Angeles Wealth Management LLC Buys New Position in Whirlpool Co. (NYSE:WHR)

Angeles Wealth Management LLC purchased a new position in shares of Whirlpool Co. (NYSE:WHR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,620 shares of the company’s stock, valued at approximately $414,000.

Several other hedge funds also recently made changes to their positions in WHR. Brown Lisle Cummings Inc. acquired a new position in Whirlpool during the fourth quarter worth $27,000. GAMMA Investing LLC boosted its stake in shares of Whirlpool by 323.1% during the 4th quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after buying an additional 210 shares during the last quarter. Legend Financial Advisors Inc. bought a new position in shares of Whirlpool in the 4th quarter valued at about $34,000. HHM Wealth Advisors LLC increased its position in shares of 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 acquiring an additional 216 shares during the last quarter. Finally, UMB Bank n.a. raised its holdings in Whirlpool by 56.4% during the fourth quarter. UMB Bank n.a. now owns 319 shares of the company’s stock worth $37,000 after acquiring an additional 115 shares in the last quarter. 90.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Whirlpool Trading Down 1.1 %

WHR stock opened at $100.68 on Tuesday. The stock has a market cap of $5.55 billion, a price-to-earnings ratio of -17.18 and a beta of 1.43. The company has a fifty day moving average price of $117.88 and a two-hundred day moving average price of $108.24. Whirlpool Co. has a one year low of $84.18 and a one year high of $135.49. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.72 and a quick ratio of 0.44.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $4.57 EPS for the quarter, beating 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 last year, the company posted $3.85 EPS. Equities analysts anticipate that Whirlpool Co. will post 9.51 EPS for the current 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.