2,062 Shares in Whirlpool Co. (NYSE:WHR) Acquired by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC purchased a new position in shares of Whirlpool Co. (NYSE:WHR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,062 shares of the company’s stock, valued at approximately $236,000.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC boosted its stake in Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock valued at $31,000 after acquiring an additional 210 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in Whirlpool in the fourth quarter valued at $34,000. UMB Bank n.a. boosted its stake in Whirlpool by 56.4% during the 4th quarter. UMB Bank n.a. now owns 319 shares of the company’s stock valued at $37,000 after purchasing an additional 115 shares during the period. True Wealth Design LLC boosted its position in shares of Whirlpool by 545.5% during the third quarter. True Wealth Design LLC now owns 355 shares of the company’s stock worth $38,000 after buying an additional 300 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in Whirlpool by 1,010.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 422 shares of the company’s stock worth $43,000 after acquiring an additional 384 shares during the period. Institutional investors and hedge funds own 90.78% of the company’s stock.

Whirlpool Stock Up 0.5 %

Whirlpool stock opened at $132.79 on Friday. The firm has a market cap of $7.32 billion, a price-to-earnings ratio of 13.10 and a beta of 1.44. The firm has a fifty day moving average price of $117.19 and a two-hundred day moving average price of $107.46. Whirlpool Co. has a fifty-two week low of $84.18 and a fifty-two week high of $134.54. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.55.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, October 23rd. The company reported $3.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.44. Whirlpool had a net margin of 3.19% and a return on equity of 21.41%. The business had revenue of $3.99 billion for the quarter, compared to analyst estimates of $4.09 billion. During the same quarter in the previous year, the firm posted $5.45 earnings per share. Whirlpool’s revenue was down 18.9% compared to the same quarter last year. As a group, analysts forecast that Whirlpool Co. will post 12.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on WHR shares. Royal Bank of Canada lowered their price objective on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock in a research note on Friday, October 25th. The Goldman Sachs Group boosted their price target on shares of Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Bank of America raised their price objective on Whirlpool from $101.00 to $103.00 and gave the stock an “underperform” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on shares of Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. Finally, StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Whirlpool has an average rating of “Hold” and a consensus target price of $112.80.

Insider Activity at Whirlpool

In other news, CFO James W. Peters sold 6,000 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of $104.48, for a total value of $626,880.00. Following the completion of the transaction, the chief financial officer now owns 41,570 shares in the company, valued at approximately $4,343,233.60. This represents a 12.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.05% of the company’s stock.

About Whirlpool

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.