Whirlpool Co. (NYSE:WHR) Shares Acquired by Community Financial Services Group LLC

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Community Financial Services Group LLC raised its stake in shares of Whirlpool Co. (NYSE:WHR) by 3.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 70,509 shares of the company’s stock after purchasing an additional 2,170 shares during the period. Whirlpool makes up approximately 3.4% of Community Financial Services Group LLC’s portfolio, making the stock its 7th biggest holding. Community Financial Services Group LLC’s holdings in Whirlpool were worth $10,038,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Penserra Capital Management LLC purchased a new position in shares of Whirlpool in the 1st quarter worth approximately $27,000. SevenBridge Financial Group LLC boosted its stake in shares of Whirlpool by 248.1% in the 2nd quarter. SevenBridge Financial Group LLC now owns 188 shares of the company’s stock worth $27,000 after buying an additional 134 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of Whirlpool in the 1st quarter worth approximately $28,000. Financial Advocates Investment Management boosted its stake in shares of Whirlpool by 217.4% in the 4th quarter. Financial Advocates Investment Management now owns 146 shares of the company’s stock worth $35,000 after buying an additional 100 shares during the last quarter. Finally, Thor Advisors LLC purchased a new position in shares of Whirlpool in the 1st quarter worth approximately $38,000. Institutional investors and hedge funds own 93.87% of the company’s stock.

Shares of NYSE WHR traded down $4.34 during midday trading on Friday, reaching $135.58. The company’s stock had a trading volume of 900,715 shares, compared to its average volume of 886,918. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.84 and a quick ratio of 0.54. The firm has a market cap of $8.89 billion, a PE ratio of 8.94, a P/E/G ratio of 1.70 and a beta of 1.83. The firm has a 50 day moving average price of $143.97. Whirlpool Co. has a 12-month low of $99.40 and a 12-month high of $152.50.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Monday, July 22nd. The company reported $4.01 EPS for the quarter, topping analysts’ consensus estimates of $3.80 by $0.21. The company had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.03 billion. Whirlpool had a net margin of 4.39% and a return on equity of 30.55%. Whirlpool’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.20 EPS. On average, equities analysts anticipate that Whirlpool Co. will post 15.15 EPS for the current fiscal year.

WHR has been the topic of a number of research analyst reports. Gabelli restated a “hold” rating on shares of Whirlpool in a research note on Wednesday, July 24th. Zacks Investment Research downgraded Whirlpool from a “hold” rating to a “sell” rating in a research note on Saturday, April 27th. Longbow Research upgraded Whirlpool from a “neutral” rating to a “buy” rating and set a $178.00 target price on the stock in a research note on Friday, May 10th. Buckingham Research boosted their target price on Whirlpool from $135.00 to $150.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 17th. Finally, TheStreet upgraded Whirlpool from a “c+” rating to a “b-” rating in a research note on Monday, July 22nd. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $140.09.

Whirlpool Company 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 refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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