Caxton Associates Lp buys $44,353,845 stake in Whirlpool Corporation (WHR)

Whirlpool Corporation (WHR) : Caxton Associates Lp scooped up 226,000 additional shares in Whirlpool Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 238,500 shares of Whirlpool Corporation which is valued at $44,353,845.Whirlpool Corporation makes up approximately 1.83% of Caxton Associates Lp’s portfolio.

Other Hedge Funds, Including , Groesbeck Investment Management Corp Nj added WHR to its portfolio by purchasing 8,316 company shares during the most recent quarter which is valued at $1,546,527. Whirlpool Corporation makes up approx 1.07% of Groesbeck Investment Management Corp Nj’s portfolio.Md Sass Investors Services Inc boosted its stake in WHR in the latest quarter, The investment management firm added 28,692 additional shares and now holds a total of 339,729 shares of Whirlpool Corporation which is valued at $63,179,402. Whirlpool Corporation makes up approx 3.22% of Md Sass Investors Services Inc’s portfolio.Pioneer Investment Management Inc boosted its stake in WHR in the latest quarter, The investment management firm added 57,138 additional shares and now holds a total of 320,844 shares of Whirlpool Corporation which is valued at $59,667,359. Whirlpool Corporation makes up approx 0.21% of Pioneer Investment Management Inc’s portfolio.California Public Employees Retirement System reduced its stake in WHR by selling 6,400 shares or 3.12% in the most recent quarter. The Hedge Fund company now holds 198,811 shares of WHR which is valued at $37,342,670. Whirlpool Corporation makes up approx 0.06% of California Public Employees Retirement System’s portfolio.

Whirlpool Corporation opened for trading at $181 and hit $182.63 on the upside on Monday, eventually ending the session at $181.34, with a gain of 0.18% or 0.32 points. The heightened volatility saw the trading volume jump to 4,90,978 shares. Company has a market cap of $13,681 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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