B.O.S.S. Retirement Advisors LLC Acquires 745 Shares of Whirlpool Co. (NYSE:WHR)

B.O.S.S. Retirement Advisors LLC lifted its stake in Whirlpool Co. (NYSE:WHR) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,704 shares of the company’s stock after purchasing an additional 745 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in Whirlpool were worth $1,145,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in WHR. FIFTHDELTA Ltd bought a new position in Whirlpool in the 1st quarter worth about $50,986,000. Dimensional Fund Advisors LP grew its stake in Whirlpool by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 981,472 shares of the company’s stock worth $100,304,000 after purchasing an additional 312,729 shares in the last quarter. RWWM Inc. purchased a new position in Whirlpool during the 2nd quarter worth $30,174,000. Newport Trust Company LLC raised its position in Whirlpool by 23.8% during the 2nd quarter. Newport Trust Company LLC now owns 1,402,941 shares of the company’s stock valued at $143,381,000 after purchasing an additional 269,976 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Whirlpool by 240.9% in the 2nd quarter. AQR Capital Management LLC now owns 375,613 shares of the company’s stock worth $38,125,000 after buying an additional 265,418 shares during the period. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on WHR shares. Bank of America began coverage on Whirlpool in a research note on Tuesday, July 30th. They set an “underperform” rating and a $88.00 price target on the stock. Royal Bank of Canada reduced their price target on shares of Whirlpool from $79.00 to $76.00 and set an “underperform” rating for the company in a report on Friday, July 26th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Whirlpool presently has a consensus rating of “Hold” and a consensus target price of $103.75.

Insider Activity

In related news, EVP Juan Carlos Puente sold 3,266 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $100.00, for a total transaction of $326,600.00. Following the transaction, the executive vice president now directly owns 19,070 shares in the company, valued at $1,907,000. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.05% of the company’s stock.

Whirlpool Price Performance

Shares of WHR stock opened at $104.77 on Friday. The stock’s 50-day moving average is $100.80 and its 200 day moving average is $99.35. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $132.25. The company has a debt-to-equity ratio of 1.88, a current ratio of 0.96 and a quick ratio of 0.58. The company has a market cap of $5.72 billion, a P/E ratio of 14.43 and a beta of 1.44.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Wednesday, July 24th. The company reported $2.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.39. The business had revenue of $3.99 billion for the quarter, compared to analysts’ expectations of $3.96 billion. Whirlpool had a net margin of 2.89% and a return on equity of 27.67%. The company’s revenue was down 16.8% compared to the same quarter last year. During the same period last year, the business earned $4.21 EPS. Research analysts predict that Whirlpool Co. will post 11.31 earnings per share for the current fiscal year.

Whirlpool Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, December 15th. Stockholders of record on Friday, November 15th will be given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a dividend yield of 6.68%. The ex-dividend date is Friday, November 15th. Whirlpool’s payout ratio is presently 96.42%.

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.