Leeward Investments LLC MA Has $8.06 Million Position in Lamb Weston (NYSE:LW)

Leeward Investments LLC MA trimmed its position in shares of Lamb Weston (NYSE:LW - Free Report) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 151,197 shares of the specialty retailer's stock after selling 5,276 shares during the quarter. Leeward Investments LLC MA owned approximately 0.11% of Lamb Weston worth $8,059,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Putney Financial Group LLC purchased a new position in shares of Lamb Weston during the 4th quarter worth $34,000. Whipplewood Advisors LLC lifted its position in Lamb Weston by 3,466.7% during the first quarter. Whipplewood Advisors LLC now owns 535 shares of the specialty retailer's stock worth $29,000 after buying an additional 520 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Lamb Weston in the 4th quarter worth about $36,000. CX Institutional purchased a new stake in Lamb Weston in the 1st quarter valued at about $48,000. Finally, Acuitas Investments LLC increased its stake in shares of Lamb Weston by 239.3% during the 1st quarter. Acuitas Investments LLC now owns 950 shares of the specialty retailer's stock valued at $51,000 after acquiring an additional 670 shares during the last quarter. Institutional investors and hedge funds own 89.56% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on LW shares. Wall Street Zen upgraded shares of Lamb Weston from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Jefferies Financial Group decreased their price target on shares of Lamb Weston from $80.00 to $75.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Bank of America dropped their price objective on Lamb Weston from $60.00 to $56.00 and set a "neutral" rating for the company in a report on Wednesday, June 18th. Wells Fargo & Company cut their target price on Lamb Weston from $72.00 to $66.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $57.00 price target on shares of Lamb Weston in a research report on Wednesday, March 19th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, Lamb Weston presently has an average rating of "Hold" and a consensus target price of $67.73.

Lamb Weston Stock Performance

LW stock traded up $0.24 during midday trading on Friday, reaching $53.00. The company had a trading volume of 1,089,845 shares, compared to its average volume of 2,653,467. The firm has a market capitalization of $7.48 billion, a PE ratio of 20.78, a P/E/G ratio of 1.16 and a beta of 0.46. The stock has a 50 day moving average price of $53.15 and a 200 day moving average price of $55.86. Lamb Weston has a fifty-two week low of $47.90 and a fifty-two week high of $83.98. The company has a quick ratio of 0.58, a current ratio of 1.35 and a debt-to-equity ratio of 2.25.

Lamb Weston (NYSE:LW - Get Free Report) last issued its quarterly earnings data on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.23. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. Lamb Weston had a net margin of 5.74% and a return on equity of 27.25%. Lamb Weston's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm posted $1.20 EPS. Analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current year.

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.