Osborne Partners Capital Management LLC Has $7.18 Million Holdings in Lamb Weston (NYSE:LW)

Osborne Partners Capital Management LLC raised its holdings in shares of Lamb Weston (NYSE:LW - Free Report) by 4.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 134,665 shares of the specialty retailer's stock after purchasing an additional 6,288 shares during the period. Osborne Partners Capital Management LLC owned 0.10% of Lamb Weston worth $7,178,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Lamb Weston by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 16,646,887 shares of the specialty retailer's stock valued at $1,112,511,000 after purchasing an additional 58,066 shares during the period. JANA Partners Management LP increased its stake in shares of Lamb Weston by 22.3% in the 4th quarter. JANA Partners Management LP now owns 7,131,339 shares of the specialty retailer's stock valued at $476,587,000 after acquiring an additional 1,302,585 shares during the last quarter. Capital Research Global Investors bought a new stake in shares of Lamb Weston in the 4th quarter valued at about $423,270,000. Boston Partners increased its stake in shares of Lamb Weston by 26.8% in 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 last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Lamb Weston by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 3,436,604 shares of the specialty retailer's stock valued at $229,065,000 after acquiring an additional 48,548 shares during the last quarter. 89.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LW shares. Stifel Nicolaus set a $56.00 price target on Lamb Weston and gave the company a "hold" rating in a research note on Thursday, April 24th. Wall Street Zen upgraded Lamb Weston from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $57.00 target price on shares of Lamb Weston in a report on Wednesday, March 19th. Barclays reduced their target price on Lamb Weston from $69.00 to $61.00 and set an "overweight" rating on the stock in a report on Monday, May 12th. Finally, Wells Fargo & Company lowered 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. Nine investment 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.com, Lamb Weston has a consensus rating of "Hold" and an average price target of $67.73.

Lamb Weston Price Performance

Shares of LW opened at $53.20 on Friday. The stock has a market capitalization of $7.51 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.16 and a beta of 0.49. Lamb Weston has a twelve month low of $47.90 and a twelve month high of $85.79. The company has a 50 day moving average of $53.20 and a 200-day moving average of $57.75. 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 results on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.23. The company had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. Lamb Weston had a net margin of 5.74% and a return on equity of 27.25%. The business's quarterly revenue was up 4.3% on a year-over-year basis. During the same period last year, the business earned $1.20 EPS. As a group, equities research analysts forecast that Lamb Weston will post 3.1 EPS for the current fiscal year.

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.

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