Short Interest Worth Watching: Is Whirlpool Corporation (NYSE:WHR) a Buy? The Stock Reported more Sellers

November 21, 2016 - By Richard Conner   ·   0 Comments

Short Interest Worth Watching: Is Whirlpool Corporation (NYSE:WHR) a Buy? The Stock Reported more Sellers

The stock of Whirlpool Corporation (NYSE:WHR) registered an increase of 12.64% in short interest. WHR’s total short interest was 4.76 million shares in November as published by FINRA. Its up 12.64% from 4.22M shares, reported previously. With 947,800 shares average volume, it will take short sellers 5 days to cover their WHR’s short positions. The short interest to Whirlpool Corporation’s float is 6.34%. About 205,500 shares traded hands. Whirlpool Corporation (NYSE:WHR) has declined 15.30% since April 19, 2016 and is downtrending. It has underperformed by 19.16% the S&P500.

Whirlpool Corporation is a manufacturer and marketer of home appliances. The company has a market cap of $11.98 billion. The Firm makes products in approximately 15 countries and markets products around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. It has a 14.12 P/E ratio. The Company’s divisions include North America, Latin America, EMEA and Asia.

Insitutional Activity: The institutional sentiment increased to 1.16 in Q2 2016. Its up 0.05, from 1.11 in 2016Q1. The ratio increased, as 50 funds sold all Whirlpool Corporation shares owned while 189 reduced positions. 76 funds bought stakes while 189 increased positions. They now own 65.34 million shares or 4.77% less from 68.61 million shares in 2016Q1.
Paloma Prns reported 11,730 shares or 0.02% of all its holdings. The Georgia-based Homrich Berg has invested 0.02% in Whirlpool Corporation (NYSE:WHR). Pub Employees Retirement Association Of Colorado has invested 0.02% of its portfolio in Whirlpool Corporation (NYSE:WHR). Fin holds 0.01% of its portfolio in Whirlpool Corporation (NYSE:WHR) for 59 shares. Ibm Retirement Fund holds 0.06% of its portfolio in Whirlpool Corporation (NYSE:WHR) for 8,804 shares. Nomura Asset Mgmt Co holds 0.04% of its portfolio in Whirlpool Corporation (NYSE:WHR) for 11,434 shares. De Burlo Group holds 0.62% or 15,500 shares in its portfolio. Chevy Chase Tru has 0.06% invested in the company for 65,610 shares. Moreover, Mutual Of America Capital Ltd Liability Corporation has 0.03% invested in Whirlpool Corporation (NYSE:WHR) for 8,833 shares. Regentatlantic Ltd, a New Jersey-based fund reported 2,967 shares. Advisor Prns Llc holds 1,515 shares or 0.09% of its portfolio. Northern Tru Corp owns 990,582 shares or 0.05% of their US portfolio. Alpine Woods Invsts Limited Liability Com has 47,600 shares for 0.47% of their US portfolio. California State Teachers Retirement System holds 161,314 shares or 0.06% of its portfolio. Tyvor Cap Ltd Co has 34,067 shares for 1.81% of their US portfolio.

Insider Transactions: Since August 1, 2016, the stock had 0 insider buys, and 5 insider sales for $23.85 million net activity. 1,012 Whirlpool Corporation (NYSE:WHR) shares with value of $192,280 were sold by Bitzer Marc R. Brega Joao Carlos also sold $2.74 million worth of Whirlpool Corporation (NYSE:WHR) shares. The insider FETTIG JEFF M sold 91,000 shares worth $17.24 million. Shares for $1.87 million were sold by SZCZUPAK DAVID T.

Whirlpool Corporation (NYSE:WHR) Ratings Coverage

Out of 6 analysts covering Whirlpool (NYSE:WHR), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Whirlpool has been the topic of 12 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Goldman Sachs given on Thursday, February 4. The firm earned “Hold” rating on Monday, September 12 by Gabelli. The stock of Whirlpool Corporation (NYSE:WHR) has “Buy” rating given on Friday, April 1 by M Partners. On Monday, October 17 the stock rating was downgraded by M Partners to “Neutral”. The stock of Whirlpool Corporation (NYSE:WHR) has “Top Pick” rating given on Monday, October 26 by RBC Capital Markets. The stock of Whirlpool Corporation (NYSE:WHR) earned “Buy” rating by Gabelli on Tuesday, October 27. JP Morgan upgraded the shares of WHR in a report on Tuesday, March 15 to “Overweight” rating. The firm has “Top Pick” rating by RBC Capital Markets given on Tuesday, September 15. On Tuesday, October 6 the stock rating was initiated by Goldman Sachs with “Neutral”. M Partners maintained the shares of WHR in a report on Monday, December 7 with “Buy” rating.

WHR Company Profile

Whirlpool Corporation, incorporated on August 10, 1955, is a maker and marketer of home appliances. The Firm makes products in approximately 15 countries and markets products around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Company’s divisions include North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Firm makes and markets a line of home appliances and related products. The Company’s 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.

More important recent Whirlpool Corporation (NYSE:WHR) news were published by: Prnewswire.com which released: “Whirlpool Corporation Receives U.S. EPA 2016 SmartWay Excellence Award” on November 17, 2016, also Prnewswire.com published article titled: “WLabs of Whirlpool Corporation Turns Food Scraps into Fertilizer with New Zera …”, Fool.com published: “Why Whirlpool Corporation Stock Sank Today” on October 25, 2016. More interesting news about Whirlpool Corporation (NYSE:WHR) was released by: Prnewswire.com and their article: “Whirlpool Corporation Breaks Ground on Newest Wind Project” with publication date: October 26, 2016.

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By Richard Conner


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