Lamb Weston Holdings, Inc. (NYSE:LW) Shares Purchased by Leeward Investments LLC MA

Leeward Investments LLC MA lifted its stake in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 41.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 156,473 shares of the specialty retailer's stock after acquiring an additional 45,904 shares during the period. Leeward Investments LLC MA owned approximately 0.11% of Lamb Weston worth $10,457,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Blue Trust Inc. grew its holdings in shares of Lamb Weston by 117.9% during the third quarter. Blue Trust Inc. now owns 950 shares of the specialty retailer's stock worth $62,000 after purchasing an additional 514 shares in the last quarter. Raymond James & Associates grew its stake in Lamb Weston by 45.1% in the 3rd quarter. Raymond James & Associates now owns 269,059 shares of the specialty retailer's stock worth $17,419,000 after buying an additional 83,615 shares in the last quarter. Greenleaf Trust increased its holdings in shares of Lamb Weston by 11.4% in the 3rd quarter. Greenleaf Trust now owns 3,470 shares of the specialty retailer's stock worth $225,000 after buying an additional 354 shares during the last quarter. CENTRAL TRUST Co raised its position in shares of Lamb Weston by 22.5% during the 3rd quarter. CENTRAL TRUST Co now owns 16,084 shares of the specialty retailer's stock valued at $1,041,000 after buying an additional 2,952 shares in the last quarter. Finally, IFM Investors Pty Ltd lifted its holdings in shares of Lamb Weston by 2.0% during the 3rd quarter. IFM Investors Pty Ltd now owns 35,050 shares of the specialty retailer's stock worth $2,269,000 after acquiring an additional 672 shares during the last quarter. 89.56% of the stock is owned by institutional investors.

Insider Buying and Selling at Lamb Weston

In other news, Director Charles A. Blixt purchased 1,200 shares of the company's stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of $63.25 per share, with a total value of $75,900.00. Following the transaction, the director now owns 22,982 shares of the company's stock, valued at $1,453,611.50. This represents a 5.51 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert A. Niblock purchased 3,000 shares of the business's stock in a transaction dated Monday, January 13th. The stock was bought at an average price of $60.94 per share, for a total transaction of $182,820.00. Following the completion of the acquisition, the director now directly owns 26,406 shares in the company, valued at approximately $1,609,181.64. This trade represents a 12.82 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.72% of the company's stock.

Lamb Weston Price Performance

LW stock traded up $0.09 during trading on Wednesday, hitting $51.86. 3,167,343 shares of the company's stock traded hands, compared to its average volume of 2,435,858. Lamb Weston Holdings, Inc. has a 52 week low of $50.93 and a 52 week high of $107.50. The stock has a market capitalization of $7.40 billion, a price-to-earnings ratio of 20.50, a P/E/G ratio of 1.40 and a beta of 0.72. The business has a fifty day simple moving average of $61.00 and a 200 day simple moving average of $67.42. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35.

Lamb Weston (NYSE:LW - Get Free Report) last issued its quarterly earnings data on Thursday, December 19th. The specialty retailer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.35). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.67 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The company's revenue was down 7.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.45 earnings per share. As a group, research analysts expect that Lamb Weston Holdings, Inc. will post 3.1 EPS for the current fiscal year.

Lamb Weston Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 31st will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, January 31st. This is a boost from Lamb Weston's previous quarterly dividend of $0.36. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.85%. Lamb Weston's payout ratio is currently 58.50%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on LW. StockNews.com raised Lamb Weston to a "sell" rating in a research note on Monday. Barclays decreased their target price on shares of Lamb Weston from $87.00 to $69.00 and set an "overweight" rating on the stock in a research report on Monday, December 23rd. Citigroup lowered Lamb Weston from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $90.00 to $68.00 in a research note on Friday, December 20th. Sanford C. Bernstein assumed coverage on Lamb Weston in a research note on Tuesday, December 3rd. They issued a "market perform" rating and a $85.00 target price on the stock. Finally, Stifel Nicolaus reduced their price target on shares of Lamb Weston from $80.00 to $68.00 and set a "hold" rating on the stock in a research report on Friday, December 20th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $81.00.

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.