Huntington National Bank acquired a new position in Lamb Weston Holdings Inc. (NYSE:LW) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,301 shares of the specialty retailer’s stock, valued at approximately $155,000.

A number of other large investors have also recently added to or reduced their stakes in LW. Dimensional Fund Advisors LP increased its position in shares of Lamb Weston Holdings by 23.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 342,995 shares of the specialty retailer’s stock valued at $14,426,000 after purchasing an additional 64,340 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Lamb Weston Holdings during the 1st quarter valued at approximately $3,441,000. Schwab Charles Investment Management Inc. increased its position in shares of Lamb Weston Holdings by 7.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 395,059 shares of the specialty retailer’s stock valued at $16,617,000 after purchasing an additional 28,153 shares during the last quarter. Driehaus Capital Management LLC bought a new position in shares of Lamb Weston Holdings during the 1st quarter valued at approximately $647,000. Finally, OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Lamb Weston Holdings by 165.9% during the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,366 shares of the specialty retailer’s stock valued at $142,000 after purchasing an additional 2,100 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the company. Zacks Investment Research downgraded Lamb Weston Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Stifel Nicolaus downgraded Lamb Weston Holdings from a “buy” rating to a “hold” rating and boosted their target price for the company from $42.00 to $44.00 in a research report on Tuesday, July 4th. Jefferies Group LLC reissued a “buy” rating and set a $58.00 target price (up previously from $53.00) on shares of Lamb Weston Holdings in a research report on Thursday, October 5th. Morgan Stanley reissued an “equal weight” rating and set a $50.00 target price (up previously from $46.00) on shares of Lamb Weston Holdings in a research report on Thursday, October 5th. Finally, Bank of America Corporation boosted their target price on Lamb Weston Holdings from $46.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 10th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $47.89.

Lamb Weston Holdings Inc. (NYSE LW) opened at 50.99 on Wednesday. The stock has a market cap of $7.45 billion and a PE ratio of 22.76. The company’s 50-day moving average price is $48.36 and its 200-day moving average price is $45.37. Lamb Weston Holdings Inc. has a 12-month low of $28.75 and a 12-month high of $51.56.

Lamb Weston Holdings (NYSE:LW) last released its quarterly earnings results on Wednesday, October 4th. The specialty retailer reported $0.57 EPS for the quarter, topping the consensus estimate of $0.50 by $0.07. Lamb Weston Holdings had a negative return on equity of 50.81% and a net margin of 10.31%. The business had revenue of $817.50 million during the quarter, compared to analyst estimates of $795.61 million. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. On average, equities analysts expect that Lamb Weston Holdings Inc. will post $2.35 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 3rd will be given a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a $0.75 annualized dividend and a dividend yield of 1.47%. Lamb Weston Holdings’s dividend payout ratio is currently 33.63%.

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Lamb Weston Holdings Company Profile

Lamb Weston Holdings, Inc (Lamb Weston), is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. The Company’s segments include Global, Foodservice, Retail and Other. The Global segment includes operations associated with Lamb Weston’s business with large chain restaurant customers, whether those results are generated in the United States or abroad, as well as operations associated with retail and foodservice customers located outside of the United States and Canada.

Institutional Ownership by Quarter for Lamb Weston Holdings (NYSE:LW)

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