Lamb Weston Holdings, Inc. (NYSE:LW) Stock Holdings Reduced by XTX Topco Ltd

XTX Topco Ltd cut its holdings in Lamb Weston Holdings, Inc. (NYSE:LW - Free Report) by 84.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,764 shares of the specialty retailer's stock after selling 25,996 shares during the period. XTX Topco Ltd's holdings in Lamb Weston were worth $318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in LW. West Oak Capital LLC increased its stake in shares of 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 during the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of Lamb Weston during the 4th quarter valued at about $35,000. SBI Securities Co. Ltd. acquired a new position in shares of Lamb Weston during the 4th quarter valued at about $36,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Lamb Weston during the 4th quarter valued at about $47,000. Finally, Advantage Trust Co acquired a new position in shares of Lamb Weston during the 4th quarter valued at about $53,000. 89.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on LW. Wells Fargo & Company dropped their price objective on shares of Lamb Weston from $72.00 to $66.00 and set an "overweight" rating for the company in a research note on Wednesday, April 2nd. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $57.00 price target on shares of Lamb Weston in a report on Wednesday, March 19th. Stifel Nicolaus set a $56.00 price target on shares of Lamb Weston and gave the company a "hold" rating in a report on Thursday, April 24th. StockNews.com lowered shares of Lamb Weston from a "hold" rating to a "sell" rating in a report on Wednesday. Finally, Jefferies Financial Group cut their price target on shares of Lamb Weston from $80.00 to $75.00 and set a "buy" rating on the stock in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $70.64.

Lamb Weston Stock Up 1.3 %

Shares of Lamb Weston stock traded up $0.66 during trading on Wednesday, reaching $52.84. The company had a trading volume of 1,407,086 shares, compared to its average volume of 2,656,304. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 20.89, a price-to-earnings-growth ratio of 1.40 and a beta of 0.48. The firm's fifty day moving average is $53.11 and its 200-day moving average is $63.76. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35. Lamb Weston Holdings, Inc. has a fifty-two week low of $47.90 and a fifty-two week high of $89.51.

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

Lamb Weston Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Friday, May 2nd. Lamb Weston's dividend payout ratio is presently 58.04%.

About Lamb Weston

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.