Edmond DE Rothschild Holding S.A. Sells 15,000 Shares of Whirlpool Co. (NYSE:WHR)

Edmond DE Rothschild Holding S.A. lowered its stake in Whirlpool Co. (NYSE:WHR) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,000 shares of the company’s stock after selling 15,000 shares during the period. Edmond DE Rothschild Holding S.A. owned 0.23% of Whirlpool worth $14,310,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Savant Capital LLC increased its position in shares of Whirlpool by 3.8% during the fourth quarter. Savant Capital LLC now owns 2,406 shares of the company’s stock valued at $275,000 after buying an additional 89 shares during the period. Allworth Financial LP boosted its position in Whirlpool by 17.3% during the 4th quarter. Allworth Financial LP now owns 664 shares of the company’s stock valued at $76,000 after acquiring an additional 98 shares in the last quarter. Westside Investment Management Inc. grew its holdings in shares of Whirlpool by 4.5% during the 3rd quarter. Westside Investment Management Inc. now owns 2,345 shares of the company’s stock worth $251,000 after acquiring an additional 100 shares during the period. Louisiana State Employees Retirement System lifted its stake in shares of Whirlpool by 0.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company’s stock valued at $1,752,000 after purchasing an additional 100 shares during the period. Finally, State of Michigan Retirement System boosted its position in shares of Whirlpool by 0.8% during the fourth quarter. State of Michigan Retirement System now owns 13,100 shares of the company’s stock valued at $1,500,000 after purchasing an additional 100 shares in the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool Price Performance

Shares of NYSE:WHR opened at $89.58 on Monday. The business has a fifty day moving average price of $103.65 and a 200-day moving average price of $108.15. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44. The company has a market capitalization of $4.96 billion, a PE ratio of -15.29 and a beta of 1.44. Whirlpool Co. has a 1-year low of $84.18 and a 1-year high of $135.49.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.26 by $0.31. Whirlpool had a negative net margin of 1.95% and a positive return on equity of 21.89%. During the same period in the previous year, the firm earned $3.85 earnings per share. As a group, equities analysts expect that Whirlpool Co. will post 9.52 EPS for the current fiscal year.

Whirlpool Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Friday, February 28th were paid a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 7.81%. The ex-dividend date of this dividend was Friday, February 28th. Whirlpool’s dividend payout ratio is currently -119.45%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WHR. The Goldman Sachs Group increased their price objective on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. StockNews.com raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $106.00.

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.