Lamb Weston Holdings, Inc. (NYSE:LW) Position Lowered by Twin Capital Management Inc.

Twin Capital Management Inc. decreased its stake in shares of Lamb Weston Holdings, Inc. (NYSE:LW) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,378 shares of the specialty retailer’s stock after selling 169 shares during the quarter. Twin Capital Management Inc.’s holdings in Lamb Weston were worth $581,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. FinTrust Capital Advisors LLC lifted its position in shares of Lamb Weston by 24.4% during the third quarter. FinTrust Capital Advisors LLC now owns 582 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 114 shares during the last quarter. Imprint Wealth LLC lifted its holdings in Lamb Weston by 2.6% in the second quarter. Imprint Wealth LLC now owns 4,729 shares of the specialty retailer’s stock worth $544,000 after acquiring an additional 118 shares during the last quarter. MML Investors Services LLC lifted its holdings in Lamb Weston by 0.7% in the first quarter. MML Investors Services LLC now owns 16,823 shares of the specialty retailer’s stock worth $1,758,000 after acquiring an additional 119 shares during the last quarter. Horizon Investments LLC lifted its holdings in Lamb Weston by 6.2% in the second quarter. Horizon Investments LLC now owns 2,245 shares of the specialty retailer’s stock worth $257,000 after acquiring an additional 132 shares during the last quarter. Finally, Clear Street Markets LLC lifted its holdings in Lamb Weston by 92.5% in the first quarter. Clear Street Markets LLC now owns 283 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 136 shares during the last quarter. Institutional investors own 89.56% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on LW shares. StockNews.com cut shares of Lamb Weston from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Bank of America cut their target price on shares of Lamb Weston from $138.00 to $113.00 and set a “buy” rating on the stock in a report on Friday, April 5th. Citigroup cut their target price on shares of Lamb Weston from $132.00 to $106.00 and set a “buy” rating on the stock in a report on Monday, April 8th. Wells Fargo & Company cut their target price on shares of Lamb Weston from $128.00 to $98.00 and set an “overweight” rating on the stock in a report on Friday, April 5th. Finally, BNP Paribas initiated coverage on Lamb Weston in a report on Monday, March 11th. They set an “outperform” rating and a $128.00 price target on the stock. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.40.

Lamb Weston Stock Performance

Shares of NYSE LW opened at $81.00 on Friday. Lamb Weston Holdings, Inc. has a 12-month low of $77.41 and a 12-month high of $117.38. The company has a market cap of $11.70 billion, a PE ratio of 10.81, a P/E/G ratio of 1.31 and a beta of 0.72. The stock has a 50 day simple moving average of $97.80 and a 200-day simple moving average of $98.85. The company has a current ratio of 1.19, a quick ratio of 0.52 and a debt-to-equity ratio of 1.81.

Lamb Weston (NYSE:LW) last announced its earnings results on Thursday, April 4th. The specialty retailer reported $1.20 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.20). Lamb Weston had a return on equity of 50.74% and a net margin of 16.71%. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the previous year, the firm earned $1.43 EPS. Lamb Weston’s revenue for the quarter was up 16.3% on a year-over-year basis. On average, equities research analysts forecast that Lamb Weston Holdings, Inc. will post 5.53 EPS for the current year.

Lamb Weston Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 3rd will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $1.44 annualized dividend and a yield of 1.78%. Lamb Weston’s payout ratio is 19.23%.

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.