Natixis Sells 30,239 Shares of Whirlpool Co. (NYSE:WHR)

Natixis decreased its holdings in Whirlpool Co. (NYSE:WHR) by 47.5% in the second quarter, Holdings Channel reports. The firm owned 33,411 shares of the company’s stock after selling 30,239 shares during the quarter. Natixis’ holdings in Whirlpool were worth $4,756,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of WHR. Geode Capital Management LLC increased its holdings in shares of Whirlpool by 7.2% in the 4th quarter. Geode Capital Management LLC now owns 857,618 shares of the company’s stock worth $91,496,000 after purchasing an additional 57,356 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Whirlpool by 7.5% in the first quarter. Janney Montgomery Scott LLC now owns 8,709 shares of the company’s stock worth $1,157,000 after acquiring an additional 608 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Whirlpool by 115.1% in the first quarter. Janus Henderson Group PLC now owns 36,033 shares of the company’s stock worth $4,788,000 after acquiring an additional 19,284 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in shares of Whirlpool by 7.7% in the first quarter. Robeco Institutional Asset Management B.V. now owns 5,565 shares of the company’s stock worth $739,000 after acquiring an additional 400 shares during the period. Finally, State Board of Administration of Florida Retirement System grew its holdings in shares of Whirlpool by 1.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 86,013 shares of the company’s stock worth $11,430,000 after acquiring an additional 1,399 shares during the period. 94.47% of the stock is owned by institutional investors and hedge funds.

In related news, CFO James W. Peters sold 650 shares of Whirlpool stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $146.51, for a total transaction of $95,231.50. Following the transaction, the chief financial officer now directly owns 18,569 shares in the company, valued at $2,720,544.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.91% of the stock is currently owned by insiders.

Several analysts recently commented on WHR shares. Longbow Research set a $178.00 price objective on Whirlpool and gave the stock a “buy” rating in a report on Friday, August 2nd. TheStreet raised Whirlpool from a “c+” rating to a “b-” rating in a report on Monday, July 22nd. Zacks Investment Research raised Whirlpool from a “hold” rating to a “buy” rating and set a $147.00 price objective for the company in a report on Thursday, August 22nd. Gabelli reaffirmed a “hold” rating on shares of Whirlpool in a report on Wednesday, July 24th. Finally, ValuEngine raised Whirlpool from a “strong sell” rating to a “sell” rating in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $140.95.

NYSE WHR traded down $0.37 on Friday, hitting $150.46. 147,782 shares of the company traded hands, compared to its average volume of 578,985. The company has a market capitalization of $9.57 billion, a price-to-earnings ratio of 9.92, a P/E/G ratio of 1.90 and a beta of 1.82. The company has a current ratio of 0.84, a quick ratio of 0.54 and a debt-to-equity ratio of 1.31. The business’s 50 day moving average price is $139.54 and its 200-day moving average price is $137.21. Whirlpool Co. has a 52-week low of $99.40 and a 52-week high of $153.22.

Whirlpool (NYSE:WHR) last released its earnings results on Monday, July 22nd. The company reported $4.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.80 by $0.21. The company had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.03 billion. Whirlpool had a return on equity of 30.55% and a net margin of 4.39%. Whirlpool’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $3.20 earnings per share. As a group, sell-side analysts predict that Whirlpool Co. will post 15.12 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Sunday, September 15th. Investors of record on Friday, August 30th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, August 29th. This represents a $4.80 annualized dividend and a yield of 3.19%. Whirlpool’s dividend payout ratio (DPR) is presently 31.66%.

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 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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