Lamb Weston Holdings, Inc. (NYSE:LW) Stake Boosted by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC grew its position in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 67.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,035 shares of the specialty retailer's stock after acquiring an additional 5,261 shares during the quarter. Tower Research Capital LLC TRC's holdings in Lamb Weston were worth $871,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. West Oak Capital LLC grew its stake in shares of Lamb Weston by 155.7% in the fourth quarter. West Oak Capital LLC now owns 450 shares of the specialty retailer's stock worth $30,000 after purchasing an additional 274 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in Lamb Weston in the 4th quarter valued at about $35,000. SBI Securities Co. Ltd. acquired a new position in Lamb Weston during the 4th quarter valued at about $36,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Lamb Weston during the 4th quarter worth about $47,000. Finally, Advantage Trust Co acquired a new stake in shares of Lamb Weston in the 4th quarter worth approximately $53,000. Institutional investors own 89.56% of the company's stock.

Lamb Weston Trading Down 0.1 %

Shares of LW stock traded down $0.07 during trading hours on Monday, reaching $51.87. 1,353,789 shares of the stock traded hands, compared to its average volume of 2,661,570. 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 firm has a market capitalization of $7.32 billion, a PE ratio of 20.50, a PEG ratio of 1.40 and a beta of 0.48. Lamb Weston Holdings, Inc. has a 1-year low of $47.90 and a 1-year high of $89.51. The business has a fifty day moving average price of $53.31 and a 200 day moving average price of $63.97.

Lamb Weston (NYSE:LW - Get Free Report) last released its earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.23. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the prior year, the company earned $1.20 earnings per share. The company's revenue for the quarter was up 4.3% on a year-over-year basis. On average, equities research analysts forecast that Lamb Weston Holdings, Inc. will post 3.1 EPS for the current year.

Lamb Weston Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders 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 2.85%. Lamb Weston's dividend payout ratio (DPR) is presently 58.04%.

Wall Street Analyst Weigh In

Several brokerages recently commented on LW. Jefferies Financial Group dropped their target price on Lamb Weston from $80.00 to $75.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $57.00 price objective on shares of Lamb Weston in a research note on Wednesday, March 19th. Wells Fargo & Company decreased their target price on Lamb Weston from $72.00 to $66.00 and set an "overweight" rating for the company in a research note on Wednesday, April 2nd. Stifel Nicolaus set a $56.00 price target on shares of Lamb Weston and gave the stock a "hold" rating in a research report on Thursday. Finally, StockNews.com upgraded shares of Lamb Weston from a "sell" rating to a "hold" rating in a research report on Tuesday, April 22nd. Nine investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $70.64.

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.