Dimensional Fund Advisors LP Purchases 59,546 Shares of Lamb Weston Holdings, Inc. (NYSE:LW)

Dimensional Fund Advisors LP boosted its stake in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,169,276 shares of the specialty retailer's stock after acquiring an additional 59,546 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.82% of Lamb Weston worth $78,124,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its stake in shares of Lamb Weston by 16.1% during the fourth quarter. Allworth Financial LP now owns 1,223 shares of the specialty retailer's stock valued at $74,000 after purchasing an additional 170 shares during the last quarter. Blair William & Co. IL boosted its position in Lamb Weston by 3.2% in the 4th quarter. Blair William & Co. IL now owns 7,130 shares of the specialty retailer's stock valued at $476,000 after buying an additional 219 shares during the last quarter. Atria Investments Inc increased its stake in shares of Lamb Weston by 3.2% in the 4th quarter. Atria Investments Inc now owns 7,255 shares of the specialty retailer's stock valued at $485,000 after buying an additional 227 shares during the period. Park Avenue Securities LLC raised its position in shares of Lamb Weston by 2.8% during the fourth quarter. Park Avenue Securities LLC now owns 8,901 shares of the specialty retailer's stock worth $595,000 after acquiring an additional 239 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its stake in shares of Lamb Weston by 0.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 43,702 shares of the specialty retailer's stock valued at $2,921,000 after acquiring an additional 253 shares during the period. Institutional investors and hedge funds own 89.56% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on LW. StockNews.com lowered Lamb Weston from a "hold" rating to a "sell" rating in a research report on Wednesday, April 30th. Wells Fargo & Company lowered their price target on shares of Lamb Weston from $72.00 to $66.00 and set an "overweight" rating for the company in a research report on Wednesday, April 2nd. Stifel Nicolaus set a $56.00 price objective on shares of Lamb Weston and gave the company a "hold" rating in a report on Thursday, April 24th. Jefferies Financial Group reduced their price objective on shares of Lamb Weston from $80.00 to $75.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $57.00 price target on shares of Lamb Weston in a research note on Wednesday, March 19th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $70.64.

Lamb Weston Stock Up 0.0 %

NYSE:LW traded up $0.02 on Monday, hitting $51.52. 149,646 shares of the company's stock were exchanged, compared to its average volume of 2,642,538. The firm has a 50-day moving average price of $53.05 and a 200-day moving average price of $63.31. Lamb Weston Holdings, Inc. has a 52 week low of $47.90 and a 52 week high of $89.51. 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 company has a market cap of $7.27 billion, a P/E ratio of 20.36, a price-to-earnings-growth ratio of 1.40 and a beta of 0.46.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share 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 firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period last year, the company earned $1.20 earnings per share. The business's revenue was up 4.3% compared to the same quarter last year. As a group, analysts expect that Lamb Weston Holdings, Inc. will post 3.1 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Friday, May 2nd. Lamb Weston's payout ratio is currently 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.