Lamb Weston Holdings, Inc. (NYSE:LW) Stock Holdings Increased by Sei Investments Co.

Sei Investments Co. grew its holdings in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 116,036 shares of the specialty retailer's stock after acquiring an additional 10,855 shares during the quarter. Sei Investments Co. owned 0.08% of Lamb Weston worth $7,755,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cerity Partners LLC increased its position in shares of Lamb Weston by 172.9% during the third quarter. Cerity Partners LLC now owns 25,063 shares of the specialty retailer's stock worth $1,623,000 after purchasing an additional 15,878 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Lamb Weston by 33.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 125,014 shares of the specialty retailer's stock worth $8,093,000 after acquiring an additional 31,363 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Lamb Weston by 23.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,963 shares of the specialty retailer's stock valued at $3,688,000 after acquiring an additional 10,665 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Lamb Weston by 7.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 846,652 shares of the specialty retailer's stock worth $54,812,000 after acquiring an additional 59,385 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its position in shares of Lamb Weston by 10.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,177 shares of the specialty retailer's stock worth $400,000 after purchasing an additional 600 shares in the last quarter. 89.56% of the stock is owned by institutional investors and hedge funds.

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Insiders Place Their Bets

In other news, Director Robert A. Niblock acquired 3,000 shares of the company's stock in a transaction that occurred on Monday, January 13th. The shares were acquired at an average price of $60.94 per share, with a total value of $182,820.00. Following the acquisition, the director now directly owns 26,406 shares in the company, valued at approximately $1,609,181.64. The trade was a 12.82 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on LW shares. Barclays lowered their target price on Lamb Weston from $87.00 to $69.00 and set an "overweight" rating on the stock in a report on Monday, December 23rd. Citigroup downgraded shares of Lamb Weston from a "buy" rating to a "neutral" rating and cut their target price for the company from $90.00 to $68.00 in a research note on Friday, December 20th. StockNews.com upgraded shares of Lamb Weston to a "sell" rating in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $57.00 price target on shares of Lamb Weston in a research note on Wednesday, March 19th. Finally, Sanford C. Bernstein began coverage on Lamb Weston in a research report on Tuesday, December 3rd. They set a "market perform" rating and a $85.00 target price on the stock. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Lamb Weston currently has a consensus rating of "Hold" and an average price target of $74.55.

Lamb Weston Stock Performance

LW traded down $0.09 during trading hours on Tuesday, hitting $53.21. 4,601,200 shares of the stock were exchanged, compared to its average volume of 2,803,648. The stock has a market cap of $7.59 billion, a price-to-earnings ratio of 21.03, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. The stock has a 50-day simple moving average of $55.59 and a 200-day simple moving average of $65.81. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.35 and a quick ratio of 0.53. Lamb Weston Holdings, Inc. has a 12 month low of $47.90 and a 12 month high of $105.55.

Lamb Weston Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $1.48 annualized dividend and a yield of 2.78%. Lamb Weston's dividend payout ratio (DPR) is 58.50%.

About Lamb Weston

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.