GPS Wealth Strategies Group LLC Boosts Stake in Whirlpool Co. (NYSE:WHR)

GPS Wealth Strategies Group LLC lifted its position in Whirlpool Co. (NYSE:WHR) by 557.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 460 shares of the company’s stock after acquiring an additional 390 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Whirlpool were worth $53,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WHR. Algert Global LLC bought a new position in Whirlpool during the 2nd quarter valued at approximately $561,000. Creative Planning grew its position in shares of Whirlpool by 128.3% during the 2nd quarter. Creative Planning now owns 11,220 shares of the company’s stock valued at $1,147,000 after acquiring an additional 6,305 shares during the period. B. Riley Wealth Advisors Inc. raised its stake in shares of Whirlpool by 84.1% in the second quarter. B. Riley Wealth Advisors Inc. now owns 3,926 shares of the company’s stock worth $401,000 after buying an additional 1,793 shares during the period. Truist Financial Corp lifted its holdings in Whirlpool by 32.7% during the second quarter. Truist Financial Corp now owns 30,674 shares of the company’s stock valued at $3,135,000 after purchasing an additional 7,555 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Whirlpool in the 2nd quarter worth $747,000. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Down 5.6 %

NYSE:WHR opened at $99.16 on Tuesday. The stock has a fifty day simple moving average of $119.04 and a 200-day simple moving average of $108.31. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. The company has a market cap of $5.47 billion, a price-to-earnings ratio of -16.92 and a beta of 1.43. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $135.49.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, topping analysts’ consensus estimates 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 prior year, the company posted $3.85 EPS. Analysts anticipate that Whirlpool Co. will post 12.87 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on WHR. Royal Bank of Canada dropped their target price on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating for the company in a research report on Friday, October 25th. Bank of America raised their target price on shares of Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. increased their price objective on shares of Whirlpool from $103.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, The Goldman Sachs Group increased their price target on shares of Whirlpool from $125.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Whirlpool has a consensus rating of “Hold” and an average target price of $112.80.

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.