Whirlpool Corporation (WHR) : Spinnaker Trust reduced its stake in Whirlpool Corporation by 82.39% during the most recent quarter end. The investment management company now holds a total of 2,826 shares of Whirlpool Corporation which is valued at $530,808 after selling 13,220 shares in Whirlpool Corporation , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Whirlpool Corporation makes up approximately 0.07% of Spinnaker Trust’s portfolio.
Other Hedge Funds, Including , Wcg Management sold out all of its stake in WHR during the most recent quarter. The investment firm sold 8,400 shares of WHR which is valued $1,577,772. Umb Bank N Amo added WHR to its portfolio by purchasing 1,236 company shares during the most recent quarter which is valued at $235,606. Whirlpool Corporation makes up approx 0.01% of Umb Bank N Amo’s portfolio.Trust Co Of Vermont boosted its stake in WHR in the latest quarter, The investment management firm added 23 additional shares and now holds a total of 173 shares of Whirlpool Corporation which is valued at $31,775.Fox Run Management L.l.c. reduced its stake in WHR by selling 100 shares or 5.56% in the most recent quarter. The Hedge Fund company now holds 1,700 shares of WHR which is valued at $312,239. Whirlpool Corporation makes up approx 0.14% of Fox Run Management L.l.c.’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in WHR in the latest quarter, The investment management firm added 860 additional shares and now holds a total of 19,664 shares of Whirlpool Corporation which is valued at $3,370,016. Whirlpool Corporation makes up approx 0.07% of Exxonmobil Investment Management Inc Tx’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.