Mitsubishi UFJ Asset Management Co. Ltd. reduced its holdings in Lamb Weston by 46.3%, selling 107,923 shares and owning 124,936 shares valued at approximately $6.66 million. Analysts have given Lamb Weston a consensus rating of 'Hold', with target prices ranging from $56.00 to $68.00. Lamb Weston recently announced a quarterly dividend of $0.37 per share, representing an annual yield of 2.9% on an annualized basis. A number of other large investors also recently modified their holdings of the company. Romano Brothers AND Company lifted its stake in shares of Lamb Weston by 1.4% in the first quarter. Romano Brothers AND Company now owns 15,260 shares of the specialty retailer's stock valued at $813,000 after acquiring an additional 218 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its position in Lamb Weston by 2.0% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 10,971 shares of the specialty retailer's stock worth $585,000 after purchasing an additional 219 shares during the last quarter. Norinchukin Bank raised its position in Lamb Weston by 4.0% during the fourth quarter. Norinchukin Bank now owns 5,873 shares of the specialty retailer's stock worth $392,000 after purchasing an additional 227 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in Lamb Weston by 4.0% during the first quarter. Concurrent Investment Advisors LLC now owns 5,984 shares of the specialty retailer's stock worth $319,000 after purchasing an additional 230 shares during the last quarter. Finally, Snowden Capital Advisors LLC raised its position in Lamb Weston by 8.2% during the fourth quarter. Snowden Capital Advisors LLC now owns 3,393 shares of the specialty retailer's stock worth $227,000 after purchasing an additional 256 shares during the last quarter. 89.56% of the stock is currently owned by institutional investors. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of 'Hold' and an average target price of $67.40. Lamb Weston shares opened at $51.65 on Tuesday. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38, and a quick ratio of 0.68. The stock has a 50-day moving average of $53.72 and a 200-day moving average of $53.97. The company has a market cap of $7.20 billion, a PE ratio of 20.58, a P/E/G ratio of 2.04, and a beta of 0.49. Lamb Weston has a one-year low of $47.87 and a one-year high of $83.98. Lamb Weston last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 EPS for the quarter, beating the consensus estimate of $0.64 by $0.23. The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. Lamb Weston had a return on equity of 27.99% and a net margin of 5.54%. The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the business posted $0.78 EPS. On average, equities research analysts predict that Lamb Weston will post 3.1 EPS for the current fiscal year. The business also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 1st will be paid a dividend of $0.37 per share. The ex-dividend date is Friday, August 1st. This represents a $1.48 dividend on an annualized basis and a yield of 2.9%. Lamb Weston's payout ratio is 58.96%. 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.

Mitsubishi UFJ Asset Management Co. Ltd. Sells 107,923 Shares of Lamb Weston (NYSE:LW)

Mitsubishi UFJ Asset Management Co. Ltd. reduced its holdings in Lamb Weston by 46.3%, selling 107,923 shares valued at approximately $6.66 million and now owning 124,936 shares. The company reported a consensus analyst rating of 'Hold' with a target price range of $56.00 to $68.00. Lamb Weston announced a quarterly dividend of $0.37 per share, resulting in an annual yield of 2.9% and a payout ratio of 58.96%. Other major institutional investors, including Romano Brothers AND Company, Teachers Retirement System of The State of Kentucky, Norinchukin Bank, Concurrent Investment Advisors LLC, and Snowden Capital Advisors LLC, also adjusted their positions in the company during the first or fourth quarter. Lamb Weston reported strong quarterly earnings, including $0.87 EPS and $1.68 billion in revenue, exceeding estimates, with a return on equity of 27.99% and a net margin of 5.54%. The company has a market capitalization of $7.20 billion, a PE ratio of 20.58, and a debt-to-equity ratio of 2.12. The stock has a 50-day and 200-day moving average of $53.72 and $53.97, respectively, and a one-year price range of $47.87 to $83.98. The dividend will be paid on August 29th to shareholders of record on August 1st.