Tradition Capital Management buys $5.9 Million stake in Whirlpool Corporation (WHR)

Whirlpool Corporation (WHR) : Tradition Capital Management scooped up 3,145 additional shares in Whirlpool Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 35,045 shares of Whirlpool Corporation which is valued at $5.9 Million.Whirlpool Corporation makes up approximately 1.97% of Tradition Capital Management’s portfolio.

Other Hedge Funds, Including , Landscape Capital Management L.l.c. reduced its stake in WHR by selling 61 shares or 0.67% in the most recent quarter. The Hedge Fund company now holds 9,059 shares of WHR which is valued at $1.5 Million. Whirlpool Corporation makes up approx 0.19% of Landscape Capital Management L.l.c.’s portfolio.Ls Investment Advisors reduced its stake in WHR by selling 13 shares or 0.36% in the most recent quarter. The Hedge Fund company now holds 3,640 shares of WHR which is valued at $614,141. Whirlpool Corporation makes up approx 0.05% of Ls Investment Advisors’s portfolio.Winton Capital Group Ltd reduced its stake in WHR by selling 63,405 shares or 74.7% in the most recent quarter. The Hedge Fund company now holds 21,479 shares of WHR which is valued at $3.8 Million. Whirlpool Corporation makes up approx 0.04% of Winton Capital Group Ltd’s portfolio.

Whirlpool Corporation closed down -1.14 points or -0.68% at $167.58 with 17,60,818 shares getting traded on Monday. Post opening the session at $168.56, the shares hit an intraday low of $165.06 and an intraday high of $168.86 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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 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.

Leave a Reply

Whirlpool Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Whirlpool Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.