Candriam Luxembourg S.C.A. decreased its position in Lamb Weston Holdings Inc (NYSE:LW) by 22.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 10,927 shares of the specialty retailer’s stock after selling 3,235 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Lamb Weston Holdings were worth $460,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Symons Capital Management Inc. purchased a new position in shares of Lamb Weston Holdings during the fourth quarter worth approximately $5,487,000. Cipher Capital LP bought a new stake in Lamb Weston Holdings during the fourth quarter valued at about $1,984,000. Clark Capital Management Group Inc. bought a new stake in Lamb Weston Holdings during the fourth quarter valued at about $329,000. Comerica Bank bought a new stake in Lamb Weston Holdings during the fourth quarter valued at about $23,580,000. Finally, State Board of Administration of Florida Retirement System bought a new stake in Lamb Weston Holdings during the fourth quarter valued at about $7,665,000. Institutional investors own 6.40% of the company’s stock.

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

Shares of Lamb Weston Holdings Inc (NYSE:LW) traded up 0.43% during midday trading on Friday, hitting $44.13. The stock had a trading volume of 147,203 shares. Lamb Weston Holdings Inc has a 1-year low of $28.75 and a 1-year high of $44.84. The stock has a market cap of $6.45 billion and a price-to-earnings ratio of 21.75. The firm’s 50-day moving average price is $42.34 and its 200-day moving average price is $38.95.

Lamb Weston Holdings (NYSE:LW) last announced its quarterly earnings data on Thursday, April 6th. The specialty retailer reported $0.59 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.05. The firm had revenue of $768.50 million during the quarter, compared to analyst estimates of $759.74 million. Lamb Weston Holdings’s revenue was up 5.5% compared to the same quarter last year. Analysts forecast that Lamb Weston Holdings Inc will post $2.30 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 2nd. Shareholders of record on Sunday, April 30th will be paid a $0.1875 dividend. The ex-dividend date of this dividend is Wednesday, April 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.71%.

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Several research firms have recently issued reports on LW. Berenberg Bank started coverage on Lamb Weston Holdings in a report on Tuesday. They set a “buy” rating and a $49.00 target price on the stock. Jefferies Group LLC restated a “buy” rating and set a $50.00 price objective on shares of Lamb Weston Holdings in a research report on Tuesday, May 9th. Zacks Investment Research upgraded Lamb Weston Holdings from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Friday, April 7th. Stifel Nicolaus downgraded Lamb Weston Holdings from a “buy” rating to a “hold” rating and upped their price objective for the stock from $42.00 to $44.00 in a research report on Friday, April 7th. Finally, Goldman Sachs Group Inc initiated coverage on Lamb Weston Holdings in a research report on Wednesday, February 8th. They issued a “neutral” rating and a $38.00 target price for the company. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Lamb Weston Holdings has an average rating of “Buy” and a consensus price target of $41.25.

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.

5 Day Chart for NYSE:LW

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