Tower Research Capital LLC TRC Has $871,000 Stock Holdings in Lamb Weston Holdings, Inc. (NYSE:LW)

Tower Research Capital LLC TRC lifted its holdings in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 67.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,035 shares of the specialty retailer's stock after acquiring an additional 5,261 shares during the period. Tower Research Capital LLC TRC's holdings in Lamb Weston were worth $871,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of LW. West Oak Capital LLC lifted its stake in Lamb Weston by 155.7% during the 4th quarter. West Oak Capital LLC now owns 450 shares of the specialty retailer's stock valued at $30,000 after acquiring an additional 274 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of Lamb Weston during the fourth quarter valued at approximately $35,000. SBI Securities Co. Ltd. purchased a new stake in Lamb Weston in the fourth quarter worth about $36,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of Lamb Weston in the 4th quarter worth about $47,000. Finally, Advantage Trust Co bought a new position in Lamb Weston during the 4th quarter valued at approximately $53,000. Institutional investors own 89.56% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on LW shares. Wells Fargo & Company dropped their price target on Lamb Weston from $72.00 to $66.00 and set an "overweight" rating for the company in a research note on Wednesday, April 2nd. Stifel Nicolaus set a $56.00 price objective on Lamb Weston and gave the stock a "hold" rating in a research note on Thursday, April 24th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $57.00 target price on shares of Lamb Weston in a research note on Wednesday, March 19th. StockNews.com downgraded Lamb Weston from a "hold" rating to a "sell" rating in a report on Wednesday. Finally, Jefferies Financial Group decreased their price target on Lamb Weston from $80.00 to $75.00 and set a "buy" rating for the company in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Lamb Weston currently has an average rating of "Hold" and an average target price of $70.64.

Lamb Weston Stock Performance

Shares of NYSE LW traded down $0.36 during midday trading on Thursday, reaching $52.46. 338,256 shares of the company traded hands, compared to its average volume of 2,647,167. Lamb Weston Holdings, Inc. has a 52 week low of $47.90 and a 52 week high of $89.51. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 20.76, a PEG ratio of 1.40 and a beta of 0.48. The stock has a 50-day moving average price of $53.05 and a 200 day moving average price of $63.68. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.35 and a quick ratio of 0.53.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings data on Thursday, April 3rd. The specialty retailer reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.23. The business had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The firm's revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 EPS. Sell-side analysts anticipate that Lamb Weston Holdings, Inc. will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 2nd will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Friday, May 2nd. Lamb Weston's dividend payout ratio (DPR) is presently 58.04%.

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.