C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases Shares of 4,207 Whirlpool Co. (NYSE:WHR)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Whirlpool Co. (NYSE:WHR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,207 shares of the company’s stock, valued at approximately $482,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Louisiana State Employees Retirement System increased its stake in Whirlpool by 0.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the company’s stock worth $1,752,000 after buying an additional 100 shares in the last quarter. Fishman Jay A Ltd. MI boosted its stake in shares of Whirlpool by 0.7% in the fourth quarter. Fishman Jay A Ltd. MI now owns 104,597 shares of the company’s stock worth $11,974,000 after acquiring an additional 720 shares during the period. Edmp Inc. grew its position in shares of Whirlpool by 3.8% during the fourth quarter. Edmp Inc. now owns 16,512 shares of the company’s stock worth $1,890,000 after purchasing an additional 608 shares in the last quarter. Focus Financial Network Inc. raised its stake in Whirlpool by 78.9% during the 4th quarter. Focus Financial Network Inc. now owns 5,182 shares of the company’s stock valued at $593,000 after purchasing an additional 2,285 shares during the period. Finally, MADDEN SECURITIES Corp lifted its holdings in Whirlpool by 28.7% in the 4th quarter. MADDEN SECURITIES Corp now owns 8,070 shares of the company’s stock worth $924,000 after purchasing an additional 1,800 shares in the last quarter. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Stock Up 3.4 %

Shares of NYSE WHR opened at $101.69 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.44 and a debt-to-equity ratio of 1.62. Whirlpool Co. has a 12-month low of $84.18 and a 12-month high of $135.49. The firm’s 50-day moving average price is $117.23 and its 200-day moving average price is $108.17. The stock has a market capitalization of $5.61 billion, a price-to-earnings ratio of -17.35 and a beta of 1.43.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $4.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.26 by $0.31. Whirlpool had a positive return on equity of 21.89% and a negative net margin of 1.95%. During the same quarter in the prior year, the firm earned $3.85 EPS. On average, equities research analysts anticipate that Whirlpool Co. will post 9.51 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WHR. Bank of America increased their price objective on shares of Whirlpool from $101.00 to $103.00 and gave the company an “underperform” rating in a report on Friday, October 25th. Royal Bank of Canada reduced their price target on shares of Whirlpool from $76.00 to $74.00 and set an “underperform” rating on the stock 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 report on Tuesday, October 29th. The Goldman Sachs Group lifted their target price on Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Finally, StockNews.com raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Whirlpool currently has a consensus rating of “Hold” and an average price target 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.