Valeo Financial Advisors LLC purchased a new stake in shares of Whirlpool Co. (NYSE:WHR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 701 shares of the company’s stock, valued at approximately $129,000.
Other large investors have also bought and sold shares of the company. PGGM Investments raised its position in Whirlpool by 0.6% during the third quarter. PGGM Investments now owns 188,413 shares of the company’s stock valued at $34,751,000 after buying an additional 1,094 shares during the period. State Board of Administration of Florida Retirement System raised its position in Whirlpool by 0.9% during the second quarter. State Board of Administration of Florida Retirement System now owns 112,378 shares of the company’s stock valued at $21,534,000 after buying an additional 1,038 shares during the period. Homrich & Berg raised its position in Whirlpool by 16.6% during the second quarter. Homrich & Berg now owns 3,131 shares of the company’s stock valued at $600,000 after buying an additional 446 shares during the period. BT Investment Management Ltd acquired a new position in Whirlpool during the second quarter valued at $2,065,000. Finally, Greenhaven Associates Inc. raised its position in Whirlpool by 0.6% during the second quarter. Greenhaven Associates Inc. now owns 2,737,150 shares of the company’s stock valued at $524,493,000 after buying an additional 17,280 shares during the period. 92.75% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Whirlpool Co. (NYSE:WHR) traded up $0.53 during midday trading on Thursday, reaching $167.04. The company’s stock had a trading volume of 506,000 shares, compared to its average volume of 848,834. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 0.65. Whirlpool Co. has a 1 year low of $158.80 and a 1 year high of $202.99. The stock has a market capitalization of $11,965.87, a P/E ratio of 11.89, a P/E/G ratio of 1.68 and a beta of 1.88.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $4.40 dividend on an annualized basis and a yield of 2.63%. Whirlpool’s dividend payout ratio (DPR) is currently 41.47%.
WHR has been the topic of several recent analyst reports. ValuEngine raised Whirlpool from a “hold” rating to a “buy” rating in a research report on Tuesday, December 5th. Royal Bank of Canada reissued a “buy” rating and set a $209.00 price target on shares of Whirlpool in a research report on Tuesday, October 10th. MKM Partners set a $177.00 price target on Whirlpool and gave the company a “hold” rating in a research report on Friday, October 6th. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Finally, Bank of America downgraded Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 target price on the stock. in a research note on Tuesday, October 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $183.60.
WARNING: This news story was posted by Community Financial News and is the property of of Community Financial News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.com-unik.info/2017/12/14/701-shares-in-whirlpool-co-whr-acquired-by-valeo-financial-advisors-llc.html.
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.
What are top analysts saying about Whirlpool? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Whirlpool and related companies.