2,413 Shares in Whirlpool Co. (NYSE:WHR) Bought by Verity Asset Management Inc.

Verity Asset Management Inc. bought a new position in shares of Whirlpool Co. (NYSE:WHR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,413 shares of the company’s stock, valued at approximately $276,000.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of Whirlpool by 323.1% during the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after purchasing an additional 210 shares during the last quarter. Legend Financial Advisors Inc. purchased a new position in Whirlpool in the fourth quarter valued at $34,000. HHM Wealth Advisors LLC increased its holdings in Whirlpool by 216.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 316 shares of the company’s stock valued at $36,000 after buying an additional 216 shares in the last quarter. UMB Bank n.a. increased its holdings in Whirlpool by 56.4% in the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock valued at $37,000 after buying an additional 115 shares in the last quarter. Finally, True Wealth Design LLC increased its holdings in Whirlpool by 545.5% in the third quarter. True Wealth Design LLC now owns 355 shares of the company’s stock valued at $38,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Whirlpool Price Performance

WHR opened at $100.52 on Wednesday. Whirlpool Co. has a twelve month low of $84.18 and a twelve month high of $135.49. The firm’s 50-day moving average price is $118.66 and its 200 day moving average price is $108.27. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.44 and a current ratio of 0.72.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 earnings per share 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 quarter last year, the firm earned $3.85 EPS. As a group, equities analysts expect that Whirlpool Co. will post 12.87 earnings per share for the current fiscal year.

About Whirlpool

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.