Natixis Advisors LLC Increases Stake in Lamb Weston Holdings, Inc. (NYSE:LW)

Natixis Advisors LLC raised its stake in Lamb Weston Holdings, Inc. (NYSE:LW) by 19.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,249 shares of the specialty retailer’s stock after purchasing an additional 32,400 shares during the period. Natixis Advisors LLC’s holdings in Lamb Weston were worth $13,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in LW. West Oak Capital LLC grew its holdings in Lamb Weston by 155.7% during the 4th quarter. West Oak Capital LLC now owns 450 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 274 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of Lamb Weston during the 4th quarter worth $35,000. SBI Securities Co. Ltd. acquired a new position in shares of Lamb Weston during the fourth quarter worth $36,000. Prospera Private Wealth LLC purchased a new position in Lamb Weston in the third quarter valued at $39,000. Finally, Brooklyn Investment Group acquired a new stake in Lamb Weston in the third quarter valued at $40,000. 89.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft started coverage on Lamb Weston in a research report on Thursday, December 12th. They set a “hold” rating and a $81.00 price objective for the company. Sanford C. Bernstein initiated coverage on Lamb Weston in a report on Tuesday, December 3rd. They issued a “market perform” rating and a $85.00 price target for the company. Stifel Nicolaus cut their price objective on shares of Lamb Weston from $80.00 to $68.00 and set a “hold” rating on the stock in a report on Friday, December 20th. Jefferies Financial Group upped their target price on shares of Lamb Weston from $80.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Lamb Weston from $68.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Lamb Weston has a consensus rating of “Hold” and an average price target of $76.73.

Insider Activity at Lamb Weston

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

Lamb Weston Stock Performance

NYSE LW opened at $52.69 on Thursday. The business’s 50-day moving average price is $56.66 and its 200 day moving average price is $66.29. The company has a quick ratio of 0.53, a current ratio of 1.35 and a debt-to-equity ratio of 2.26. The firm has a market cap of $7.52 billion, a P/E ratio of 20.82, a P/E/G ratio of 1.40 and a beta of 0.76. Lamb Weston Holdings, Inc. has a 52-week low of $47.90 and a 52-week high of $107.50.

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

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.