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

Aull & Monroe Investment Management Corp cut its holdings in Lamb Weston (NYSE:LW) by 19.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,243 shares of the specialty retailer’s stock after selling 1,000 shares during the quarter. Aull & Monroe Investment Management Corp’s holdings in Lamb Weston were worth $220,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of Lamb Weston by 23.0% during the first quarter. Envestnet Asset Management Inc. now owns 723,215 shares of the specialty retailer’s stock valued at $38,547,000 after purchasing an additional 135,188 shares in the last quarter. Jump Financial LLC boosted its stake in shares of Lamb Weston by 2,603.3% during the first quarter. Jump Financial LLC now owns 189,826 shares of the specialty retailer’s stock valued at $10,118,000 after purchasing an additional 182,804 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Lamb Weston during the first quarter valued at about $1,059,000. Liberty One Investment Management LLC boosted its stake in shares of Lamb Weston by 17.4% during the first quarter. Liberty One Investment Management LLC now owns 411,353 shares of the specialty retailer’s stock valued at $21,925,000 after purchasing an additional 61,085 shares in the last quarter. Finally, Edgestream Partners L.P. acquired a new stake in shares of Lamb Weston during the first quarter valued at about $3,847,000. 89.56% of the stock is owned by institutional investors and hedge funds.

Lamb Weston Price Performance

Shares of LW opened at $65.02 on Friday. Lamb Weston has a 52-week low of $47.87 and a 52-week high of $83.98. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.77 and a current ratio of 1.49. The business’s 50 day moving average price is $57.82 and its two-hundred day moving average price is $54.96. The firm has a market cap of $9.06 billion, a PE ratio of 31.11, a price-to-earnings-growth ratio of 4.31 and a beta of 0.52.

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

Lamb Weston Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, October 31st. This represents a $1.48 annualized dividend and a yield of 2.3%. Lamb Weston’s payout ratio is 70.81%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LW shares. Weiss Ratings lowered Lamb Weston from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. JPMorgan Chase & Co. assumed coverage on Lamb Weston in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $57.00 price objective on the stock. Sanford C. Bernstein set a $65.00 price objective on Lamb Weston and gave the stock a “market perform” rating in a research note on Wednesday, October 1st. Stifel Nicolaus set a $66.00 price objective on Lamb Weston in a research note on Wednesday, October 1st. Finally, BNP Paribas Exane lifted their price objective on Lamb Weston from $64.00 to $66.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Lamb Weston presently has an average rating of “Hold” and a consensus price target of $65.70.

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.