Yousif Capital Management LLC Decreases Stock Holdings in Lamb Weston Holdings, Inc. (NYSE:LW)

Yousif Capital Management LLC decreased its holdings in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 32.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,606 shares of the specialty retailer's stock after selling 9,600 shares during the quarter. Yousif Capital Management LLC's holdings in Lamb Weston were worth $2,119,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of LW. Assenagon Asset Management S.A. increased its stake in shares of Lamb Weston by 406.5% in the third quarter. Assenagon Asset Management S.A. now owns 934,530 shares of the specialty retailer's stock valued at $86,407,000 after purchasing an additional 750,033 shares during the period. Artemis Investment Management LLP increased its stake in shares of Lamb Weston by 277.2% during the fourth quarter. Artemis Investment Management LLP now owns 566,553 shares of the specialty retailer's stock valued at $61,238,000 after acquiring an additional 416,339 shares during the period. Schonfeld Strategic Advisors LLC increased its stake in shares of Lamb Weston by 121.7% during the third quarter. Schonfeld Strategic Advisors LLC now owns 746,424 shares of the specialty retailer's stock valued at $69,014,000 after acquiring an additional 409,810 shares during the period. California Public Employees Retirement System increased its stake in shares of Lamb Weston by 115.8% during the third quarter. California Public Employees Retirement System now owns 639,798 shares of the specialty retailer's stock valued at $59,156,000 after acquiring an additional 343,351 shares during the period. Finally, Jupiter Asset Management Ltd. acquired a new position in shares of Lamb Weston during the third quarter valued at approximately $24,254,000. Institutional investors and hedge funds own 89.56% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LW. Barclays lowered their price objective on shares of Lamb Weston from $125.00 to $105.00 and set an "overweight" rating on the stock in a research note on Monday, April 8th. Stifel Nicolaus reduced their target price on shares of Lamb Weston from $130.00 to $115.00 and set a "buy" rating for the company in a report on Friday, April 5th. StockNews.com cut shares of Lamb Weston from a "hold" rating to a "sell" rating in a report on Friday, January 5th. BNP Paribas initiated coverage on shares of Lamb Weston in a report on Monday, March 11th. They set an "outperform" rating and a $128.00 target price for the company. Finally, Bank of America reduced their target price on shares of Lamb Weston from $138.00 to $113.00 and set a "buy" rating for the company in a report on Friday, April 5th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $117.40.

Lamb Weston Trading Down 1.3 %

Lamb Weston stock traded down $1.12 during midday trading on Wednesday, reaching $82.22. The stock had a trading volume of 2,675,631 shares, compared to its average volume of 2,310,448. The firm's fifty day simple moving average is $94.80 and its two-hundred day simple moving average is $98.52. Lamb Weston Holdings, Inc. has a twelve month low of $77.41 and a twelve 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. The firm has a market cap of $11.87 billion, a price-to-earnings ratio of 11.13, a PEG ratio of 1.38 and a beta of 0.72.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings data on Thursday, April 4th. The specialty retailer reported $1.20 EPS for the quarter, missing analysts' consensus estimates of $1.40 by ($0.20). Lamb Weston had a return on equity of 50.74% and a net margin of 16.71%. The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same period in the prior year, the business posted $1.43 EPS. The company's revenue for the quarter was up 16.3% on a year-over-year basis. Equities analysts anticipate that Lamb Weston Holdings, Inc. will post 5.54 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 3rd will be given a $0.36 dividend. The ex-dividend date is Thursday, May 2nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.75%. Lamb Weston's payout ratio is 19.23%.

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.