Lamb Weston Holdings, Inc. (NYSE:LW) Shares Purchased by Natixis Advisors L.P.

Natixis Advisors L.P. increased its position in shares of Lamb Weston Holdings, Inc. (NYSE:LW) by 29.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 76,660 shares of the specialty retailer’s stock after acquiring an additional 17,571 shares during the quarter. Natixis Advisors L.P. owned approximately 0.05% of Lamb Weston worth $8,286,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its position in Lamb Weston by 259.8% during the fourth quarter. First Horizon Advisors Inc. now owns 1,439 shares of the specialty retailer’s stock worth $156,000 after acquiring an additional 1,039 shares during the last quarter. Great Valley Advisor Group Inc. raised its stake in Lamb Weston by 3.4% during the fourth quarter. Great Valley Advisor Group Inc. now owns 3,065 shares of the specialty retailer’s stock worth $332,000 after purchasing an additional 101 shares during the period. New York Life Investment Management LLC raised its stake in Lamb Weston by 2.2% during the fourth quarter. New York Life Investment Management LLC now owns 36,874 shares of the specialty retailer’s stock worth $3,986,000 after purchasing an additional 788 shares during the period. Victory Capital Management Inc. raised its stake in Lamb Weston by 0.9% during the fourth quarter. Victory Capital Management Inc. now owns 123,288 shares of the specialty retailer’s stock worth $13,326,000 after purchasing an additional 1,042 shares during the period. Finally, Savant Capital LLC purchased a new position in Lamb Weston during the fourth quarter worth approximately $373,000. Institutional investors and hedge funds own 89.56% of the company’s stock.

Lamb Weston Stock Performance

Lamb Weston stock opened at $83.16 on Thursday. Lamb Weston Holdings, Inc. has a 12-month low of $77.41 and a 12-month high of $117.38. The company has a market capitalization of $12.01 billion, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 1.38 and a beta of 0.79. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.19 and a quick ratio of 0.52. The firm’s fifty day moving average price is $92.65 and its 200 day moving average price is $98.33.

Lamb Weston (NYSE:LW) last announced its quarterly earnings data on Thursday, April 4th. The specialty retailer reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.40 by ($0.20). The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.65 billion. Lamb Weston had a return on equity of 50.74% and a net margin of 16.71%. Lamb Weston’s revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.43 earnings per share. On average, research analysts forecast that Lamb Weston Holdings, Inc. will post 5.54 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 3rd will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.73%. The ex-dividend date is Thursday, May 2nd. Lamb Weston’s dividend payout ratio is currently 19.23%.

Analyst Ratings Changes

A number of research firms have weighed in on LW. Stifel Nicolaus cut their price target on shares of Lamb Weston from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, April 5th. Bank of America cut their target price on shares of Lamb Weston from $138.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, April 5th. BNP Paribas assumed coverage on shares of Lamb Weston in a research note on Monday, March 11th. They issued an “outperform” rating and a $128.00 target price on the stock. Wells Fargo & Company cut their target price on shares of Lamb Weston from $128.00 to $98.00 and set an “overweight” rating on the stock in a research note on Friday, April 5th. Finally, Citigroup cut their target price on shares of Lamb Weston from $132.00 to $106.00 and set a “buy” rating on the stock in a research note on Monday, April 8th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $117.40.

Lamb Weston Profile

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.