Lamb Weston Holdings, Inc. (NYSE:LW) Stake Raised by Howe & Rusling Inc.

Howe & Rusling Inc. boosted its stake in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 30.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 89,960 shares of the specialty retailer's stock after purchasing an additional 21,212 shares during the period. Howe & Rusling Inc. owned about 0.06% of Lamb Weston worth $6,012,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its stake in Lamb Weston by 0.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,213,508 shares of the specialty retailer's stock worth $78,563,000 after purchasing an additional 9,614 shares in the last quarter. Citigroup Inc. increased its stake in shares of Lamb Weston by 39.3% during the third quarter. Citigroup Inc. now owns 156,242 shares of the specialty retailer's stock worth $10,115,000 after buying an additional 44,057 shares during the period. Cerity Partners LLC lifted its stake in Lamb Weston by 172.9% in the third quarter. Cerity Partners LLC now owns 25,063 shares of the specialty retailer's stock worth $1,623,000 after acquiring an additional 15,878 shares during the last quarter. Larson Financial Group LLC lifted its stake in Lamb Weston by 614.4% in the third quarter. Larson Financial Group LLC now owns 693 shares of the specialty retailer's stock worth $45,000 after acquiring an additional 596 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in Lamb Weston by 13.6% during the 3rd quarter. Daiwa Securities Group Inc. now owns 20,680 shares of the specialty retailer's stock worth $1,339,000 after acquiring an additional 2,482 shares in the last quarter. Institutional investors and hedge funds own 89.56% of the company's stock.

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Lamb Weston Trading Down 1.7 %

NYSE:LW traded down $0.91 on Monday, reaching $53.11. The stock had a trading volume of 566,782 shares, compared to its average volume of 2,591,455. Lamb Weston Holdings, Inc. has a 12-month low of $47.90 and a 12-month high of $105.55. The firm's fifty day moving average is $55.73 and its two-hundred day moving average is $65.88. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.35 and a quick ratio of 0.53. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 20.98, a P/E/G ratio of 1.40 and a beta of 0.76.

Lamb Weston Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 2nd will be issued a $0.37 dividend. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.79%. Lamb Weston's dividend payout ratio (DPR) is presently 58.50%.

Insider Transactions at Lamb Weston

In other news, Director Robert A. Niblock acquired 3,000 shares of the firm's stock in a transaction on Monday, January 13th. The stock was bought at an average cost of $60.94 per share, with a total value of $182,820.00. Following the transaction, the director now directly owns 26,406 shares in the company, valued at approximately $1,609,181.64. This represents a 12.82 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.72% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $57.00 price target on shares of Lamb Weston in a research report on Wednesday, March 19th. Citigroup downgraded shares of Lamb Weston from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $90.00 to $68.00 in a research report on Friday, December 20th. StockNews.com raised shares of Lamb Weston to a "sell" rating in a report on Monday, February 24th. Barclays lowered their price target on Lamb Weston from $87.00 to $69.00 and set an "overweight" rating on the stock in a report on Monday, December 23rd. Finally, Jefferies Financial Group upped their price objective on Lamb Weston from $80.00 to $95.00 and gave the company a "buy" rating in a research note on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $74.55.

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.