I'm guessing the answer to this question is well-known:

Suppose that $Y:C \to P$ and $F:C \to D$ are functors with $D$ cocomplete. Then one can define the point-wise Kan extension $\mathbf{Lan}_Y\left(F\right).$ Under what conditions does $\mathbf{Lan}_Y\left(F\right)$ preserve colimits? Notice that if $C=P$ and $Y=id_C,$ then $\mathbf{Lan}_Y\left(F\right)=F,$ so this is not true in general. Would $F$ preserving colimits imply this?

Dually, under what conditions does a right Kan extension preserve limits?

Thank you.