Whirlpool Corporation (WHR) : Swarthmore Group Inc reduced its stake in Whirlpool Corporation by 90.82% during the most recent quarter end. The investment management company now holds a total of 18,800 shares of Whirlpool Corporation which is valued at $3,504,320 after selling 186,100 shares in Whirlpool Corporation , the firm said in a disclosure report filed with the SEC on Apr 13, 2016.Whirlpool Corporation makes up approximately 0.53% of Swarthmore Group Inc’s portfolio.
Whirlpool Corporation opened for trading at $186.6 and hit $190.68 on the upside on Monday, eventually ending the session at $190, with a gain of 1.93% or 3.6 points. The heightened volatility saw the trading volume jump to 8,96,807 shares. Company has a market cap of $14,674 M.
Other Hedge Funds, Including , Somerset Trust Co boosted its stake in WHR in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 12,710 shares of Whirlpool Corporation which is valued at $2,369,144. Whirlpool Corporation makes up approx 1.55% of Somerset Trust Co’s portfolio.Capstone Asset Management Co reduced its stake in WHR by selling 436 shares or 4.49% in the most recent quarter. The Hedge Fund company now holds 9,282 shares of WHR which is valued at $1,730,165. Whirlpool Corporation makes up approx 0.05% of Capstone Asset Management Co’s portfolio.Central Trust Co boosted its stake in WHR in the latest quarter, The investment management firm added 684 additional shares and now holds a total of 869 shares of Whirlpool Corporation which is valued at $161,982. Whirlpool Corporation makes up approx 0.01% of Central Trust Co’s portfolio.
On the company’s financial health, Whirlpool Corporation reported $4.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.22 according to the earnings call on Jan 29, 2016. Analyst had a consensus of $3.88. The company had revenue of $5560.00 million for the quarter, compared to analysts expectations of $5735.93 million. The company’s revenue was down -7.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $3.52 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.