Mutual of America Capital Management LLC Has $4.09 Million Stock Position in Lamb Weston Holdings, Inc. (NYSE:LW)

Mutual of America Capital Management LLC raised its position in Lamb Weston Holdings, Inc. (NYSE:LW) by 84.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 37,844 shares of the specialty retailer’s stock after acquiring an additional 17,344 shares during the period. Mutual of America Capital Management LLC’s holdings in Lamb Weston were worth $4,091,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of LW. FinTrust Capital Advisors LLC increased its stake in Lamb Weston by 24.4% during the 3rd 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. Imprint Wealth LLC lifted its position in Lamb Weston by 2.6% in the 2nd quarter. Imprint Wealth LLC now owns 4,729 shares of the specialty retailer’s stock valued at $544,000 after acquiring an additional 118 shares in the last quarter. MML Investors Services LLC boosted its stake in Lamb Weston by 0.7% during the 1st quarter. MML Investors Services LLC now owns 16,823 shares of the specialty retailer’s stock valued at $1,758,000 after purchasing an additional 119 shares during the last quarter. Horizon Investments LLC increased its holdings in Lamb Weston by 6.2% during the 2nd quarter. Horizon Investments LLC now owns 2,245 shares of the specialty retailer’s stock worth $257,000 after purchasing an additional 132 shares in the last quarter. Finally, Clear Street Markets LLC raised its stake in shares of Lamb Weston by 92.5% in the first quarter. Clear Street Markets LLC now owns 283 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 136 shares during the last quarter. Institutional investors own 89.56% of the company’s stock.

Lamb Weston Price Performance

Shares of NYSE:LW opened at $82.07 on Wednesday. The company has a 50 day moving average of $98.99 and a 200 day moving average of $99.19. The company has a current ratio of 1.19, a quick ratio of 0.52 and a debt-to-equity ratio of 1.81. The stock has a market cap of $11.85 billion, a P/E ratio of 10.96, a P/E/G ratio of 1.30 and a beta of 0.72. Lamb Weston Holdings, Inc. has a 12 month low of $77.41 and a 12 month high of $117.38.

Lamb Weston (NYSE:LW) last released its quarterly earnings results on Thursday, April 4th. The specialty retailer reported $1.20 EPS 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 analysts’ expectations of $1.65 billion. Lamb Weston had a net margin of 16.71% and a return on equity of 50.74%. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.43 earnings per share. As a group, sell-side analysts forecast that Lamb Weston Holdings, Inc. will post 5.53 EPS for the current fiscal year.

Lamb Weston Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 3rd will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend is Thursday, May 2nd. Lamb Weston’s dividend payout ratio (DPR) is 19.23%.

Wall Street Analyst Weigh In

LW has been the subject of a number of analyst reports. Stifel Nicolaus lowered their price target on Lamb Weston from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, April 5th. StockNews.com lowered Lamb Weston from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Barclays lowered their target price on Lamb Weston from $125.00 to $105.00 and set an “overweight” rating on the stock in a research note on Monday, April 8th. BNP Paribas began coverage on Lamb Weston in a research note on Monday, March 11th. They set an “outperform” rating and a $128.00 price target for the company. Finally, Wells Fargo & Company lowered their price objective on Lamb Weston from $128.00 to $98.00 and set an “overweight” rating on the stock in a research note on Friday, April 5th. One analyst has rated the stock with a sell rating and ten have given a buy rating to the company. According to MarketBeat.com, Lamb Weston currently has a consensus rating of “Moderate Buy” and an average target price of $117.40.

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.