3,332 Shares in Lamb Weston Holdings, Inc. (NYSE:LW) Purchased by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC bought a new stake in Lamb Weston Holdings, Inc. (NYSE:LW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,332 shares of the specialty retailer’s stock, valued at approximately $223,000.

Other large investors have also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in Lamb Weston by 16.1% during the fourth quarter. Allworth Financial LP now owns 1,223 shares of the specialty retailer’s stock worth $74,000 after acquiring an additional 170 shares in the last quarter. Blair William & Co. IL increased its position in shares of Lamb Weston by 3.2% during the 4th quarter. Blair William & Co. IL now owns 7,130 shares of the specialty retailer’s stock worth $476,000 after purchasing an additional 219 shares during the last quarter. Atria Investments Inc raised its stake in shares of Lamb Weston by 3.2% during the 4th quarter. Atria Investments Inc now owns 7,255 shares of the specialty retailer’s stock worth $485,000 after purchasing an additional 227 shares in the last quarter. Norinchukin Bank The boosted its holdings in shares of Lamb Weston by 4.0% in the 4th quarter. Norinchukin Bank The now owns 5,873 shares of the specialty retailer’s stock valued at $392,000 after buying an additional 227 shares during the last quarter. Finally, Park Avenue Securities LLC grew its stake in shares of Lamb Weston by 2.8% in the fourth quarter. Park Avenue Securities LLC now owns 8,901 shares of the specialty retailer’s stock valued at $595,000 after buying an additional 239 shares in the last quarter. Institutional investors and hedge funds own 89.56% of the company’s stock.

Lamb Weston Stock Down 1.3 %

Shares of LW opened at $50.80 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.53 and a debt-to-equity ratio of 2.26. Lamb Weston Holdings, Inc. has a 12 month low of $47.90 and a 12 month high of $89.51. The firm’s 50 day moving average is $53.05 and its 200-day moving average is $62.59. The stock has a market capitalization of $7.17 billion, a PE ratio of 20.08, a P/E/G ratio of 1.40 and a beta of 0.46.

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

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 2nd will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Friday, May 2nd. Lamb Weston’s payout ratio is presently 58.04%.

Analysts Set New Price Targets

A number of analysts have commented on LW shares. StockNews.com upgraded shares of Lamb Weston from a “sell” rating to a “hold” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $57.00 price target on shares of Lamb Weston in a report on Wednesday, March 19th. Wells Fargo & Company dropped their price objective on Lamb Weston from $72.00 to $66.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 2nd. Stifel Nicolaus set a $56.00 target price on Lamb Weston and gave the stock a “hold” rating in a research note on Thursday, April 24th. Finally, Jefferies Financial Group dropped their price target on Lamb Weston from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $70.64.

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.