MPI Investment Management Inc. Takes Position in Whirlpool Co. (WHR)

MPI Investment Management Inc. acquired a new stake in Whirlpool Co. (NYSE:WHR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,600 shares of the company’s stock, valued at approximately $270,000.

Several other large investors also recently added to or reduced their stakes in the company. QS Investors LLC increased its stake in shares of Whirlpool by 0.4% in the 2nd quarter. QS Investors LLC now owns 2,355 shares of the company’s stock valued at $451,000 after acquiring an additional 10 shares in the last quarter. Martin & Co. Inc. TN increased its stake in shares of Whirlpool by 0.6% in the 2nd quarter. Martin & Co. Inc. TN now owns 26,691 shares of the company’s stock valued at $5,115,000 after acquiring an additional 169 shares in the last quarter. Raymond James Trust N.A. increased its stake in shares of Whirlpool by 1.6% in the 3rd quarter. Raymond James Trust N.A. now owns 17,088 shares of the company’s stock valued at $3,152,000 after acquiring an additional 275 shares in the last quarter. Adviser Investments LLC increased its stake in shares of Whirlpool by 1.1% in the 3rd quarter. Adviser Investments LLC now owns 26,271 shares of the company’s stock valued at $4,845,000 after acquiring an additional 298 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH increased its stake in shares of Whirlpool by 5.3% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 5,968 shares of the company’s stock valued at $1,006,000 after acquiring an additional 301 shares in the last quarter. Institutional investors own 94.15% of the company’s stock.

Shares of Whirlpool Co. (NYSE:WHR) opened at $170.10 on Thursday. Whirlpool Co. has a 52-week low of $158.80 and a 52-week high of $202.99. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.94 and a quick ratio of 0.58. The stock has a market cap of $12,340.51, a price-to-earnings ratio of 37.30, a P/E/G ratio of 0.93 and a beta of 1.81.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $0.09. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The business had revenue of $5.70 billion during the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter last year, the firm posted $4.33 EPS. Whirlpool’s revenue was up .8% compared to the same quarter last year. equities analysts forecast that Whirlpool Co. will post 15.32 earnings per share for the current year.

Several research firms recently issued reports on WHR. KeyCorp reissued an “equal weight” rating on shares of Whirlpool in a research report on Monday, January 29th. Royal Bank of Canada lifted their price target on shares of Whirlpool to $200.00 and gave the company an “in-line” rating in a research report on Monday, January 29th. Raymond James Financial raised shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 price target for the company in a research report on Friday, January 26th. UBS Group raised shares of Whirlpool from a “market perform” rating to an “outperform” rating in a research report on Friday, January 26th. Finally, Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, January 25th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $189.40.

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Whirlpool Profile

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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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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