Cwm LLC Has $3.43 Million Stake in Lamb Weston Holdings, Inc. (NYSE:LW)

Cwm LLC lifted its stake in Lamb Weston Holdings, Inc. (NYSE:LW) by 629.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,741 shares of the specialty retailer’s stock after acquiring an additional 27,388 shares during the quarter. Cwm LLC’s holdings in Lamb Weston were worth $3,431,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. VisionPoint Advisory Group LLC increased its position in shares of Lamb Weston by 113.4% in the third quarter. VisionPoint Advisory Group LLC now owns 303 shares of the specialty retailer’s stock valued at $28,000 after acquiring an additional 161 shares during the last quarter. FinTrust Capital Advisors LLC grew its holdings in Lamb Weston by 24.4% during the third quarter. FinTrust Capital Advisors LLC now owns 582 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 114 shares during the period. Private Trust Co. NA grew its holdings in Lamb Weston by 17.6% during the third quarter. Private Trust Co. NA now owns 1,084 shares of the specialty retailer’s stock worth $100,000 after purchasing an additional 162 shares during the period. Desjardins Global Asset Management Inc. grew its holdings in Lamb Weston by 537.1% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 1,134 shares of the specialty retailer’s stock worth $123,000 after purchasing an additional 956 shares during the period. Finally, ZRC Wealth Management LLC bought a new position in Lamb Weston during the fourth quarter worth about $129,000. Institutional investors and hedge funds own 89.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LW shares. StockNews.com cut Lamb Weston from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Stifel Nicolaus reduced their price target on Lamb Weston from $130.00 to $115.00 and set a “buy” rating for the company in a report on Friday, April 5th. BNP Paribas started coverage on Lamb Weston in a report on Monday, March 11th. They set an “outperform” rating and a $128.00 price target for the company. Bank of America reduced their price target on Lamb Weston from $138.00 to $113.00 and set a “buy” rating for the company in a report on Friday, April 5th. Finally, Barclays reduced their price target on Lamb Weston from $125.00 to $105.00 and set an “overweight” rating for the company in a report on Monday, April 8th. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, Lamb Weston has an average rating of “Moderate Buy” and an average target price of $117.40.

Lamb Weston Trading Up 1.0 %

Shares of LW stock opened at $84.52 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.52 and a debt-to-equity ratio of 1.81. The stock has a market cap of $12.20 billion, a P/E ratio of 11.28, a price-to-earnings-growth ratio of 1.36 and a beta of 0.72. The stock has a 50 day simple moving average of $96.26 and a 200 day simple moving average of $98.62. Lamb Weston Holdings, Inc. has a 1 year low of $77.41 and a 1 year high of $117.38.

Lamb Weston (NYSE:LW) last issued its quarterly earnings results on Thursday, April 4th. The specialty retailer reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.40 by ($0.20). The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.65 billion. Lamb Weston had a net margin of 16.71% and a return on equity of 50.74%. The company’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.43 earnings per share. On average, research analysts predict that Lamb Weston Holdings, Inc. will post 5.52 earnings per share for the current fiscal year.

Lamb Weston Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 3rd will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $1.44 annualized dividend and a yield of 1.70%. Lamb Weston’s dividend payout ratio is currently 19.23%.

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.