Alpha Omega Wealth Management adds Whirlpool Corporation (WHR) to its portfolio

Whirlpool Corporation (WHR) : Alpha Omega Wealth Management added new position in Whirlpool Corporation during the most recent quarter end. The investment management firm now holds 6,516 shares of Whirlpool Corporation which is valued at $1,220,512 , the company said in a statement filed on Apr 21, 2016 with the SEC.Whirlpool Corporation makes up approximately 1.02% of Alpha Omega Wealth Management’s portfolio.

Whirlpool Corporation closed down -1.18 points or -0.66% at $178.25 with 13,11,593 shares getting traded on Wednesday. Post opening the session at $180.17, the shares hit an intraday low of $175.86 and an intraday high of $182 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , First Citizens Bank Trust Co added WHR to its portfolio by purchasing 1,200 company shares during the most recent quarter which is valued at $224,772. Whirlpool Corporation makes up approx 0.02% of First Citizens Bank Trust Co’s portfolio.Highland Capital Management reduced its stake in WHR by selling 2,322 shares or 19.66% in the most recent quarter. The Hedge Fund company now holds 9,490 shares of WHR which is valued at $1,768,936. Whirlpool Corporation makes up approx 0.15% of Highland Capital Management’s portfolio.Swarthmore Group Inc reduced its stake in WHR by selling 186,100 shares or 90.82% in the most recent quarter. The Hedge Fund company now holds 18,800 shares of WHR which is valued at $3,504,320. Whirlpool Corporation makes up approx 0.53% of Swarthmore Group Inc’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in WHR in the latest quarter, The investment management firm added 2,558 additional shares and now holds a total of 18,168 shares of Whirlpool Corporation which is valued at $3,386,515. Whirlpool Corporation makes up approx 0.08% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.

On the company’s financial health, Whirlpool Corporation reported $2.63 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus of $2.69. The company had revenue of $4616.00 million for the quarter, compared to analysts expectations of $4687.13 million. The company’s revenue was down -4.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.02 EPS.

Many Wall Street Analysts have commented on Whirlpool Corporation. Company shares were Reiterated by MKM Partners on Apr 1, 2016 to “Buy”, Firm has raised the Price Target to $ 204 from a previous price target of $175 .Whirlpool Corporation was Upgraded by Goldman to ” Buy” on Feb 4, 2016. Company shares were Reiterated by RBC Capital Mkts on Feb 1, 2016 to “Top Pick”, Firm has raised the Price Target to $ 169 from a previous price target of $163 .

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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