Stoneridge Investment Partners buys $8,510,230 stake in Whirlpool Corporation (WHR)

Whirlpool Corporation (WHR) : Stoneridge Investment Partners scooped up 7,635 additional shares in Whirlpool Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 25, 2016. The investment management firm now holds a total of 44,645 shares of Whirlpool Corporation which is valued at $8,510,230.Whirlpool Corporation makes up approximately 1.20% of Stoneridge Investment Partners’s portfolio.

Other Hedge Funds, Including , Louisiana State Employees Retirement System reduced its stake in WHR by selling 200 shares or 3.85% in the most recent quarter. The Hedge Fund company now holds 5,000 shares of WHR which is valued at $953,100. Whirlpool Corporation makes up approx 0.05% of Louisiana State Employees Retirement System’s portfolio. Bremer Trust National Association added WHR to its portfolio by purchasing 3,891 company shares during the most recent quarter which is valued at $729,991. Whirlpool Corporation makes up approx 0.20% of Bremer Trust National Association’s portfolio. Mutual Of Omaha Bank Wealth Management added WHR to its portfolio by purchasing 2,750 company shares during the most recent quarter which is valued at $477,923. Whirlpool Corporation makes up approx 0.16% of Mutual Of Omaha Bank Wealth Management’s portfolio.

Whirlpool Corporation closed down -0.02 points or -0.01% at $192.36 with 9,62,250 shares getting traded on Friday. Post opening the session at $192.9, the shares hit an intraday low of $191.29 and an intraday high of $193.59 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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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