Natixis Advisors L.P. Has $8.29 Million Stake in Lamb Weston Holdings, Inc. (NYSE:LW)

Natixis Advisors L.P. grew its holdings in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 29.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,660 shares of the specialty retailer's stock after acquiring an additional 17,571 shares during the period. Natixis Advisors L.P. owned about 0.05% of Lamb Weston worth $8,286,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. VisionPoint Advisory Group LLC grew its holdings in Lamb Weston by 113.4% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 303 shares of the specialty retailer's stock worth $28,000 after acquiring an additional 161 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Lamb Weston during the fourth quarter valued at approximately $51,000. Desjardins Global Asset Management Inc. lifted its holdings in Lamb Weston by 537.1% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 1,134 shares of the specialty retailer's stock worth $123,000 after buying an additional 956 shares during the last quarter. ZRC Wealth Management LLC bought a new stake in shares of Lamb Weston in the 4th quarter valued at approximately $129,000. Finally, Private Trust Co. NA raised its position in shares of Lamb Weston by 15.3% during the 4th quarter. Private Trust Co. NA now owns 1,250 shares of the specialty retailer's stock valued at $135,000 after acquiring an additional 166 shares in the last quarter. Institutional investors and hedge funds own 89.56% of the company's stock.

Lamb Weston Price Performance

NYSE LW traded up $0.66 on Thursday, reaching $83.82. 1,651,207 shares of the stock traded hands, compared to its average volume of 2,270,477. Lamb Weston Holdings, Inc. has a 12 month low of $77.41 and a 12 month high of $117.38. The company has a market cap of $12.10 billion, a price-to-earnings ratio of 11.19, a P/E/G ratio of 1.38 and a beta of 0.79. The firm's fifty day simple moving average is $92.28 and its 200 day simple moving average is $98.23. The company has a quick ratio of 0.52, a current ratio of 1.19 and a debt-to-equity ratio of 1.81.

Lamb Weston (NYSE:LW - Get Free Report) last released its earnings results on Thursday, April 4th. The specialty retailer reported $1.20 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.20). The business had revenue of $1.46 billion for 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 revenue for the quarter was up 16.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.43 earnings per share. As a group, research analysts predict that Lamb Weston Holdings, Inc. will post 5.54 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 3rd will be issued a dividend of $0.36 per share. The ex-dividend date is Thursday, May 2nd. This represents a $1.44 annualized dividend and a yield of 1.72%. Lamb Weston's payout ratio is presently 19.23%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. BNP Paribas began coverage on shares of Lamb Weston in a report on Monday, March 11th. They issued an "outperform" rating and a $128.00 price objective for the company. Wells Fargo & Company cut their target price on shares of Lamb Weston from $128.00 to $98.00 and set an "overweight" rating on the stock in a report on Friday, April 5th. Stifel Nicolaus lowered their target price on Lamb Weston from $130.00 to $115.00 and set a "buy" rating for the company in a report on Friday, April 5th. Barclays cut their price target on Lamb Weston from $125.00 to $105.00 and set an "overweight" rating on the stock in a report on Monday, April 8th. Finally, Bank of America cut their price objective on shares of Lamb Weston from $138.00 to $113.00 and set a "buy" rating on the stock in a research report on Friday, April 5th. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $117.40.

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.