Universal Beteiligungs und Servicegesellschaft mbH Invests $3.45 Million in Lamb Weston Holdings, Inc. (NYSE:LW)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 51,671 shares of the specialty retailer's stock, valued at approximately $3,453,000.

A number of other institutional investors and hedge funds also recently modified their holdings of LW. Swedbank AB raised its stake in Lamb Weston by 4.9% in the 4th quarter. Swedbank AB now owns 52,418 shares of the specialty retailer's stock valued at $3,503,000 after acquiring an additional 2,439 shares during the period. Osborne Partners Capital Management LLC raised its position in shares of Lamb Weston by 3.1% in the fourth quarter. Osborne Partners Capital Management LLC now owns 128,377 shares of the specialty retailer's stock valued at $8,579,000 after purchasing an additional 3,875 shares during the period. Greenleaf Trust lifted its stake in shares of Lamb Weston by 9.7% during the 4th quarter. Greenleaf Trust now owns 3,805 shares of the specialty retailer's stock worth $254,000 after buying an additional 335 shares during the last quarter. HHM Wealth Advisors LLC boosted its holdings in shares of Lamb Weston by 61.5% during the 4th quarter. HHM Wealth Advisors LLC now owns 1,615 shares of the specialty retailer's stock worth $108,000 after buying an additional 615 shares during the period. Finally, Brown Lisle Cummings Inc. bought a new stake in shares of Lamb Weston during the 4th quarter worth about $83,000. 89.56% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on LW. Jefferies Financial Group lowered 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. Wells Fargo & Company lowered their target price on Lamb Weston from $72.00 to $66.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 2nd. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $57.00 price target on shares of Lamb Weston in a research note on Wednesday, March 19th. Wall Street Zen raised Lamb Weston from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Finally, Stifel Nicolaus set a $56.00 target price on Lamb Weston and gave the stock a "hold" rating in a report on Thursday, April 24th. Nine investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $69.91.

Lamb Weston Price Performance

Lamb Weston stock traded up $0.82 during trading hours on Tuesday, reaching $55.66. 1,864,626 shares of the stock were exchanged, compared to its average volume of 2,649,392. The company has a current ratio of 1.35, a quick ratio of 0.53 and a debt-to-equity ratio of 2.26. Lamb Weston Holdings, Inc. has a twelve month low of $47.90 and a twelve month high of $88.57. The company has a market cap of $7.85 billion, a P/E ratio of 22.00, a price-to-earnings-growth ratio of 1.40 and a beta of 0.46. The stock has a 50 day moving average of $53.15 and a two-hundred day moving average of $59.46.

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 (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.23. Lamb Weston had a net margin of 5.80% and a return on equity of 27.82%. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the business posted $1.20 EPS. The firm's revenue for the quarter was up 4.3% on a year-over-year basis. Equities analysts expect that Lamb Weston Holdings, Inc. will post 3.1 EPS for the current fiscal year.

Lamb Weston Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 2nd were given a dividend of $0.37 per share. The ex-dividend date was Friday, May 2nd. This represents a $1.48 annualized dividend and a dividend yield of 2.66%. Lamb Weston's dividend 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.