Whirlpool Co. (WHR) Shares Bought by BB&T Securities LLC

BB&T Securities LLC lifted its stake in Whirlpool Co. (NYSE:WHR) by 50.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,725 shares of the company’s stock after purchasing an additional 7,265 shares during the quarter. BB&T Securities LLC’s holdings in Whirlpool were worth $2,321,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advisors Asset Management Inc. boosted its holdings in Whirlpool by 6.5% in the second quarter. Advisors Asset Management Inc. now owns 6,859 shares of the company’s stock worth $1,003,000 after purchasing an additional 416 shares during the period. State of Alaska Department of Revenue boosted its position in Whirlpool by 6.2% during the third quarter. State of Alaska Department of Revenue now owns 16,750 shares of the company’s stock worth $1,988,000 after purchasing an additional 984 shares during the period. Bank of Montreal Can lifted its holdings in shares of Whirlpool by 8.0% during the third quarter. Bank of Montreal Can now owns 69,179 shares of the company’s stock worth $8,215,000 after buying an additional 5,118 shares during the last quarter. First Manhattan Co. raised its stake in shares of Whirlpool by 7,147.5% in the third quarter. First Manhattan Co. now owns 14,495 shares of the company’s stock valued at $1,721,000 after purchasing an additional 14,295 shares in the last quarter. Finally, First Hawaiian Bank acquired a new position in Whirlpool during the third quarter worth $160,000. Hedge funds and other institutional investors own 96.98% of the company’s stock.

In other Whirlpool news, Director Michael F. Johnston sold 2,845 shares of the company’s stock in a transaction dated Friday, February 1st. The shares were sold at an average price of $133.54, for a total transaction of $379,921.30. Following the completion of the sale, the director now directly owns 6,550 shares of the company’s stock, valued at $874,687. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.83% of the stock is currently owned by corporate insiders.

A number of equities research analysts have recently commented on WHR shares. Royal Bank of Canada lowered Whirlpool from a “sector perform” rating to an “underperform” rating and set a $134.60 price target on the stock. in a research report on Wednesday, January 30th. Raymond James lowered their price target on Whirlpool from $160.00 to $140.00 and set an “outperform” rating for the company in a report on Thursday, October 18th. Credit Suisse Group set a $125.00 price target on Whirlpool and gave the company a “buy” rating in a research report on Wednesday, October 17th. Buckingham Research began coverage on Whirlpool in a report on Wednesday, January 23rd. They issued a “neutral” rating and a $135.00 price target on the stock. Finally, Zacks Investment Research downgraded Whirlpool from a “buy” rating to a “hold” rating in a research report on Saturday, January 19th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company’s stock. Whirlpool currently has an average rating of “Hold” and an average price target of $146.40.

NYSE WHR opened at $137.95 on Thursday. The firm has a market capitalization of $8.71 billion, a P/E ratio of 9.10, a P/E/G ratio of 1.88 and a beta of 1.63. The company has a current ratio of 0.82, a quick ratio of 0.55 and a debt-to-equity ratio of 1.26. Whirlpool Co. has a 12 month low of $99.40 and a 12 month high of $180.00.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Monday, January 28th. The company reported $4.75 EPS for the quarter, topping analysts’ consensus estimates of $4.30 by $0.45. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.76 billion. Whirlpool had a negative net margin of 0.87% and a positive return on equity of 27.24%. The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.10 earnings per share. On average, research analysts forecast that Whirlpool Co. will post 14.66 EPS for the current fiscal year.

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Whirlpool Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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