Natixis Advisors LLC Buys 15,169 Shares of Lamb Weston Holdings, Inc. (NYSE:LW)

Natixis Advisors LLC increased its holdings in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 9.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 168,849 shares of the specialty retailer's stock after buying an additional 15,169 shares during the quarter. Natixis Advisors LLC owned 0.12% of Lamb Weston worth $10,931,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LW. Empowered Funds LLC lifted its stake in Lamb Weston by 369.2% in the third quarter. Empowered Funds LLC now owns 41,601 shares of the specialty retailer's stock valued at $2,693,000 after buying an additional 32,734 shares in the last quarter. CIBC Asset Management Inc raised its holdings in shares of Lamb Weston by 7.3% during the third quarter. CIBC Asset Management Inc now owns 20,974 shares of the specialty retailer's stock worth $1,358,000 after acquiring an additional 1,425 shares during the period. Nicola Wealth Management LTD. bought a new stake in Lamb Weston in the 3rd quarter valued at $6,474,000. Tokio Marine Asset Management Co. Ltd. boosted its stake in Lamb Weston by 26.4% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 6,323 shares of the specialty retailer's stock worth $409,000 after purchasing an additional 1,322 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings in Lamb Weston by 98.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 25,848 shares of the specialty retailer's stock worth $1,673,000 after purchasing an additional 12,827 shares in the last quarter. 89.56% of the stock is owned by institutional investors and hedge funds.

Lamb Weston Price Performance

Shares of LW opened at $76.11 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 1.87. The company's fifty day simple moving average is $72.32 and its 200 day simple moving average is $74.03. Lamb Weston Holdings, Inc. has a 1-year low of $52.99 and a 1-year high of $111.88. The company has a market cap of $10.85 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 1.35 and a beta of 0.72.

Lamb Weston (NYSE:LW - Get Free Report) last issued its earnings results on Tuesday, October 1st. The specialty retailer reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.01. Lamb Weston had a net margin of 9.57% and a return on equity of 34.33%. The company had revenue of $1.65 billion for the quarter, compared to analysts' expectations of $1.55 billion. During the same period in the prior year, the firm earned $1.63 EPS. Lamb Weston's quarterly revenue was down .7% compared to the same quarter last year. On average, research analysts forecast that Lamb Weston Holdings, Inc. will post 4.26 earnings per share for the current fiscal year.

Lamb Weston Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.44 annualized dividend and a dividend yield of 1.89%. Lamb Weston's dividend payout ratio is currently 33.80%.

Analyst Upgrades and Downgrades

LW has been the topic of a number of research reports. Barclays boosted their price target on Lamb Weston from $70.00 to $74.00 and gave the company an "overweight" rating in a report on Friday, October 4th. Stifel Nicolaus upped their price target on Lamb Weston from $65.00 to $80.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. The Goldman Sachs Group decreased their price target on shares of Lamb Weston from $132.00 to $78.00 and set a "buy" rating for the company in a research note on Thursday, July 25th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $68.00 price objective (up previously from $63.00) on shares of Lamb Weston in a research report on Monday, October 7th. Finally, Citigroup raised their target price on shares of Lamb Weston from $76.00 to $90.00 and gave the company a "buy" rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $82.22.

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.