Farther Finance Advisors LLC Sells 1,644 Shares of Whirlpool Co. (NYSE:WHR)

Farther Finance Advisors LLC decreased its holdings in Whirlpool Co. (NYSE:WHR) by 32.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,349 shares of the company’s stock after selling 1,644 shares during the quarter. Farther Finance Advisors LLC’s holdings in Whirlpool were worth $383,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Brown Lisle Cummings Inc. purchased a new position in Whirlpool in the 4th quarter worth about $27,000. SBI Securities Co. Ltd. purchased a new position in Whirlpool in the 4th quarter worth about $30,000. GAMMA Investing LLC raised its position in Whirlpool by 323.1% in the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after buying an additional 210 shares during the last quarter. Bogart Wealth LLC raised its position in Whirlpool by 113.6% in the 4th quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock worth $32,000 after buying an additional 150 shares during the last quarter. Finally, Legend Financial Advisors Inc. purchased a new position in Whirlpool in the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Wall Street Analyst Weigh In

WHR has been the subject of a number of recent analyst reports. StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. The Goldman Sachs Group upped their price target on shares of Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $106.00.

Whirlpool Price Performance

NYSE WHR opened at $94.43 on Tuesday. Whirlpool Co. has a 52 week low of $84.18 and a 52 week high of $135.49. The firm has a market capitalization of $5.23 billion, a P/E ratio of -16.11 and a beta of 1.44. 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 has a 50-day moving average price of $108.70 and a 200-day moving average price of $108.43.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same quarter in the prior year, the firm posted $3.85 earnings per share. Equities research analysts anticipate that Whirlpool Co. will post 9.52 earnings per share for the current year.

Whirlpool Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Friday, February 28th were paid a dividend of $1.75 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 7.41%. Whirlpool’s dividend payout ratio (DPR) is presently -119.45%.

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.