 18.69%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.63 earnings per share. On average, analysts forecast that Whirlpool Co. will post $15.12 EPS for the current fiscal year. Several equities research analysts recently commented on WHR shares. Goldman Sachs Group Inc downgraded shares of Whirlpool from a “buy” rating to a “neutral” rating and set a $187.00 target price on the stock. in a research report on Friday, January 27th. Zacks Investment Research lowered shares of Whirlpool from a “buy” rating to a “hold” rating in a report on Friday, January 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $193.43.

In other news, CFO James W. Peters sold 600 shares of the stock in a transaction dated Tuesday, February 21st. The stock was sold at an average price of $179.61, for a total value of $107,766.00. Following the transaction, the chief financial officer now directly owns 10,348 shares of the company’s stock, valued at $1,858,604.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Jeff M. Fettig sold 120,700 shares of the company’s stock in a transaction dated Friday, February 24th. The stock was sold at an average price of $180.16, for a total value of $21,745,312.00. Following the completion of the sale, the chairman now owns 54,983 shares in the company, valued at approximately $9,905,737.28. The disclosure for this sale can be found here. Insiders sold 129,921 shares of company stock worth $23,378,785 over the last three months. Corporate insiders own 2.62% of the company’s stock. About Whirlpool

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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