Lamb Weston Holdings, Inc. (NYSE:LW) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG increased its holdings in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 20.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 622,883 shares of the specialty retailer's stock after purchasing an additional 106,674 shares during the period. Deutsche Bank AG owned approximately 0.44% of Lamb Weston worth $41,627,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of LW. Capital Research Global Investors bought a new position in Lamb Weston during the fourth quarter worth about $423,270,000. Norges Bank bought a new position in Lamb Weston during the 4th quarter worth approximately $96,736,000. JANA Partners Management LP raised its holdings in Lamb Weston by 22.3% in the fourth quarter. JANA Partners Management LP now owns 7,131,339 shares of the specialty retailer's stock worth $476,587,000 after purchasing an additional 1,302,585 shares in the last quarter. Continental Grain Co. bought a new position in Lamb Weston in the 4th quarter valued at approximately $63,786,000. Finally, Boston Partners boosted its position in Lamb Weston by 26.8% in the fourth quarter. Boston Partners now owns 3,477,165 shares of the specialty retailer's stock worth $232,330,000 after purchasing an additional 735,901 shares during the last quarter. 89.56% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on LW shares. Barclays dropped their price objective on shares of Lamb Weston from $69.00 to $61.00 and set an "overweight" rating on the stock in a research note on Monday, May 12th. Stifel Nicolaus set a $56.00 price target on shares of Lamb Weston and gave the stock a "hold" rating in a report on Thursday, April 24th. StockNews.com upgraded Lamb Weston from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Wells Fargo & Company cut their price target on shares of Lamb Weston from $72.00 to $66.00 and set an "overweight" rating for the company in a report on Wednesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $57.00 price target on shares of Lamb Weston in a research note on Wednesday, March 19th. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Lamb Weston currently has an average rating of "Hold" and a consensus price target of $69.91.

Lamb Weston Stock Down 1.0%

LW traded down $0.55 during trading on Monday, hitting $53.30. The company had a trading volume of 228,820 shares, compared to its average volume of 2,648,179. Lamb Weston Holdings, Inc. has a one year low of $47.90 and a one year high of $89.51. The firm's 50-day moving average price is $53.03 and its 200 day moving average price is $61.49. 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 capitalization of $7.52 billion, a PE ratio of 21.08, a PEG ratio of 1.40 and a beta of 0.46.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings data on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.23. The business had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. Lamb Weston had a net margin of 5.80% and a return on equity of 27.82%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.20 earnings per share. As a group, equities analysts expect that Lamb Weston Holdings, Inc. will post 3.1 earnings per share for the current year.

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 2nd will be issued a $0.37 dividend. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $1.48 annualized dividend and a dividend yield of 2.78%. Lamb Weston's dividend payout ratio (DPR) is 58.04%.

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.