Advisor OS LLC Buys New Position in Lamb Weston Holdings, Inc. (NYSE:LW)

Advisor OS LLC bought a new stake in shares of Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,650 shares of the specialty retailer's stock, valued at approximately $1,151,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Great Valley Advisor Group Inc. boosted its holdings in Lamb Weston by 3.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 3,065 shares of the specialty retailer's stock valued at $332,000 after acquiring an additional 101 shares during the period. VisionPoint Advisory Group LLC raised its position in Lamb Weston by 113.4% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 303 shares of the specialty retailer's stock valued at $28,000 after purchasing an additional 161 shares in the last quarter. Private Trust Co. NA raised its position in Lamb Weston by 15.3% in the 4th quarter. Private Trust Co. NA now owns 1,250 shares of the specialty retailer's stock valued at $135,000 after purchasing an additional 166 shares in the last quarter. Family Legacy Inc. raised its position in Lamb Weston by 1.5% in the 4th quarter. Family Legacy Inc. now owns 11,157 shares of the specialty retailer's stock valued at $1,206,000 after purchasing an additional 168 shares in the last quarter. Finally, Lindbrook Capital LLC raised its position in Lamb Weston by 7.8% in the 4th quarter. Lindbrook Capital LLC now owns 2,502 shares of the specialty retailer's stock valued at $270,000 after purchasing an additional 182 shares in the last quarter. 89.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Citigroup reduced their price target on Lamb Weston from $132.00 to $106.00 and set a "buy" rating on the stock in a research report on Monday, April 8th. Bank of America reduced their price target on Lamb Weston from $138.00 to $113.00 and set a "buy" rating on the stock in a research report on Friday, April 5th. BNP Paribas assumed coverage on Lamb Weston in a research report on Monday, March 11th. They issued an "outperform" rating and a $128.00 price target on the stock. Wells Fargo & Company cut their target price on Lamb Weston from $128.00 to $98.00 and set an "overweight" rating on the stock in a research report on Friday, April 5th. Finally, Barclays cut their target price on Lamb Weston from $125.00 to $105.00 and set an "overweight" rating on the stock in a research report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $117.40.

Lamb Weston Stock Performance

LW traded down $0.06 during trading on Monday, hitting $85.10. 2,103,964 shares of the stock were exchanged, compared to its average volume of 2,260,774. The firm has a market capitalization of $12.29 billion, a P/E ratio of 11.36, a PEG ratio of 1.38 and a beta of 0.79. Lamb Weston Holdings, Inc. has a 1-year low of $77.41 and a 1-year high of $117.38. The stock has a fifty day moving average price of $91.60 and a two-hundred day moving average price of $98.32. 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 announced its earnings results on Thursday, April 4th. The specialty retailer reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.40 by ($0.20). Lamb Weston had a net margin of 16.71% and a return on equity of 50.74%. The company had revenue of $1.46 billion during the quarter, compared to analysts' expectations of $1.65 billion. During the same quarter last year, the business posted $1.43 earnings per share. The company's revenue for the quarter was up 16.3% compared to the same quarter last year. As a group, sell-side analysts predict that Lamb Weston Holdings, Inc. will post 5.54 earnings per share for the current 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 paid a $0.36 dividend. The ex-dividend date is Thursday, May 2nd. This represents a $1.44 annualized dividend and a dividend yield of 1.69%. Lamb Weston's dividend payout ratio (DPR) is currently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.