Chilton Investment Co. LLC Trims Position in Whirlpool Co. (WHR)

Chilton Investment Co. LLC decreased its position in shares of Whirlpool Co. (NYSE:WHR) by 96.1% in the fourth quarter, Holdings Channel reports. The firm owned 21,482 shares of the company’s stock after selling 535,491 shares during the period. Chilton Investment Co. LLC’s holdings in Whirlpool were worth $3,623,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WHR. Epoch Investment Partners Inc. acquired a new stake in Whirlpool during the third quarter valued at $75,398,000. Bessemer Group Inc. boosted its position in Whirlpool by 62.0% during the fourth quarter. Bessemer Group Inc. now owns 653,097 shares of the company’s stock valued at $110,138,000 after purchasing an additional 249,908 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in Whirlpool by 72.9% during the third quarter. Schwab Charles Investment Management Inc. now owns 461,702 shares of the company’s stock valued at $85,157,000 after purchasing an additional 194,739 shares during the last quarter. Stifel Financial Corp boosted its position in Whirlpool by 667.5% during the third quarter. Stifel Financial Corp now owns 165,673 shares of the company’s stock valued at $30,555,000 after purchasing an additional 144,086 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Whirlpool by 35.2% during the third quarter. Ameriprise Financial Inc. now owns 548,090 shares of the company’s stock valued at $101,097,000 after purchasing an additional 142,739 shares during the last quarter. 94.15% of the stock is owned by hedge funds and other institutional investors.

Shares of Whirlpool Co. (NYSE WHR) opened at $164.95 on Friday. Whirlpool Co. has a 12-month low of $158.80 and a 12-month high of $202.99. The firm has a market capitalization of $11,850.00, a PE ratio of 36.57, a price-to-earnings-growth ratio of 0.93 and a beta of 1.81. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.94 and a quick ratio of 0.58.

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

A number of analysts recently issued reports on the company. Raymond James Financial raised Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 price objective for the company in a research report on Friday, January 26th. UBS Group raised Whirlpool from a “market perform” rating to an “outperform” rating in a research report on Friday, January 26th. Royal Bank of Canada boosted their price target on Whirlpool to $200.00 and gave the stock an “in-line” rating in a research report on Monday, January 29th. KeyCorp reaffirmed an “equal weight” rating on shares of Whirlpool in a research report on Monday, January 29th. Finally, Credit Suisse Group set a $187.00 price target on Whirlpool and gave the stock a “neutral” rating in a research report on Tuesday, October 24th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $189.40.

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Whirlpool Company 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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