Roosevelt Investment Group Inc. trimmed its holdings in shares of Lamb Weston Holdings Inc. (NYSE:LW) by 15.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,838 shares of the specialty retailer’s stock after selling 17,639 shares during the quarter. Roosevelt Investment Group Inc. owned approximately 0.06% of Lamb Weston Holdings worth $4,447,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in LW. Dimensional Fund Advisors LP grew its position in Lamb Weston Holdings by 23.1% during the first quarter. Dimensional Fund Advisors LP now owns 342,995 shares of the specialty retailer’s stock valued at $14,426,000 after buying an additional 64,340 shares during the period. Renaissance Technologies LLC bought a new position in shares of Lamb Weston Holdings in the first quarter worth approximately $3,441,000. State of Alaska Department of Revenue bought a new position in shares of Lamb Weston Holdings in the second quarter worth approximately $175,000. Oregon Public Employees Retirement Fund boosted its position in shares of Lamb Weston Holdings by 4.4% in the second quarter. Oregon Public Employees Retirement Fund now owns 50,767 shares of the specialty retailer’s stock worth $2,236,000 after purchasing an additional 2,120 shares during the period. Finally, LS Investment Advisors LLC boosted its position in shares of Lamb Weston Holdings by 19.4% in the second quarter. LS Investment Advisors LLC now owns 11,193 shares of the specialty retailer’s stock worth $493,000 after purchasing an additional 1,815 shares during the period. Institutional investors own 79.88% of the company’s stock.

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Lamb Weston Holdings Inc. (LW) traded down $0.24 during mid-day trading on Monday, hitting $53.21. 853,000 shares of the stock traded hands, compared to its average volume of 979,813. Lamb Weston Holdings Inc. has a 1 year low of $30.43 and a 1 year high of $54.03. The company has a debt-to-equity ratio of -4.10, a current ratio of 1.62 and a quick ratio of 0.67. The stock has a market capitalization of $7,780.00 and a P/E ratio of 23.14.

Lamb Weston Holdings (NYSE:LW) last released its quarterly earnings results on Wednesday, October 4th. The specialty retailer reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.07. The company had revenue of $817.50 million for the quarter, compared to the consensus estimate of $795.61 million. Lamb Weston Holdings had a net margin of 10.31% and a negative return on equity of 50.81%. The business’s revenue was up 5.3% on a year-over-year basis. equities analysts expect that Lamb Weston Holdings Inc. will post 2.36 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 3rd will be paid a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date is Thursday, November 2nd. Lamb Weston Holdings’s payout ratio is 33.48%.

A number of research firms have weighed in on LW. Jefferies Group LLC reiterated a “buy” rating and issued a $53.00 price target on shares of Lamb Weston Holdings in a research report on Monday, September 25th. Bank of America Corporation upped their price target on shares of Lamb Weston Holdings from $52.00 to $57.00 and gave the stock a “buy” rating in a research report on Monday, November 6th. Morgan Stanley reiterated an “equal weight” rating and issued a $50.00 price target (up from $46.00) on shares of Lamb Weston Holdings in a research report on Thursday, October 5th. Finally, Zacks Investment Research upgraded shares of Lamb Weston Holdings from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Friday, October 6th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Lamb Weston Holdings has a consensus rating of “Buy” and a consensus target price of $50.63.

Lamb Weston Holdings 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.

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

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