Campbell & CO Investment Adviser LLC Makes New $510,000 Investment in Lamb Weston Holdings, Inc. (NYSE:LW)

Campbell & CO Investment Adviser LLC bought a new position in Lamb Weston Holdings, Inc. (NYSE:LWFree Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 5,515 shares of the specialty retailer’s stock, valued at approximately $510,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. increased its holdings in shares of Lamb Weston by 28.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 104,527 shares of the specialty retailer’s stock valued at $9,665,000 after purchasing an additional 23,085 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of Lamb Weston by 6.8% during the second quarter. Daiwa Securities Group Inc. now owns 11,473 shares of the specialty retailer’s stock valued at $1,319,000 after purchasing an additional 733 shares during the period. Illinois Municipal Retirement Fund increased its holdings in shares of Lamb Weston by 31.8% during the second quarter. Illinois Municipal Retirement Fund now owns 15,809 shares of the specialty retailer’s stock valued at $1,817,000 after purchasing an additional 3,813 shares during the period. Lmcg Investments LLC increased its holdings in shares of Lamb Weston by 2.2% during the third quarter. Lmcg Investments LLC now owns 13,946 shares of the specialty retailer’s stock valued at $1,289,000 after purchasing an additional 304 shares during the period. Finally, State of Wisconsin Investment Board increased its holdings in shares of Lamb Weston by 31.3% during the second quarter. State of Wisconsin Investment Board now owns 173,152 shares of the specialty retailer’s stock valued at $19,904,000 after purchasing an additional 41,294 shares during the period. 85.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on LW shares. Citigroup began coverage on Lamb Weston in a report on Thursday, February 1st. They set a “buy” rating and a $132.00 price target on the stock. StockNews.com cut Lamb Weston from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. Stifel Nicolaus raised their target price on Lamb Weston from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, January 5th. Finally, Wells Fargo & Company began coverage on Lamb Weston in a research note on Tuesday, December 12th. They set an “overweight” rating and a $120.00 target price for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Lamb Weston presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.11.

Check Out Our Latest Research Report on LW

Lamb Weston Trading Up 0.3 %

NYSE:LW opened at $101.14 on Tuesday. Lamb Weston Holdings, Inc. has a 1-year low of $81.25 and a 1-year high of $117.38. The firm has a market capitalization of $14.60 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 1.14 and a beta of 0.72. The company has a quick ratio of 0.57, a current ratio of 1.29 and a debt-to-equity ratio of 1.95. The stock has a fifty day simple moving average of $105.22 and a 200 day simple moving average of $98.80.

Lamb Weston (NYSE:LWGet Free Report) last announced its quarterly earnings data on Thursday, January 4th. The specialty retailer reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.03. Lamb Weston had a return on equity of 63.19% and a net margin of 17.71%. The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same period last year, the company posted $1.28 EPS. The business’s quarterly revenue was up 35.6% compared to the same quarter last year. Sell-side analysts forecast that Lamb Weston Holdings, Inc. will post 5.94 earnings per share for the current year.

Lamb Weston Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Shareholders of record on Friday, February 2nd will be given a dividend of $0.36 per share. The ex-dividend date is Thursday, February 1st. This is a positive change from Lamb Weston’s previous quarterly dividend of $0.28. This represents a $1.44 dividend on an annualized basis and a yield of 1.42%. Lamb Weston’s dividend payout ratio (DPR) is presently 18.73%.

Lamb Weston Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding LW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lamb Weston Holdings, Inc. (NYSE:LWFree Report).

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

Receive News & Ratings for Lamb Weston Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lamb Weston and related companies with MarketBeat.com's FREE daily email newsletter.