Lamb Weston Holdings, Inc. (NYSE:LW) Shares Purchased by Trillium Asset Management LLC

Trillium Asset Management LLC boosted its stake in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 13.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 224,023 shares of the specialty retailer's stock after purchasing an additional 26,965 shares during the period. Trillium Asset Management LLC owned approximately 0.16% of Lamb Weston worth $14,972,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Enhancing Capital LLC acquired a new stake in Lamb Weston during the 4th quarter worth about $283,000. Xponance Inc. grew its position in shares of Lamb Weston by 2.4% during the 4th quarter. Xponance Inc. now owns 24,268 shares of the specialty retailer's stock valued at $1,622,000 after acquiring an additional 579 shares during the period. Boston Partners grew its position in shares of Lamb Weston by 26.8% during the 4th quarter. Boston Partners now owns 3,477,165 shares of the specialty retailer's stock valued at $232,330,000 after acquiring an additional 735,901 shares during the period. Thrivent Financial for Lutherans grew its position in shares of Lamb Weston by 1.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 935,914 shares of the specialty retailer's stock valued at $62,606,000 after acquiring an additional 15,840 shares during the period. Finally, Cibc World Markets Corp grew its position in shares of Lamb Weston by 6.6% during the 4th quarter. Cibc World Markets Corp now owns 55,955 shares of the specialty retailer's stock valued at $3,739,000 after acquiring an additional 3,448 shares during the period. 89.56% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on LW shares. Deutsche Bank Aktiengesellschaft started coverage on Lamb Weston in a research report on Thursday, December 12th. They set a "hold" rating and a $81.00 target price on the stock. JPMorgan Chase & Co. raised their target price on Lamb Weston from $68.00 to $78.00 and gave the company a "neutral" rating in a research report on Monday, December 16th. StockNews.com upgraded Lamb Weston to a "sell" rating in a research report on Monday, February 24th. Citigroup cut Lamb Weston from a "buy" rating to a "neutral" rating and dropped their target price for the company from $90.00 to $68.00 in a research report on Friday, December 20th. Finally, Stifel Nicolaus dropped their target price on Lamb Weston from $80.00 to $68.00 and set a "hold" rating on the stock in a research report on Friday, December 20th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $76.73.

Lamb Weston Price Performance

Lamb Weston stock traded up $0.41 during midday trading on Friday, reaching $53.16. The company had a trading volume of 4,602,533 shares, compared to its average volume of 2,742,398. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.35 and a quick ratio of 0.53. The firm's fifty day simple moving average is $56.34 and its 200-day simple moving average is $66.17. Lamb Weston Holdings, Inc. has a 12-month low of $47.90 and a 12-month high of $107.50. The company has a market capitalization of $7.58 billion, a P/E ratio of 21.01, a P/E/G ratio of 1.40 and a beta of 0.76.

Lamb Weston (NYSE:LW - Get Free Report) last released its 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 return on equity of 27.82% and a net margin of 5.80%. The business had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.67 billion. During the same period last year, the business earned $1.45 earnings per share. The company's revenue for the quarter was down 7.5% compared to the same quarter last year. As a group, equities analysts anticipate 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 $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.78%. Lamb Weston's dividend payout ratio (DPR) is 58.50%.

Insiders Place Their Bets

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

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.