Aull & Monroe Investment Management Corp Has $220,000 Stake in Lamb Weston $LW

Aull & Monroe Investment Management Corp trimmed its position in shares of Lamb Weston (NYSE:LW) by 19.1% during the second quarter, Holdings Channel.com reports. The firm owned 4,243 shares of the specialty retailer’s stock after selling 1,000 shares during the period. Aull & Monroe Investment Management Corp’s holdings in Lamb Weston were worth $220,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. American National Bank & Trust acquired a new position in shares of Lamb Weston during the second quarter worth approximately $25,000. Wayfinding Financial LLC acquired a new position in shares of Lamb Weston during the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Lamb Weston during the first quarter worth approximately $28,000. ST Germain D J Co. Inc. raised its position in shares of Lamb Weston by 64.2% during the second quarter. ST Germain D J Co. Inc. now owns 537 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 210 shares during the period. Finally, Ameriflex Group Inc. raised its position in shares of Lamb Weston by 407.7% during the second quarter. Ameriflex Group Inc. now owns 594 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 477 shares during the period. 89.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on LW. Barclays upped their target price on Lamb Weston from $61.00 to $68.00 and gave the stock an “overweight” rating in a research report on Friday, July 25th. BNP Paribas Exane upped their price target on Lamb Weston from $64.00 to $66.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Stifel Nicolaus set a $66.00 price target on Lamb Weston in a report on Wednesday, October 1st. Weiss Ratings downgraded Lamb Weston from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 8th. Finally, Bank of America upped their price target on Lamb Weston from $60.00 to $66.00 and gave the stock a “neutral” rating in a report on Wednesday, October 1st. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Lamb Weston currently has a consensus rating of “Hold” and a consensus price target of $65.70.

Lamb Weston Stock Up 0.1%

LW stock opened at $65.02 on Friday. The stock has a market cap of $9.06 billion, a P/E ratio of 31.11, a P/E/G ratio of 4.31 and a beta of 0.52. The company has a current ratio of 1.49, a quick ratio of 0.77 and a debt-to-equity ratio of 2.05. The stock’s fifty day simple moving average is $57.82 and its two-hundred day simple moving average is $54.96. Lamb Weston has a 1-year low of $47.87 and a 1-year high of $83.98.

Lamb Weston (NYSE:LW) last announced its quarterly earnings data on Thursday, August 24th. The specialty retailer reported $0.64 earnings per share (EPS) for the quarter. The firm had revenue of $1.15 billion during the quarter. Lamb Weston had a return on equity of 28.08% and a net margin of 4.56%. Analysts expect that Lamb Weston will post 3.1 EPS for the current year.

Lamb Weston Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, October 31st will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, October 31st. Lamb Weston’s dividend payout ratio is 70.81%.

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.