United Capital Financial Advisors LLC Grows Stake in Lamb Weston Holdings, Inc. (NYSE:LW)

United Capital Financial Advisors LLC increased its holdings in Lamb Weston Holdings, Inc. (NYSE:LW) by 42.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,613 shares of the specialty retailer’s stock after buying an additional 1,668 shares during the period. United Capital Financial Advisors LLC’s holdings in Lamb Weston were worth $375,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. West Oak Capital LLC increased its holdings in shares of Lamb Weston by 155.7% in the 4th quarter. West Oak Capital LLC now owns 450 shares of the specialty retailer’s stock worth $30,000 after buying an additional 274 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in Lamb Weston during the fourth quarter valued at about $35,000. SBI Securities Co. Ltd. bought a new stake in Lamb Weston during the fourth quarter worth about $36,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Lamb Weston in the 4th quarter worth about $47,000. Finally, Advantage Trust Co bought a new position in shares of Lamb Weston during the 4th quarter valued at about $53,000. Institutional investors own 89.56% of the company’s stock.

Lamb Weston Trading Up 0.1 %

NYSE LW opened at $53.45 on Monday. The stock has a market cap of $7.54 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 1.40 and a beta of 0.48. Lamb Weston Holdings, Inc. has a fifty-two week low of $47.90 and a fifty-two week high of $89.51. The stock has a 50 day simple moving average of $53.86 and a two-hundred day simple moving average of $64.60. 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 (NYSE:LW) last announced its quarterly earnings results on Thursday, April 3rd. The specialty retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.23. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.20 earnings per share. On average, analysts forecast that Lamb Weston Holdings, Inc. will post 3.1 earnings per share for the current year.

Lamb Weston Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 2nd will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Friday, May 2nd. Lamb Weston’s payout ratio is currently 58.04%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Stifel Nicolaus dropped their target price on Lamb Weston from $68.00 to $63.00 and set a “hold” rating for the company in a research report on Friday, April 4th. Barclays cut their price objective on shares of Lamb Weston from $87.00 to $69.00 and set an “overweight” rating for the company in a research note on Monday, December 23rd. Wells Fargo & Company decreased their target price on shares of Lamb Weston from $72.00 to $66.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 2nd. StockNews.com upgraded shares of Lamb Weston to a “sell” rating in a research report on Monday, February 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $57.00 price objective on shares of Lamb Weston in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Lamb Weston presently has a consensus rating of “Hold” and a consensus target price of $71.27.

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.