Todd Asset Management adds Whirlpool Corporation (WHR) to its portfolio

Whirlpool Corporation (WHR) : Todd Asset Management added new position in Whirlpool Corporation during the most recent quarter end. The investment management firm now holds 151,568 shares of Whirlpool Corporation which is valued at $28,469,017 , the company said in a statement filed on Aug 1, 2016 with the SEC.Whirlpool Corporation makes up approximately 0.88% of Todd Asset Management’s portfolio.

Other Hedge Funds, Including , Zurcher Kantonalbank (zurich Cantonalbank) boosted its stake in WHR in the latest quarter, The investment management firm added 8,950 additional shares and now holds a total of 22,217 shares of Whirlpool Corporation which is valued at $4,173,019. Whirlpool Corporation makes up approx 0.05% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Tokio Marine Asset Management Co Ltd reduced its stake in WHR by selling 87 shares or 3.03% in the most recent quarter. The Hedge Fund company now holds 2,786 shares of WHR which is valued at $531,067. Whirlpool Corporation makes up approx 0.05% of Tokio Marine Asset Management Co Ltd’s portfolio. Sigma Planning Corp added WHR to its portfolio by purchasing 1,359 company shares during the most recent quarter which is valued at $254,962. Whirlpool Corporation makes up approx 0.03% of Sigma Planning Corp’s portfolio.Coastline Trust Co boosted its stake in WHR in the latest quarter, The investment management firm added 85 additional shares and now holds a total of 10,765 shares of Whirlpool Corporation which is valued at $1,977,208. Whirlpool Corporation makes up approx 0.39% of Coastline Trust Co’s portfolio.

Whirlpool Corporation opened for trading at $188.34 and hit $189.84 on the upside on Thursday, eventually ending the session at $189.21, with a gain of 0.73% or 1.38 points. The heightened volatility saw the trading volume jump to 6,31,072 shares. Company has a market cap of $14,275 M.

On the company’s financial health, Whirlpool Corporation reported $3.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $3.37. The company had revenue of $5198.00 million for the quarter, compared to analysts expectations of $5130.20 million. The company’s revenue was down -.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.70 EPS.

Many Wall Street Analysts have commented on Whirlpool Corporation. Whirlpool Corporation was Upgraded by Raymond James to ” Strong Buy” on Jul 25, 2016. Company shares were Reiterated by MKM Partners on Jul 25, 2016 to “Buy”, Firm has raised the Price Target to $ 215 from a previous price target of $204 .

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names such as Whirlpool KitchenAid Maytag Consul Brastemp Amana Bauknecht Jenn-Air and Indesit. The Company’s reportable segments consist of North America Latin America EMEA (Europe Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances refrigerators and freezers cooking appliances dishwashers mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.

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