Thompson Siegel & Walmsley LLC Has $23.11 Million Position in Lamb Weston Holdings, Inc. (NYSE:LW)

Thompson Siegel & Walmsley LLC lowered its position in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 41.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 345,726 shares of the specialty retailer's stock after selling 247,131 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.24% of Lamb Weston worth $23,105,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. West Oak Capital LLC lifted its stake in Lamb Weston by 155.7% in the 4th quarter. West Oak Capital LLC now owns 450 shares of the specialty retailer's stock valued at $30,000 after buying an additional 274 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in Lamb Weston in the 4th quarter valued at approximately $35,000. SBI Securities Co. Ltd. purchased a new stake in Lamb Weston in the 4th quarter valued at approximately $36,000. Prospera Private Wealth LLC purchased a new stake in Lamb Weston in the 3rd quarter valued at approximately $39,000. Finally, Brooklyn Investment Group purchased a new stake in Lamb Weston in the 3rd quarter valued at approximately $40,000. Institutional investors and hedge funds own 89.56% of the company's stock.

Insider Activity at Lamb Weston

In other news, Director Charles A. Blixt acquired 1,200 shares of the stock in a transaction on Monday, December 23rd. The shares were purchased at an average cost of $63.25 per share, for a total transaction of $75,900.00. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert A. Niblock acquired 3,000 shares of the stock in a transaction on Monday, January 13th. The shares were purchased at an average price of $60.94 per share, for a total transaction of $182,820.00. Following the completion of the transaction, the director now owns 26,406 shares in the company, valued at approximately $1,609,181.64. This represents a 12.82 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.72% of the company's stock.

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Lamb Weston Stock Performance

Shares of LW traded up $2.72 during mid-day trading on Monday, reaching $53.67. 2,095,137 shares of the company's stock traded hands, compared to its average volume of 2,725,229. The business's 50-day moving average price is $57.19 and its 200-day moving average price is $66.50. The stock has a market capitalization of $7.66 billion, a P/E ratio of 21.21, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35. Lamb Weston Holdings, Inc. has a 12 month low of $47.90 and a 12 month high of $107.50.

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

Lamb Weston Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, January 31st were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend was Friday, January 31st. This is a positive change from Lamb Weston's previous quarterly dividend of $0.36. Lamb Weston's dividend payout ratio (DPR) is currently 58.50%.

Wall Street Analysts Forecast Growth

LW has been the topic of a number of recent analyst reports. Stifel Nicolaus reduced their price target on Lamb Weston from $80.00 to $68.00 and set a "hold" rating on the stock in a research note on Friday, December 20th. Sanford C. Bernstein began coverage on Lamb Weston in a research note on Tuesday, December 3rd. They set a "market perform" rating and a $85.00 price target on the stock. Jefferies Financial Group increased their target price on Lamb Weston from $80.00 to $95.00 and gave the stock a "buy" rating in a research report on Tuesday, December 17th. StockNews.com raised Lamb Weston to a "sell" rating in a research report on Monday, February 24th. Finally, Barclays cut their target price on Lamb Weston from $87.00 to $69.00 and set an "overweight" rating on the stock in a research report on Monday, December 23rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Lamb Weston has an average rating of "Hold" and an average target price of $76.73.

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.