Whirlpool Co. (NYSE:WHR) is Lyrical Asset Management LP’s 10th Largest Position

Lyrical Asset Management LP raised its stake in Whirlpool Co. (NYSE:WHR) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,575,879 shares of the company’s stock after buying an additional 10,232 shares during the quarter. Whirlpool makes up approximately 3.9% of Lyrical Asset Management LP’s investment portfolio, making the stock its 10th largest position. Lyrical Asset Management LP owned about 2.52% of Whirlpool worth $284,430,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. BlackRock Inc. grew its holdings in shares of Whirlpool by 3.7% during the 4th quarter. BlackRock Inc. now owns 4,504,748 shares of the company’s stock worth $813,063,000 after purchasing an additional 161,533 shares during the period. State Street Corp grew its stake in shares of Whirlpool by 2.3% in the 3rd quarter. State Street Corp now owns 3,195,097 shares of the company’s stock valued at $587,546,000 after purchasing an additional 71,152 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in shares of Whirlpool by 230.1% in the third quarter. Nuveen Asset Management LLC now owns 1,550,716 shares of the company’s stock valued at $285,161,000 after buying an additional 1,080,892 shares in the last quarter. Boston Partners boosted its stake in shares of Whirlpool by 0.8% in the fourth quarter. Boston Partners now owns 1,293,427 shares of the company’s stock valued at $233,452,000 after buying an additional 10,530 shares in the last quarter. Finally, Newport Trust Co boosted its stake in shares of Whirlpool by 1.9% in the fourth quarter. Newport Trust Co now owns 1,241,644 shares of the company’s stock valued at $224,104,000 after buying an additional 23,323 shares in the last quarter. Institutional investors own 98.93% of the company’s stock.

NYSE WHR traded down $0.87 on Tuesday, hitting $191.82. 10,454 shares of the stock traded hands, compared to its average volume of 862,438. The stock has a 50-day moving average of $192.32 and a 200 day moving average of $187.76. Whirlpool Co. has a twelve month low of $64.00 and a twelve month high of $214.68. The company has a market capitalization of $12.08 billion, a P/E ratio of 14.77, a price-to-earnings-growth ratio of 0.90 and a beta of 2.01. 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 announced its quarterly earnings data on Tuesday, January 26th. The company reported $6.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $6.07 by $0.57. The firm had revenue of $5.80 billion for the quarter, compared to analysts’ expectations of $5.64 billion. Whirlpool had a return on equity of 22.08% and a net margin of 4.42%. Whirlpool’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.91 earnings per share. As a group, equities research analysts expect that Whirlpool Co. will post 13.24 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 15th. Stockholders of record on Friday, February 26th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Thursday, February 25th. Whirlpool’s payout ratio is 31.25%.

Separately, Zacks Investment Research cut Whirlpool from a “strong-buy” rating to a “hold” rating and set a $199.00 price target for the company. in a report on Wednesday, December 23rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $187.86.

In other news, EVP Joao Carlos Brega sold 6,866 shares of the stock in a transaction that occurred on Friday, February 5th. The stock was sold at an average price of $190.23, for a total transaction of $1,306,119.18. Following the sale, the executive vice president now directly owns 30,571 shares in the company, valued at approximately $5,815,521.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Marc R. Bitzer sold 25,821 shares of the stock in a transaction that occurred on Wednesday, January 27th. The stock was sold at an average price of $210.71, for a total value of $5,440,742.91. Following the sale, the chief executive officer now owns 25,821 shares in the company, valued at $5,440,742.91. The disclosure for this sale can be found here. Insiders have sold a total of 47,724 shares of company stock worth $9,820,094 over the last quarter. Insiders own 1.20% of the company’s stock.

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 and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.

Featured Story: CD Ladder

Want to see what other hedge funds are holding WHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whirlpool Co. (NYSE:WHR).

Institutional Ownership by Quarter for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.