Lamb Weston Holdings, Inc. (NYSE:LW) Shares Acquired by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. increased its position in shares of Lamb Weston Holdings, Inc. (NYSE:LW) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,840 shares of the specialty retailer’s stock after purchasing an additional 230 shares during the period. SRS Capital Advisors Inc.’s holdings in Lamb Weston were worth $307,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Lamb Weston by 28.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 104,527 shares of the specialty retailer’s stock valued at $9,665,000 after buying an additional 23,085 shares in the last quarter. Mutual of America Capital Management LLC lifted its holdings in shares of Lamb Weston by 84.6% in the 4th quarter. Mutual of America Capital Management LLC now owns 37,844 shares of the specialty retailer’s stock valued at $4,091,000 after purchasing an additional 17,344 shares during the last quarter. Lmcg Investments LLC boosted its position in shares of Lamb Weston by 2.2% in the 3rd quarter. Lmcg Investments LLC now owns 13,946 shares of the specialty retailer’s stock valued at $1,289,000 after purchasing an additional 304 shares during the period. Wakefield Asset Management LLLP purchased a new position in Lamb Weston during the 4th quarter worth approximately $3,302,000. Finally, Ingalls & Snyder LLC acquired a new position in Lamb Weston during the fourth quarter worth approximately $210,000. 89.56% of the stock is currently owned by institutional investors and hedge funds.

Lamb Weston Price Performance

NYSE:LW traded up $0.60 during trading hours on Friday, hitting $85.08. The company’s stock had a trading volume of 1,686,348 shares, compared to its average volume of 3,429,672. Lamb Weston Holdings, Inc. has a 52-week low of $77.41 and a 52-week high of $117.38. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.52 and a current ratio of 1.19. The business’s 50-day moving average is $93.67 and its two-hundred day moving average is $98.31. The company has a market capitalization of $12.28 billion, a PE ratio of 11.36, a PEG ratio of 1.37 and a beta of 0.79.

Lamb Weston (NYSE:LW) last issued its earnings results 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). Lamb Weston had a return on equity of 50.74% and a net margin of 16.71%. The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the company posted $1.43 earnings per share. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. As a group, research analysts anticipate that Lamb Weston Holdings, Inc. will post 5.54 EPS for the current fiscal year.

Lamb Weston Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 3rd will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.69%. The ex-dividend date is Thursday, May 2nd. Lamb Weston’s dividend payout ratio (DPR) is 19.23%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LW shares. Barclays lowered their target price on shares of Lamb Weston from $125.00 to $105.00 and set an “overweight” rating on the stock in a research report on Monday, April 8th. StockNews.com lowered shares of Lamb Weston from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. Wells Fargo & Company decreased their target price on shares of Lamb Weston from $128.00 to $98.00 and set an “overweight” rating for the company in a research note on Friday, April 5th. Citigroup dropped their price target on Lamb Weston from $132.00 to $106.00 and set a “buy” rating on the stock in a research report on Monday, April 8th. Finally, BNP Paribas assumed coverage on Lamb Weston in a research report on Monday, March 11th. They set an “outperform” rating and a $128.00 price objective for the company. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $117.40.

Lamb Weston Company 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.