Lamb Weston Holdings, Inc. (NYSE:LW) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in Lamb Weston Holdings, Inc. (NYSE:LW) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,684 shares of the specialty retailer’s stock after selling 768 shares during the quarter. Yousif Capital Management LLC’s holdings in Lamb Weston were worth $1,249,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Northwest Investment Counselors LLC bought a new position in Lamb Weston in the third quarter worth about $29,000. West Oak Capital LLC lifted 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 purchasing an additional 274 shares during the last quarter. Riverview Trust Co acquired a new position in Lamb Weston during the 3rd quarter valued at approximately $35,000. Kennebec Savings Bank bought a new position in Lamb Weston during the 3rd quarter worth $39,000. Finally, Prospera Private Wealth LLC bought a new position in Lamb Weston during the 3rd quarter worth $39,000. 89.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Barclays reduced their price target on shares of Lamb Weston from $87.00 to $69.00 and set an “overweight” rating for the company in a report on Monday, December 23rd. Citigroup lowered shares of Lamb Weston from a “buy” rating to a “neutral” rating and reduced their target price for the company from $90.00 to $68.00 in a research note on Friday, December 20th. Bank of America raised their price target on shares of Lamb Weston from $68.00 to $80.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. Jefferies Financial Group boosted their price objective on Lamb Weston from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Lamb Weston in a research report on Thursday, December 12th. They issued a “hold” rating and a $81.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Lamb Weston has a consensus rating of “Hold” and an average price target of $81.00.

Insiders Place Their Bets

In other news, Director Charles A. Blixt purchased 1,200 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average price of $63.25 per share, for a total transaction of $75,900.00. Following the completion of the acquisition, the director now directly owns 22,982 shares of the company’s stock, valued at $1,453,611.50. The trade was a 5.51 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert A. Niblock acquired 3,000 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average cost of $60.94 per share, with a total value of $182,820.00. Following the purchase, the director now directly owns 26,406 shares in the company, valued at approximately $1,609,181.64. This trade represents a 12.82 % increase in their position. The disclosure for this purchase can be found here. 0.72% of the stock is currently owned by company insiders.

Lamb Weston Stock Up 1.5 %

LW opened at $57.34 on Friday. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35. The company has a market capitalization of $8.18 billion, a PE ratio of 22.67, a P/E/G ratio of 1.46 and a beta of 0.72. The stock’s fifty day moving average is $64.93 and its 200-day moving average is $67.49. Lamb Weston Holdings, Inc. has a one year low of $52.99 and a one year high of $107.50.

Lamb Weston (NYSE:LW) last issued its quarterly earnings results on Thursday, December 19th. The specialty retailer reported $0.66 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.35). Lamb Weston had a return on equity of 27.82% and a net margin of 5.80%. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter last year, the firm posted $1.45 earnings per share. Lamb Weston’s revenue was down 7.5% compared to the same quarter last year. On average, equities analysts predict that Lamb Weston Holdings, Inc. will post 3.1 EPS for the current fiscal year.

Lamb Weston Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 31st will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.58%. This is a boost from Lamb Weston’s previous quarterly dividend of $0.36. The ex-dividend date is Friday, January 31st. Lamb Weston’s dividend payout ratio (DPR) is presently 58.50%.

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.