Nomura Holdings Inc. Has $1.78 Million Stake in Lamb Weston Holdings Inc. (LW)

Nomura Holdings Inc. lowered its stake in Lamb Weston Holdings Inc. (NYSE:LW) by 53.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,340 shares of the specialty retailer’s stock after selling 45,425 shares during the quarter. Nomura Holdings Inc.’s holdings in Lamb Weston Holdings were worth $1,782,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of LW. BlackRock Inc. lifted its stake in shares of Lamb Weston Holdings by 9,609.1% in the 1st quarter. BlackRock Inc. now owns 11,612,822 shares of the specialty retailer’s stock valued at $488,434,000 after purchasing an additional 11,493,214 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Lamb Weston Holdings by 33,787.6% in the 2nd quarter. Janus Henderson Group PLC now owns 2,676,101 shares of the specialty retailer’s stock valued at $117,856,000 after purchasing an additional 2,668,204 shares during the period. FMR LLC lifted its stake in shares of Lamb Weston Holdings by 126.3% in the 1st quarter. FMR LLC now owns 3,331,242 shares of the specialty retailer’s stock valued at $140,112,000 after purchasing an additional 1,859,263 shares during the period. Blue Ridge Capital L.L.C. acquired a new position in shares of Lamb Weston Holdings in the 1st quarter valued at $75,708,000. Finally, Conatus Capital Management LP acquired a new position in shares of Lamb Weston Holdings in the 2nd quarter valued at $41,925,000. 79.78% of the stock is currently owned by institutional investors.

Lamb Weston Holdings Inc. (NYSE:LW) opened at 50.00 on Friday. Lamb Weston Holdings Inc. has a 12-month low of $29.62 and a 12-month high of $50.04. The firm’s 50-day moving average price is $46.69 and its 200-day moving average price is $44.66. The company has a market cap of $7.31 billion and a PE ratio of 22.32.

Lamb Weston Holdings (NYSE:LW) last announced its quarterly earnings data on Wednesday, October 4th. The specialty retailer reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.07. Lamb Weston Holdings had a net margin of 10.31% and a negative return on equity of 50.81%. The firm had revenue of $817.50 million for the quarter, compared to analyst estimates of $795.61 million. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. Equities research analysts forecast that Lamb Weston Holdings Inc. will post $2.35 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 3rd will be given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is Thursday, November 2nd. Lamb Weston Holdings’s payout ratio is presently 33.63%.

TRADEMARK VIOLATION NOTICE: “Nomura Holdings Inc. Has $1.78 Million Stake in Lamb Weston Holdings Inc. (LW)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international copyright and trademark laws. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/15/nomura-holdings-inc-has-1-78-million-stake-in-lamb-weston-holdings-inc-lw.html.

A number of research analysts have recently weighed in on the company. Jefferies Group LLC reissued a “buy” rating and issued a $58.00 price target (up previously from $53.00) on shares of Lamb Weston Holdings in a research note on Thursday, October 5th. Morgan Stanley restated an “equal weight” rating and issued a $50.00 price objective (up previously from $46.00) on shares of Lamb Weston Holdings in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of Lamb Weston Holdings from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research report on Friday, October 6th. Bank of America Corporation upped their price objective on shares of Lamb Weston Holdings from $46.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, Stifel Nicolaus cut shares of Lamb Weston Holdings from a “buy” rating to a “hold” rating and upped their price objective for the company from $42.00 to $44.00 in a research report on Tuesday, July 4th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Lamb Weston Holdings has

Several other hedge funds also recently bought and sold shares of LW. BlackRock Inc. lifted its stake in shares of Lamb Weston Holdings by 9,609.1% in the 1st quarter. BlackRock Inc. now owns 11,612,822 shares of the specialty retailer’s stock valued at $488,434,000 after purchasing an additional 11,493,214 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Lamb Weston Holdings by 33,787.6% in the 2nd quarter. Janus Henderson Group PLC now owns 2,676,101 shares of the specialty retailer’s stock valued at $117,856,000 after purchasing an additional 2,668,204 shares during the period. FMR LLC lifted its stake in shares of Lamb Weston Holdings by 126.3% in the 1st quarter. FMR LLC now owns 3,331,242 shares of the specialty retailer’s stock valued at $140,112,000 after purchasing an additional 1,859,263 shares during the period. Blue Ridge Capital L.L.C. acquired a new position in shares of Lamb Weston Holdings in the 1st quarter valued at $75,708,000. Finally, Conatus Capital Management LP acquired a new position in shares of Lamb Weston Holdings in the 2nd quarter valued at $41,925,000. 79.78% of the stock is currently owned by institutional investors.

Lamb Weston Holdings Inc. (NYSE:LW) opened at 50.00 on Friday. Lamb Weston Holdings Inc. has a 12-month low of $29.62 and a 12-month high of $50.04. The firm’s 50-day moving average price is $46.69 and its 200-day moving average price is $44.66. The company has a market cap of $7.31 billion and a PE ratio of 22.32.

Lamb Weston Holdings (NYSE:LW) last announced its quarterly earnings data on Wednesday, October 4th. The specialty retailer reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.07. Lamb Weston Holdings had a net margin of 10.31% and a negative return on equity of 50.81%. The firm had revenue of $817.50 million for the quarter, compared to analyst estimates of $795.61 million. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. Equities research analysts forecast that Lamb Weston Holdings Inc. will post $2.35 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 3rd will be given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is Thursday, November 2nd. Lamb Weston Holdings’s payout ratio is presently 33.63%.

TRADEMARK VIOLATION NOTICE: “Nomura Holdings Inc. Has $1.78 Million Stake in Lamb Weston Holdings Inc. (LW)” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international copyright and trademark laws. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/15/nomura-holdings-inc-has-1-78-million-stake-in-lamb-weston-holdings-inc-lw.html.

A number of research analysts have recently weighed in on the company. Jefferies Group LLC reissued a “buy” rating and issued a $58.00 price target (up previously from $53.00) on shares of Lamb Weston Holdings in a research note on Thursday, October 5th. Morgan Stanley restated an “equal weight” rating and issued a $50.00 price objective (up previously from $46.00) on shares of Lamb Weston Holdings in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of Lamb Weston Holdings from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research report on Friday, October 6th. Bank of America Corporation upped their price objective on shares of Lamb Weston Holdings from $46.00 to $48.00 and gave the company a “buy” rating in a research report on Monday, July 10th. Finally, Stifel Nicolaus cut shares of Lamb Weston Holdings from a “buy” rating to a “hold” rating and upped their price objective for the company from $42.00 to $44.00 in a research report on Tuesday, July 4th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Lamb Weston Holdings has a consensus rating of “Buy” and an average price target of $47.89.

Lamb Weston Holdings Company Profile

Lamb Weston Holdings, Inc (Lamb Weston), is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. The Company’s segments include Global, Foodservice, Retail and Other. The Global segment includes operations associated with Lamb Weston’s business with large chain restaurant customers, whether those results are generated in the United States or abroad, as well as operations associated with retail and foodservice customers located outside of the United States and Canada.

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

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