Trust Investment Advisors Decreases Position in Whirlpool Co. (WHR)

Trust Investment Advisors decreased its position in shares of Whirlpool Co. (NYSE:WHR) by 37.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,455 shares of the company’s stock after selling 2,640 shares during the period. Trust Investment Advisors’ holdings in Whirlpool were worth $476,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Massey Quick Simon & CO. LLC acquired a new position in Whirlpool during the 4th quarter worth about $32,000. Rehmann Capital Advisory Group raised its position in Whirlpool by 79.7% in the 3rd quarter. Rehmann Capital Advisory Group now owns 309 shares of the company’s stock valued at $37,000 after purchasing an additional 137 shares in the last quarter. Lavaca Capital LLC acquired a new stake in Whirlpool in the 4th quarter valued at about $63,000. Csenge Advisory Group acquired a new stake in Whirlpool in the 3rd quarter valued at about $99,000. Finally, NuWave Investment Management LLC acquired a new stake in Whirlpool in the 3rd quarter valued at about $107,000. 96.98% of the stock is currently owned by hedge funds and other institutional investors.

Shares of WHR stock traded up $0.10 during midday trading on Wednesday, hitting $136.54. The company had a trading volume of 159,840 shares, compared to its average volume of 1,065,621. Whirlpool Co. has a 52-week low of $99.40 and a 52-week high of $180.00. The company has a market capitalization of $8.71 billion, a P/E ratio of 9.01, a price-to-earnings-growth ratio of 1.88 and a beta of 1.63. The company has a current ratio of 0.82, a quick ratio of 0.55 and a debt-to-equity ratio of 1.26.

Whirlpool (NYSE:WHR) last announced its earnings results on Monday, January 28th. The company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $4.30 by $0.45. Whirlpool had a positive return on equity of 27.24% and a negative net margin of 0.87%. The company had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same period last year, the business posted $4.10 EPS. The company’s revenue was down .7% on a year-over-year basis. As a group, equities analysts predict that Whirlpool Co. will post 14.66 earnings per share for the current fiscal year.

A number of research analysts have recently commented on WHR shares. Credit Suisse Group set a $125.00 price objective on Whirlpool and gave the company a “buy” rating in a report on Wednesday, October 17th. MKM Partners set a $146.00 price objective on Whirlpool and gave the company a “hold” rating in a report on Tuesday, October 16th. Zacks Investment Research upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Monday, October 29th. Royal Bank of Canada set a $111.00 price objective on Whirlpool and gave the company a “hold” rating in a report on Friday, October 26th. Finally, Raymond James downgraded Whirlpool from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 30th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $146.40.

In other news, Director Michael F. Johnston sold 2,845 shares of the firm’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $133.54, for a total value of $379,921.30. Following the completion of the sale, the director now directly owns 6,550 shares of the company’s stock, valued at approximately $874,687. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.83% of the stock is owned by company insiders.

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Whirlpool Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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