Lamb Weston Holdings, Inc. (NYSE:LW) Sees Giant Drop in Quick Curiosity
Lamb Weston Holdings, Inc. (NYSE:LW – Get Ranking) noticed a big lower briefly curiosity within the month of August. As of August thirty first, there was brief curiosity totalling 2,390,000 shares, a lower of 9.1% from the August fifteenth complete of two,630,000 shares. Primarily based on a mean every day buying and selling quantity, of 1,310,000 shares, the days-to-cover ratio is presently 1.8 days. Roughly 1.7% of the corporate’s shares are brief bought.
Insider Transactions at Lamb Weston
In associated information, SVP Eryk J. Spytek bought 3,867 shares of the agency’s inventory in a transaction dated Thursday, July seventh. The shares have been bought at a mean worth of $75.00, for a complete transaction of $290,025.00. Following the transaction, the senior vp now straight owns 37,955 shares of the corporate’s inventory, valued at $2,846,625. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which may be accessed via the SEC web site. In different information, SVP Gerardo Scheufler bought 2,786 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, August tenth. The shares have been bought at a mean worth of $81.01, for a complete worth of $225,693.86. Following the completion of the sale, the senior vp now straight owns 29,685 shares within the firm, valued at roughly $2,404,781.85. The sale was disclosed in a doc filed with the SEC, which is obtainable at this hyperlink. Additionally, SVP Eryk J. Spytek bought 3,867 shares of the enterprise’s inventory in a transaction that occurred on Thursday, July seventh. The inventory was bought at a mean worth of $75.00, for a complete transaction of $290,025.00. Following the completion of the sale, the senior vp now owns 37,955 shares of the corporate’s inventory, valued at $2,846,625. The disclosure for this sale may be discovered right here. Insiders bought a complete of 9,654 shares of firm inventory price $755,709 during the last three months. 0.80% of the inventory is owned by firm insiders.
Hedge Funds Weigh In On Lamb Weston
A number of hedge funds have just lately added to or decreased their stakes in LW. Vanguard Group Inc. lifted its place in shares of Lamb Weston by 1.2% throughout the first quarter. Vanguard Group Inc. now owns 16,085,009 shares of the specialty retailer’s inventory price $963,653,000 after buying a further 198,274 shares over the past quarter. State Road Corp raised its holdings in shares of Lamb Weston by 3.4% within the first quarter. State Road Corp now owns 5,224,012 shares of the specialty retailer’s inventory valued at $312,971,000 after buying a further 172,399 shares within the final quarter. TPG GP A LLC raised its holdings in shares of Lamb Weston by 64.7% within the second quarter. TPG GP A LLC now owns 5,144,379 shares of the specialty retailer’s inventory valued at $367,617,000 after buying a further 2,021,259 shares within the final quarter. London Co. of Virginia raised its holdings in shares of Lamb Weston by 39.9% within the fourth quarter. London Co. of Virginia now owns 3,701,715 shares of the specialty retailer’s inventory valued at $234,615,000 after buying a further 1,055,579 shares within the final quarter. Lastly, Thrivent Monetary for Lutherans raised its holdings in Lamb Weston by 0.9% within the second quarter. Thrivent Monetary for Lutherans now owns 3,606,920 shares of the specialty retailer’s inventory price $257,750,000 after buying a further 30,592 shares within the final quarter. 90.05% of the inventory is at the moment owned by institutional buyers.
Lamb Weston Worth Efficiency
Shares of NYSE:LW opened at $76.56 on Monday. The corporate has a market capitalization of $11.00 billion, a P/E ratio of 55.88, a P/E/G ratio of 1.18 and a beta of 0.53. The corporate has a debt-to-equity ratio of seven.48, a present ratio of two.37 and a fast ratio of 1.55. Lamb Weston has a 1-year low of $49.71 and a 1-year excessive of $83.29. The agency’s 50 day easy shifting common is $78.74 and its two-hundred day easy shifting common is $69.18.
Lamb Weston (NYSE:LW – Get Ranking) final launched its quarterly earnings knowledge on Wednesday, July twenty seventh. The specialty retailer reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.14. Lamb Weston had a internet margin of 4.90% and a return on fairness of 78.71%. The agency had income of $1.15 billion for the quarter, in comparison with analysts’ expectations of $1.07 billion. Analysis analysts count on that Lamb Weston will submit 2.79 EPS for the present fiscal 12 months.
Lamb Weston Dividend Announcement
The corporate additionally just lately declared a quarterly dividend, which was paid on Friday, September 2nd. Traders of document on Friday, August fifth have been issued a dividend of $0.245 per share. The ex-dividend date was Thursday, August 4th. This represents a $0.98 annualized dividend and a yield of 1.28%. Lamb Weston’s payout ratio is 71.53%.
Wall Road Analyst Weigh In
Individually, TheStreet lowered shares of Lamb Weston from a “b-” score to a “c+” score in a analysis notice on Wednesday, July twenty seventh. Two analysis analysts have rated the inventory with a maintain score and two have assigned a purchase score to the corporate’s inventory. In keeping with MarketBeat.com, the corporate presently has a mean score of “Reasonable Purchase” and a mean worth goal of $67.67.
Lamb Weston Firm Profile
Lamb Weston Holdings, Inc produces, distributes, and markets value-added frozen potato merchandise worldwide. It operates via 4 segments: World, Foodservice, Retail, and Different. The corporate presents frozen potatoes, business elements, and appetizers underneath the Lamb Weston model, in addition to underneath numerous buyer labels.
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