UBS Group AG lowered its position in Lamb Weston Holdings Inc (NYSE:LW) by 67.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,122 shares of the specialty retailer’s stock after selling 166,796 shares during the period. UBS Group AG owned about 0.05% of Lamb Weston worth $4,518,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in LW. Verus Capital Partners LLC purchased a new stake in shares of Lamb Weston in the fourth quarter valued at about $27,000. Sugarloaf Wealth Management LLC purchased a new stake in Lamb Weston during the fourth quarter worth about $28,000. Danda Trouve Investment Management Inc. purchased a new stake in Lamb Weston during the fourth quarter worth about $35,000. Cullen Frost Bankers Inc. increased its holdings in Lamb Weston by 412.0% during the fourth quarter. Cullen Frost Bankers Inc. now owns 425 shares of the specialty retailer’s stock worth $37,000 after buying an additional 342 shares during the last quarter. Finally, Engrave Wealth Partners LLC purchased a new stake in Lamb Weston during the fourth quarter worth about $38,000. Institutional investors own 84.97% of the company’s stock.

Shares of NYSE:LW opened at $55.83 on Friday. The company has a 50-day moving average price of $57.03 and a two-hundred day moving average price of $76.54. The company has a quick ratio of 0.84, a current ratio of 1.85 and a debt-to-equity ratio of 8.12. Lamb Weston Holdings Inc has a twelve month low of $39.06 and a twelve month high of $96.32. The firm has a market capitalization of $8.22 billion, a PE ratio of 17.18, a P/E/G ratio of 6.35 and a beta of 0.84.

Lamb Weston (NYSE:LW) last released its quarterly earnings data on Wednesday, April 1st. The specialty retailer reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.15). Lamb Weston had a net margin of 12.12% and a return on equity of 342.27%. The firm had revenue of $937.40 million during the quarter, compared to the consensus estimate of $953.62 million. During the same quarter last year, the business posted $0.95 earnings per share. Lamb Weston’s revenue was up 1.1% compared to the same quarter last year. Analysts anticipate that Lamb Weston Holdings Inc will post 2.61 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be given a $0.23 dividend. The ex-dividend date is Thursday, May 7th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.65%. Lamb Weston’s dividend payout ratio (DPR) is currently 28.57%.

LW has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their price objective on shares of Lamb Weston from $92.00 to $57.00 and set a “hold” rating for the company in a report on Thursday, April 2nd. Zacks Investment Research downgraded shares of Lamb Weston from a “buy” rating to a “hold” rating and set a $73.00 price objective for the company. in a report on Friday, March 13th. Barclays restated a “buy” rating and set a $60.00 price objective on shares of Lamb Weston in a report on Tuesday. Bank of America downgraded shares of Lamb Weston from a “buy” rating to a “neutral” rating in a report on Thursday, March 19th. Finally, JPMorgan Chase & Co. cut their target price on shares of Lamb Weston from $62.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $61.00.

Lamb Weston Profile

Lamb Weston Holdings, Inc produces, distributes, and markets value-added frozen potato products worldwide. It operates through four segments: Global, Foodservice, Retail, and Other. The company offers frozen potatoes, sweet potatoes, and appetizers under the Lamb Weston brand name, as well as various customer labels.

Featured Article: Portfolio Manager

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:LW).

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.