Whirlpool Corp (NYSE:WHR).
Appaloosa Lp says it decreased its investment in Whirlpool Corp shares by 24,342 shares in the last quarter. Its investment was worth $67,501,000 a decrease of $7,292,000 as of the end of the quarter.
Several firms have shifted positions in (WHR). Tredje Ap-fonden grew its position by buying 9,440 shares an increase of 330.1% from 06/30/2017 to 09/30/2017. Tredje Ap-fonden now holds 12,300 shares worth $2,269,000. The value of the position overall is up by 314.1%. Raymond James & Associates reduced its stake by shedding 7,848 shares a decrease of 19.4%. Raymond James & Associates owns 32,670 shares valued at $6,027,000. The total value of its holdings decreased 22.4%.
Hosking Partners Llp augmented its investment by buying 135 shares an increase of 0.3% as of 09/30/2017. Hosking Partners Llp now controls 41,352 shares with a value of $7,627,000. The total value of its holdings decreased 3.4%.
On October 24, 2017 Credit Suisse Group issued a report on WHR stating a rating of “Neutral” and price target of $187.00.
October 10 investment analysts at Royal Bank Of Canada held the company rating at “Buy” with a current price target of $209.00.
Equity analyst MKM Partners released research on WHR and giving a rating of “Hold” and establishing a price target of $177.00.
In the market the company is trading up by 0.30% since yesterday’s close of 160.98. Whirlpool Corp currently has a P/E ratio of 15.23 and the market cap of the company is 11.60B. As of the latest earnings report the EPS was $10.60 with 71.86M shares currently outstanding.
Investors are a little more bearish on the company if you look at the rise in short interest. The company saw a rise in short interest from September 29, 2017 to October 13, 2017 of 1.45%. Short shares grew 65,721 over that timeframe. Days to cover increased from 6.0 to 7.0 and the short interest percentage is 0.06% as of October 13.