Mutual of America Capital Management LLC Boosts Stock Position in Lamb Weston Holdings, Inc. (NYSE:LW)

Mutual of America Capital Management LLC grew its position in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 84.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,844 shares of the specialty retailer's stock after purchasing an additional 17,344 shares during the period. Mutual of America Capital Management LLC's holdings in Lamb Weston were worth $4,091,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in LW. Liberty One Investment Management LLC raised its position in Lamb Weston by 5.3% in the 4th quarter. Liberty One Investment Management LLC now owns 30,974 shares of the specialty retailer's stock valued at $3,348,000 after purchasing an additional 1,570 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Lamb Weston during the 4th quarter worth about $1,881,000. Cambiar Investors LLC grew its holdings in Lamb Weston by 1.8% during the 4th quarter. Cambiar Investors LLC now owns 106,017 shares of the specialty retailer's stock worth $11,459,000 after acquiring an additional 1,920 shares during the last quarter. Wakefield Asset Management LLLP bought a new stake in Lamb Weston during the 4th quarter worth about $3,302,000. Finally, Nisa Investment Advisors LLC increased its position in Lamb Weston by 1.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 47,540 shares of the specialty retailer's stock valued at $5,139,000 after acquiring an additional 524 shares in the last quarter. Institutional investors own 89.56% of the company's stock.

Lamb Weston Stock Down 2.1 %

LW stock traded down $1.70 during trading hours on Wednesday, reaching $80.36. 3,006,399 shares of the stock were exchanged, compared to its average volume of 2,308,241. The company has a market cap of $11.60 billion, a price-to-earnings ratio of 10.73, a PEG ratio of 1.30 and a beta of 0.72. The firm's 50-day moving average is $98.21 and its 200-day moving average is $98.98. Lamb Weston Holdings, Inc. has a 12 month low of $77.41 and a 12 month high of $117.38. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.19 and a quick ratio of 0.52.

Lamb Weston (NYSE:LW - Get Free Report) last announced its earnings results on Thursday, April 4th. The specialty retailer reported $1.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.40 by ($0.20). The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.65 billion. Lamb Weston had a net margin of 16.71% and a return on equity of 50.74%. The firm's quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.43 EPS. On average, equities research analysts expect that Lamb Weston Holdings, Inc. will post 5.53 earnings per share for the current year.

Lamb Weston Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 3rd will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Thursday, May 2nd. Lamb Weston's dividend payout ratio (DPR) is currently 19.23%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LW. BNP Paribas initiated coverage on shares of Lamb Weston in a report on Monday, March 11th. They issued an "outperform" rating and a $128.00 price target for the company. Barclays cut their price target on Lamb Weston from $125.00 to $105.00 and set an "overweight" rating on the stock in a research note on Monday, April 8th. Citigroup cut their target price on shares of Lamb Weston from $132.00 to $106.00 and set a "buy" rating on the stock in a research report on Monday, April 8th. Stifel Nicolaus reduced their target price on Lamb Weston from $130.00 to $115.00 and set a "buy" rating on the stock in a report on Friday, April 5th. Finally, StockNews.com cut Lamb Weston from a "hold" rating to a "sell" rating in a research note on Friday, January 5th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $117.40.

Lamb Weston Company 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.