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

Natixis Advisors LLC increased its position in shares of Lamb Weston Holdings, Inc. (NYSE:LW) by 19.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 201,249 shares of the specialty retailer’s stock after buying an additional 32,400 shares during the period. Natixis Advisors LLC owned about 0.14% of Lamb Weston worth $13,449,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in LW. West Oak Capital LLC grew its position 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 buying an additional 274 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in Lamb Weston in the fourth quarter valued at about $35,000. SBI Securities Co. Ltd. purchased a new stake in shares of Lamb Weston during the fourth quarter worth about $36,000. Prospera Private Wealth LLC acquired a new position in shares of Lamb Weston during the third quarter valued at about $39,000. Finally, Brooklyn Investment Group purchased a new position in shares of Lamb Weston in the 3rd quarter valued at approximately $40,000. 89.56% of the stock is currently owned by institutional investors.

Insider Activity at Lamb Weston

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

Lamb Weston Price Performance

Shares of NYSE LW opened at $52.69 on Thursday. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 20.82, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. The company has a quick ratio of 0.53, a current ratio of 1.35 and a debt-to-equity ratio of 2.26. Lamb Weston Holdings, Inc. has a 52 week low of $47.90 and a 52 week high of $107.50. The firm has a 50-day simple moving average of $56.66 and a 200-day simple moving average of $66.29.

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

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Lamb Weston in a research report on Thursday, December 12th. They set a “hold” rating and a $81.00 price target for the company. Sanford C. Bernstein began 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. JPMorgan Chase & Co. raised their price objective on Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, December 16th. Citigroup downgraded Lamb Weston from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $90.00 to $68.00 in a research note on Friday, December 20th. Finally, Barclays dropped their price target on shares of Lamb Weston from $87.00 to $69.00 and set an “overweight” rating on the stock in a research note on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Lamb Weston has an average rating of “Hold” and an average target price of $76.73.

About Lamb Weston

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.