Central Pacific Bank Trust Division Buys Shares of 900 Lamb Weston Holdings, Inc. (NYSE:LW)

Central Pacific Bank Trust Division purchased a new stake in Lamb Weston Holdings, Inc. (NYSE:LWFree Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 900 shares of the specialty retailer’s stock, valued at approximately $94,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. WFA Asset Management Corp grew its holdings in Lamb Weston by 248.6% during the 1st quarter. WFA Asset Management Corp now owns 244 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 174 shares in the last quarter. VisionPoint Advisory Group LLC boosted its holdings in shares of Lamb Weston by 113.4% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 303 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 161 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new position in shares of Lamb Weston in the 1st quarter valued at $32,000. Vima LLC acquired a new position in shares of Lamb Weston in the 4th quarter valued at $50,000. Finally, Headlands Technologies LLC acquired a new stake in Lamb Weston during the 4th quarter worth $51,000. 89.56% of the stock is owned by hedge funds and other institutional investors.

Lamb Weston Price Performance

Lamb Weston stock opened at $77.98 on Thursday. Lamb Weston Holdings, Inc. has a 12-month low of $76.67 and a 12-month high of $117.38. The stock has a market capitalization of $11.26 billion, a P/E ratio of 10.41, a P/E/G ratio of 1.32 and a beta of 0.74. The firm’s 50-day moving average is $85.10 and its two-hundred day moving average is $94.43. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.19 and a quick ratio of 0.52.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on LW shares. Bank of America decreased their price target on shares of Lamb Weston from $138.00 to $113.00 and set a “buy” rating for the company in a research note on Friday, April 5th. Wells Fargo & Company decreased their price target on shares of Lamb Weston from $128.00 to $98.00 and set an “overweight” rating for the company in a research note on Friday, April 5th. Barclays cut their price objective on shares of Lamb Weston from $125.00 to $105.00 and set an “overweight” rating for the company in a research report on Monday, April 8th. Stifel Nicolaus cut their price objective on shares of Lamb Weston from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, April 5th. Finally, Citigroup cut their price objective on shares of Lamb Weston from $106.00 to $104.00 and set a “buy” rating for the company in a research report on Wednesday. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, Lamb Weston presently has a consensus rating of “Moderate Buy” and an average target price of $117.20.

View Our Latest Stock Analysis on LW

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.

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

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