Whirlpool Corporation’s Stock Is Sell After Today’s Bearish Options Activity

 Whirlpool Corporation's Stock Is Sell After Today's Bearish Options Activity

In today’s session Whirlpool Corporation (WHR) recorded an unusually high (2,013) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious WHR decrease. With 2,013 contracts traded and 374 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: WHR161118P00162500 closed last at: $2.91 or 54% up. About 268,832 shares traded hands. Whirlpool Corporation (NYSE:WHR) has declined 13.03% since April 13, 2016 and is downtrending. It has underperformed by 16.95% the S&P500.

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. RBC Capital Markets maintained the shares of WHR in a report on Monday, October 26 with “Top Pick” rating. The rating was maintained by M Partners with “Buy” on Friday, April 1. Goldman Sachs initiated Whirlpool Corporation (NYSE:WHR) on Tuesday, October 6 with “Neutral” rating. The stock of Whirlpool Corporation (NYSE:WHR) has “Top Pick” rating given on Tuesday, September 15 by RBC Capital Markets. JP Morgan upgraded the shares of WHR in a report on Tuesday, March 15 to “Overweight” rating. M Partners downgraded the shares of WHR in a report on Monday, October 17 to “Neutral” rating. On Thursday, August 13 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was initiated on Tuesday, October 27 by Gabelli. The firm has “Hold” rating by Gabelli given on Monday, September 12. M Partners maintained the stock with “Buy” rating in Monday, December 7 report.

According to Zacks Investment Research, “Whirlpool Corp. manufactures and markets a full line of major appliances and related products, primarily for home use. The company’s principal products are home laundry appliances, home refrigerators and freezers, home cooking appliances, home dishwashers, room air-conditioning equipment, and mixers and other small household appliances. The company also produces hermetic compressors and plastic components, primarily for the home appliance and electronics industries.”

Insitutional Activity: The institutional sentiment decreased to 1.11 in Q2 2016. Its down 0.08, from 1.19 in 2016Q1. The ratio dived, 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.
Meeder Asset has 5,061 shares for 0.08% of their US portfolio. Strs Ohio has invested 0% of its portfolio in Whirlpool Corporation (NYSE:WHR). Hm Payson has invested 0.05% of its portfolio in Whirlpool Corporation (NYSE:WHR). Delphi Mgmt Ma accumulated 0.95% or 8,937 shares. Piedmont Inv Advisors Limited Liability Com, a North Carolina-based fund reported 1 shares. Arizona State Retirement Systems holds 18,629 shares or 0.04% of its portfolio. Alpine Woods Cap accumulated 0.47% or 47,600 shares. Us Comml Bank De last reported 0.04% of its portfolio in the stock. Ladenburg Thalmann Serv accumulated 0.01% or 2,509 shares. Bankshares Of New York Mellon has 647,052 shares for 0.03% of their US portfolio. Axa has 10,600 shares for 0.01% of their US portfolio. Wells Fargo & Company Mn accumulated 0.04% or 587,757 shares. Raymond James Associate holds 40,378 shares or 0.02% of its portfolio. Comerica Bancorp reported 19,807 shares or 0.03% of all its holdings. Balyasny Asset Mngmt last reported 0.04% of its portfolio in the stock.

Insider Transactions: Since August 1, 2016, the stock had 0 insider buys, and 5 insider sales for $23.85 million net activity. FETTIG JEFF M had sold 91,000 shares worth $17.24 million. $1.87M worth of shares were sold by SZCZUPAK DAVID T on Wednesday, September 7. Brega Joao Carlos also sold $2.74 million worth of Whirlpool Corporation (NYSE:WHR) on Monday, August 1. Bitzer Marc R sold $192,280 worth of Whirlpool Corporation (NYSE:WHR) on Tuesday, August 2.

Whirlpool Corporation is a manufacturer and marketer of home appliances. The company has a market cap of $12.26 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 14.25 P/E ratio. The Company’s divisions include North America, Latin America, EMEA and Asia.

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: “WLabs of Whirlpool Corporation Turns Food Scraps into Fertilizer with New Zera …” on November 15, 2016, also Prnewswire.com published article titled: “Whirlpool Corporation To Construct New Warehouse In New Kingston”, 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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