Natixis Advisors LLC Acquires 32,400 Shares of Lamb Weston Holdings, Inc. (NYSE:LW)

Natixis Advisors LLC raised its position in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 19.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,249 shares of the specialty retailer's stock after purchasing an additional 32,400 shares during the quarter. Natixis Advisors LLC owned approximately 0.14% of Lamb Weston worth $13,449,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LW. CIBC Asset Management Inc grew its stake in Lamb Weston by 7.3% in the third quarter. CIBC Asset Management Inc now owns 20,974 shares of the specialty retailer's stock valued at $1,358,000 after purchasing an additional 1,425 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Lamb Weston by 369.2% during the 3rd quarter. Empowered Funds LLC now owns 41,601 shares of the specialty retailer's stock worth $2,693,000 after acquiring an additional 32,734 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Lamb Weston by 6.7% during the 3rd quarter. Mutual of America Capital Management LLC now owns 43,351 shares of the specialty retailer's stock worth $2,807,000 after acquiring an additional 2,706 shares in the last quarter. Caprock Group LLC boosted its stake in shares of Lamb Weston by 63.3% during the 3rd quarter. Caprock Group LLC now owns 4,611 shares of the specialty retailer's stock worth $299,000 after acquiring an additional 1,787 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Lamb Weston during the 3rd quarter worth about $238,000. Hedge funds and other institutional investors own 89.56% of the company's stock.

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Insider Buying and Selling at Lamb Weston

In related news, Director Charles A. Blixt acquired 1,200 shares of the stock in a transaction dated Monday, December 23rd. The shares were bought at an average cost of $63.25 per share, for a total transaction of $75,900.00. Following the purchase, the director now owns 22,982 shares in the company, valued at approximately $1,453,611.50. This trade represents a 5.51 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert A. Niblock acquired 3,000 shares of the stock in a transaction dated Monday, January 13th. The stock was bought at an average price of $60.94 per share, for a total transaction of $182,820.00. Following the completion of the purchase, the director now owns 26,406 shares in the company, valued at approximately $1,609,181.64. This trade represents a 12.82 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.72% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on LW shares. Barclays decreased their price target on Lamb Weston from $87.00 to $69.00 and set an "overweight" rating for the company in a research note on Monday, December 23rd. Deutsche Bank Aktiengesellschaft started coverage on Lamb Weston in a research note on Thursday, December 12th. They set a "hold" rating and a $81.00 price target for the company. Sanford C. Bernstein started coverage on Lamb Weston in a research note on Tuesday, December 3rd. They set a "market perform" rating and a $85.00 price target for the company. JPMorgan Chase & Co. upped their price target on Lamb Weston from $68.00 to $78.00 and gave the stock a "neutral" rating in a research note on Monday, December 16th. Finally, Jefferies Financial Group upped their price target on Lamb Weston from $80.00 to $95.00 and gave the stock 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 given a hold rating and four have issued 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 $76.73.

Lamb Weston Stock Performance

Lamb Weston stock traded up $0.41 during trading hours on Friday, hitting $53.16. The stock had a trading volume of 4,602,533 shares, compared to its average volume of 2,742,398. The company has a 50-day moving average of $56.34 and a two-hundred day moving average of $66.17. The company has a quick ratio of 0.53, a current ratio of 1.35 and a debt-to-equity ratio of 2.26. The company has a market cap of $7.58 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. Lamb Weston Holdings, Inc. has a fifty-two week low of $47.90 and a fifty-two week high of $107.50.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings results on Thursday, December 19th. The specialty retailer reported $0.66 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.35). The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.67 billion. Lamb Weston had a net margin of 5.80% and a return on equity of 27.82%. The company's revenue was down 7.5% on a year-over-year basis. During the same period last year, the company earned $1.45 EPS. On average, equities research analysts anticipate that Lamb Weston Holdings, Inc. will post 3.1 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The company 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. This represents a $1.48 annualized dividend and a yield of 2.78%. Lamb Weston's dividend payout ratio (DPR) is 58.50%.

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.