Lamb Weston Holdings, Inc. (NYSE:LW) Shares Acquired by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA increased its holdings in shares of Lamb Weston Holdings, Inc. (NYSE:LW) by 9.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,964 shares of the specialty retailer’s stock after acquiring an additional 1,426 shares during the quarter. Middleton & Co. Inc. MA’s holdings in Lamb Weston were worth $1,098,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. WFA Asset Management Corp boosted its position in shares of Lamb Weston by 248.6% during the 1st quarter. WFA Asset Management Corp now owns 244 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 174 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in shares of Lamb Weston in the 1st quarter valued at approximately $28,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Lamb Weston during the 1st quarter worth approximately $32,000. Crewe Advisors LLC increased its holdings in shares of Lamb Weston by 357.5% during the 2nd quarter. Crewe Advisors LLC now owns 334 shares of the specialty retailer’s stock worth $28,000 after buying an additional 261 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Lamb Weston by 135.8% in the second quarter. GAMMA Investing LLC now owns 382 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 89.56% of the company’s stock.

Analysts Set New Price Targets

LW has been the topic of a number of research analyst reports. Barclays lifted their target price on Lamb Weston from $70.00 to $74.00 and gave the company an “overweight” rating in a research report on Friday, October 4th. The Goldman Sachs Group decreased their target price on shares of Lamb Weston from $132.00 to $78.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $68.00 price target (up from $63.00) on shares of Lamb Weston in a research report on Monday, October 7th. TD Cowen upped their price objective on shares of Lamb Weston from $61.00 to $65.00 and gave the stock a “hold” rating in a report on Tuesday, September 24th. Finally, Stifel Nicolaus increased their price objective on shares of Lamb Weston from $65.00 to $80.00 and gave the stock a “hold” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lamb Weston currently has a consensus rating of “Hold” and a consensus target price of $82.22.

Lamb Weston Stock Down 0.6 %

Lamb Weston stock opened at $76.92 on Friday. The firm has a market capitalization of $10.97 billion, a P/E ratio of 18.06, a P/E/G ratio of 1.38 and a beta of 0.75. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 1.87. Lamb Weston Holdings, Inc. has a twelve month low of $52.99 and a twelve month high of $111.88. The stock’s fifty day simple moving average is $66.77 and its 200-day simple moving average is $74.59.

Lamb Weston (NYSE:LW) last posted its quarterly earnings results on Tuesday, October 1st. The specialty retailer reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.01. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.55 billion. Lamb Weston had a return on equity of 34.33% and a net margin of 9.57%. Lamb Weston’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the company earned $1.63 EPS. As a group, equities analysts expect that Lamb Weston Holdings, Inc. will post 4.26 earnings per share for the current fiscal year.

Lamb Weston Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 1st will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Friday, November 1st. Lamb Weston’s dividend payout ratio is presently 33.80%.

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.