Capital Advisors Inc. OK Invests $18.14 Million in Whirlpool Co. (NYSE:WHR)

Capital Advisors Inc. OK acquired a new stake in shares of Whirlpool Co. (NYSE:WHR) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 105,557 shares of the company’s stock, valued at approximately $18,143,000. Capital Advisors Inc. OK owned approximately 0.17% of Whirlpool as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in WHR. FMR LLC lifted its stake in shares of Whirlpool by 45.7% in the second quarter. FMR LLC now owns 4,852,807 shares of the company’s stock worth $628,584,000 after acquiring an additional 1,522,984 shares during the period. Greenhaven Associates Inc. raised its stake in shares of Whirlpool by 0.7% in the 2nd quarter. Greenhaven Associates Inc. now owns 2,779,157 shares of the company’s stock valued at $359,984,000 after acquiring an additional 18,355 shares during the period. LSV Asset Management raised its stake in shares of Whirlpool by 1.1% in the 2nd quarter. LSV Asset Management now owns 2,267,101 shares of the company’s stock valued at $293,657,000 after acquiring an additional 24,615 shares during the period. Newport Trust Co raised its stake in shares of Whirlpool by 4.3% in the 2nd quarter. Newport Trust Co now owns 1,434,490 shares of the company’s stock valued at $185,809,000 after acquiring an additional 58,737 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Whirlpool by 7.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,035,188 shares of the company’s stock valued at $88,818,000 after acquiring an additional 72,542 shares during the period. 98.93% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:WHR traded up $0.57 during mid-day trading on Tuesday, hitting $178.37. The stock had a trading volume of 499,112 shares, compared to its average volume of 925,801. The stock has a market capitalization of $11.08 billion, a price-to-earnings ratio of 13.67, a P/E/G ratio of 0.83 and a beta of 2.09. The company has a 50 day simple moving average of $173.68 and a 200-day simple moving average of $130.65. Whirlpool Co. has a 52 week low of $64.00 and a 52 week high of $185.96. The company has a current ratio of 0.98, a quick ratio of 0.71 and a debt-to-equity ratio of 1.24.

Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $2.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $1.15. Whirlpool had a net margin of 4.42% and a return on equity of 22.08%. The firm had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $3.57 billion. During the same period last year, the firm posted $4.01 EPS. As a group, equities research analysts anticipate that Whirlpool Co. will post 12.5 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $1.20 dividend. The ex-dividend date is Thursday, August 27th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.69%. Whirlpool’s payout ratio is currently 30.00%.

WHR has been the topic of a number of research reports. Raymond James reissued a “hold” rating on shares of Whirlpool in a research note on Thursday, August 6th. Longbow Research raised their price target on shares of Whirlpool from $150.00 to $200.00 and gave the company a “buy” rating in a report on Friday, July 24th. Deutsche Bank raised their price target on shares of Whirlpool from $109.00 to $148.00 in a report on Friday, July 24th. Zacks Investment Research raised shares of Whirlpool from a “hold” rating to a “strong-buy” rating and set a $191.00 price target for the company in a report on Tuesday, July 28th. Finally, Bank of America raised their price target on shares of Whirlpool from $115.00 to $135.00 and gave the company a “neutral” rating in a report on Friday, June 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Whirlpool has a consensus rating of “Hold” and an average target price of $157.67.

About Whirlpool

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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