Dimensional Fund Advisors LP raised its position in shares of Lamb Weston Holdings Inc. (NYSE:LW) by 23.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 342,995 shares of the specialty retailer’s stock after buying an additional 64,340 shares during the period. Dimensional Fund Advisors LP owned approximately 0.23% of Lamb Weston Holdings worth $14,426,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Transamerica Financial Advisors Inc. boosted its position in Lamb Weston Holdings by 0.7% in the first quarter. Transamerica Financial Advisors Inc. now owns 3,845 shares of the specialty retailer’s stock worth $162,000 after buying an additional 26 shares in the last quarter. State Treasurer State of Michigan boosted its position in Lamb Weston Holdings by 0.9% in the first quarter. State Treasurer State of Michigan now owns 56,400 shares of the specialty retailer’s stock worth $2,372,000 after buying an additional 500 shares during the period. Advantus Capital Management Inc boosted its position in Lamb Weston Holdings by 3.1% in the first quarter. Advantus Capital Management Inc now owns 17,766 shares of the specialty retailer’s stock worth $747,000 after buying an additional 528 shares during the period. Azimuth Capital Management LLC boosted its position in Lamb Weston Holdings by 8.0% in the first quarter. Azimuth Capital Management LLC now owns 8,363 shares of the specialty retailer’s stock worth $352,000 after buying an additional 621 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Lamb Weston Holdings by 4.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,234 shares of the specialty retailer’s stock worth $725,000 after buying an additional 656 shares during the period. Hedge funds and other institutional investors own 77.05% of the company’s stock.

Shares of Lamb Weston Holdings Inc. (NYSE:LW) traded up 0.82% during mid-day trading on Wednesday, hitting $45.39. The stock had a trading volume of 53,441 shares. The stock has a market cap of $6.63 billion and a P/E ratio of 20.45. The company’s 50 day moving average price is $44.06 and its 200 day moving average price is $42.85. Lamb Weston Holdings Inc. has a 12-month low of $28.75 and a 12-month high of $49.94.

Lamb Weston Holdings (NYSE:LW) last issued its quarterly earnings data on Tuesday, July 25th. The specialty retailer reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. The firm had revenue of $833 million during the quarter, compared to analyst estimates of $810.85 million. During the same quarter in the prior year, the firm earned $0.29 EPS. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts predict that Lamb Weston Holdings Inc. will post $2.30 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 4th will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Wednesday, August 2nd.

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A number of research analysts have commented on the company. Berenberg Bank assumed coverage on Lamb Weston Holdings in a research note on Tuesday, May 16th. They set a “buy” rating and a $49.00 price target on the stock. Stifel Nicolaus cut Lamb Weston Holdings from a “buy” rating to a “hold” rating and upped their price target for the stock from $42.00 to $44.00 in a research note on Tuesday, July 4th. Jefferies Group LLC restated a “buy” rating and set a $53.00 price target (up from $50.00) on shares of Lamb Weston Holdings in a research note on Friday, May 19th. Zacks Investment Research cut Lamb Weston Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Finally, Morgan Stanley restated an “equal weight” rating and set a $46.00 price target (up from $45.00) on shares of Lamb Weston Holdings in a research note on Wednesday, July 26th. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $46.22.

About Lamb Weston Holdings

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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