California State Teachers Retirement System Has $23.20 Million Stake in Whirlpool Co. (WHR)

California State Teachers Retirement System cut its stake in Whirlpool Co. (NYSE:WHR) by 8.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 125,772 shares of the company’s stock after selling 11,519 shares during the quarter. California State Teachers Retirement System owned 0.18% of Whirlpool worth $23,197,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Whirlpool in the third quarter worth approximately $5,843,000. Evercore Trust Company N.A. raised its stake in shares of Whirlpool by 4.1% in the third quarter. Evercore Trust Company N.A. now owns 1,355,246 shares of the company’s stock worth $249,962,000 after purchasing an additional 53,819 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Whirlpool by 667.5% in the third quarter. Stifel Financial Corp now owns 165,673 shares of the company’s stock worth $30,555,000 after purchasing an additional 144,086 shares during the last quarter. FDO Partners LLC purchased a new stake in shares of Whirlpool in the third quarter worth approximately $2,450,000. Finally, OxFORD Asset Management LLP raised its stake in shares of Whirlpool by 1,259.1% in the third quarter. OxFORD Asset Management LLP now owns 18,158 shares of the company’s stock worth $3,355,000 after purchasing an additional 16,822 shares during the last quarter. 92.75% of the stock is owned by hedge funds and other institutional investors.

Shares of Whirlpool Co. (NYSE WHR) opened at $165.36 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $11,820.75, a P/E ratio of 11.74, a P/E/G ratio of 1.66 and a beta of 1.88. Whirlpool Co. has a 52-week low of $158.80 and a 52-week high of $202.99.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing the Zacks’ consensus estimate of $3.90 by ($0.07). The business had revenue of $5.42 billion for the quarter, compared to analysts’ expectations of $5.50 billion. Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The business’s revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the business posted $3.66 earnings per share. research analysts anticipate that Whirlpool Co. will post 13.7 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 17th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend was Thursday, November 16th. Whirlpool’s payout ratio is 41.47%.

Several analysts have recently commented on the company. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. ValuEngine raised Whirlpool from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. MKM Partners set a $177.00 price target on Whirlpool and gave the company a “hold” rating in a research report on Friday, October 6th. Credit Suisse Group set a $187.00 price target on Whirlpool and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Finally, Royal Bank of Canada downgraded Whirlpool from a “top pick” rating to a “sector perform” rating and decreased their price target for the company from $209.00 to $184.00 in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. Whirlpool presently has a consensus rating of “Hold” and a consensus price target of $183.60.

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Whirlpool Company Profile

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

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Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

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