Greenhaven Associates Inc Lowers stake in Whirlpool Corporation (WHR)

Whirlpool Corporation (WHR) : Greenhaven Associates Inc reduced its stake in Whirlpool Corporation by 0.19% during the most recent quarter end. The investment management company now holds a total of 2,625,238 shares of Whirlpool Corporation which is valued at $493,098,454 after selling 5,033 shares in Whirlpool Corporation , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Whirlpool Corporation makes up approximately 9.24% of Greenhaven Associates Inc’s portfolio.

Other Hedge Funds, Including , Utah Retirement Systems reduced its stake in WHR by selling 500 shares or 3.53% in the most recent quarter. The Hedge Fund company now holds 13,659 shares of WHR which is valued at $2,565,570. Whirlpool Corporation makes up approx 0.07% of Utah Retirement Systems’s portfolio.Concert Wealth Management boosted its stake in WHR in the latest quarter, The investment management firm added 141 additional shares and now holds a total of 1,418 shares of Whirlpool Corporation which is valued at $272,766. Whirlpool Corporation makes up approx 0.04% of Concert Wealth Management’s portfolio.Trinity Street Asset Management Llp reduced its stake in WHR by selling 91,073 shares or 25.75% in the most recent quarter. The Hedge Fund company now holds 262,647 shares of WHR which is valued at $50,065,771. Whirlpool Corporation makes up approx 10.82% of Trinity Street Asset Management Llp’s portfolio. First Quadrant L Pca sold out all of its stake in WHR during the most recent quarter. The investment firm sold 72,200 shares of WHR which is valued $13,260,974.Nordea Investment Management Ab boosted its stake in WHR in the latest quarter, The investment management firm added 70 additional shares and now holds a total of 3,177 shares of Whirlpool Corporation which is valued at $583,520.

Whirlpool Corporation (WHR) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $190.65 and reached the intraday high at $190.65. The bulls started the profit booking and pushed the shares to intraday low of $188.67. The trading session was marked by a volume range of 3,91,495 shares exchanging hands. The 52-week high of the shares is $194.1 and the 52-week low is $123.6. The market cap of the company stands at $14,301 M and there are 7,54,44,274 shares in public circulation.

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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