WD Rutherford LLC Sells 180 Shares of Lamb Weston Holdings, Inc. (NYSE:LW)

WD Rutherford LLC cut its stake in Lamb Weston Holdings, Inc. (NYSE:LW) by 5.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,010 shares of the specialty retailer’s stock after selling 180 shares during the period. WD Rutherford LLC’s holdings in Lamb Weston were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. FinTrust Capital Advisors LLC lifted its holdings in Lamb Weston by 24.4% during the third quarter. FinTrust Capital Advisors LLC now owns 582 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 114 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Lamb Weston by 4.9% in the third quarter. IFP Advisors Inc now owns 3,110 shares of the specialty retailer’s stock worth $288,000 after buying an additional 146 shares in the last quarter. VisionPoint Advisory Group LLC lifted its holdings in shares of Lamb Weston by 113.4% in the third quarter. VisionPoint Advisory Group LLC now owns 303 shares of the specialty retailer’s stock worth $28,000 after buying an additional 161 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of Lamb Weston by 17.6% in the third quarter. Private Trust Co. NA now owns 1,084 shares of the specialty retailer’s stock worth $100,000 after buying an additional 162 shares in the last quarter. Finally, Family Legacy Inc. lifted its holdings in shares of Lamb Weston by 1.5% in the fourth quarter. Family Legacy Inc. now owns 11,157 shares of the specialty retailer’s stock worth $1,206,000 after buying an additional 168 shares in the last quarter. 89.56% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on LW. BNP Paribas began coverage on shares of Lamb Weston in a report on Monday, March 11th. They issued an “outperform” rating and a $128.00 target price on the stock. Citigroup lowered their target price on shares of Lamb Weston from $132.00 to $106.00 and set a “buy” rating on the stock in a report on Monday, April 8th. Stifel Nicolaus lowered their target price on shares of Lamb Weston from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, April 5th. Wells Fargo & Company reduced their price target on shares of Lamb Weston from $128.00 to $98.00 and set an “overweight” rating on the stock in a research report on Friday, April 5th. Finally, Bank of America reduced their price target on shares of Lamb Weston from $138.00 to $113.00 and set a “buy” rating on the stock in a research report on Friday, April 5th. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.40.

Lamb Weston Trading Up 0.4 %

LW stock opened at $83.85 on Friday. The company has a quick ratio of 0.52, a current ratio of 1.19 and a debt-to-equity ratio of 1.81. Lamb Weston Holdings, Inc. has a twelve month low of $77.41 and a twelve month high of $117.38. The stock has a market capitalization of $12.11 billion, a price-to-earnings ratio of 11.19, a price-to-earnings-growth ratio of 1.36 and a beta of 0.72. The firm’s fifty day simple moving average is $95.51 and its two-hundred day simple moving average is $98.45.

Lamb Weston (NYSE:LW) last posted its quarterly earnings data on Thursday, April 4th. The specialty retailer reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.20). The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.65 billion. Lamb Weston had a net margin of 16.71% and a return on equity of 50.74%. The company’s revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.43 EPS. As a group, analysts anticipate that Lamb Weston Holdings, Inc. will post 5.52 earnings per share for the current year.

Lamb Weston Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 3rd will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Thursday, May 2nd. Lamb Weston’s dividend payout ratio is currently 19.23%.

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.