Aigen Investment Management LP made a new investment of $1.31 million in Lamb Weston (NYSE:LW), acquiring 24,621 shares during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased the shares valued at approximately $1,312,000. Several other institutional investors and hedge funds have also modified their holdings of LW. Romano Brothers AND Company increased its holdings by 1.4% in the first quarter, now owning 15,260 shares valued at $813,000. Teachers Retirement System of The State of Kentucky increased its holdings by 2.0%, now owning 10,971 shares valued at $585,000. Norinchukin Bank increased its holdings by 4.0% in the fourth quarter, now owning 5,873 shares valued at $392,000. Concurrent Investment Advisors LLC increased its holdings by 4.0% in the first quarter, now owning 5,984 shares valued at $319,000. Snowden Capital Advisors LLC increased its holdings by 8.2% in the fourth quarter, now owning 3,393 shares valued at $227,000. Eighty-nine point five six percent of the stock is currently owned by institutional investors and hedge funds.\n\nLamb Weston reported $0.87 earnings per share in its latest earnings release, surpassing estimates and showing a 4% increase in revenue compared to the previous year. The company announced a $0.37 quarterly dividend with a yield of 2.9%, set to be paid on August 29th, indicating a payout ratio of 58.96%. The company has a 50-day simple moving average of $53.67 and a 200-day simple moving average of $53.96. Lamb Weston traded up $1.32 during mid-day trading on Tuesday, hitting $52.97, with 1,799,616 shares exchanged, compared to its average volume of 2,699,512. The company has a current ratio of 1.38, a quick ratio of 0.68, and a debt-to-equity ratio of 2.12. The firm has a fifty-two week low of $47.87 and a fifty-two week high of $83.98. The company has a market capitalization of $7.38 billion, a P/E ratio of 21.10, a PEG ratio of 2.05, and a beta of 0.49.\n\nLamb Weston last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 EPS for the quarter, topping the consensus estimate of $0.64 by $0.23. Lamb Weston had a net margin of 5.54% and a return on equity of 27.99%. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the company earned $0.78 EPS. The firm's revenue was up 4.0% compared to the same quarter last year. As a group, research analysts expect that Lamb Weston will post 3.1 earnings per share for the current year. The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 1st will be given a $0.37 dividend. The ex-dividend date is Friday, August 1st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.8%. Lamb Weston's payout ratio is 58.96%.\n\nLamb 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.\n\nWall Street analysts have provided several recent reports on Lamb Weston. Wells Fargo & Company raised their target price on shares of Lamb Weston from $65.00 to $66.00 and gave the company an 'overweight' rating in a report on Thursday, July 24th. Stifel Nicolaus set a $56.00 target price on shares of Lamb Weston and gave the company a 'hold' rating in a report on Thursday, April 24th. Bank of America decreased their target price on shares of Lamb Weston from $60.00 to $56.00 and set a 'neutral' rating on the stock in a report on Wednesday, June 18th. Barclays raised their price target on shares of Lamb Weston from $61.00 to $68.00 and gave the company an 'overweight' rating in a research note on Friday, July 25th. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of 'Hold' and an average price target of $67.40.

Aigen Investment Management LP Makes New $1.31 Million Investment in Lamb Weston (NYSE:LW)

Aigen Investment Management LP invested $1.31 million in Lamb Weston (NYSE:LW) by acquiring 24,621 shares during the first quarter, as reported in its 13F filing with the SEC. Other institutional investors and hedge funds also adjusted their holdings, with Romano Brothers AND Company, Teachers Retirement System of The State of Kentucky, Norinchukin Bank, Concurrent Investment Advisors LLC, and Snowden Capital Advisors LLC increasing their positions. Lamb Weston reported earnings per share of $0.87, exceeding estimates, with a 4% revenue increase year-over-year and a $0.37 quarterly dividend yielding 2.9%. The company has a market capitalization of $7.38 billion, a P/E ratio of 21.10, and a payout ratio of 58.96%. Wall Street analysts have issued varied ratings and target prices, with Wells Fargo and Barclays raising their target prices and giving 'overweight' ratings, while Bank of America lowered its target and rating to 'neutral'.