Marshwinds Advisory Co. Has $282,000 Stake in General Mills, Inc. (NYSE:GIS)

Marshwinds Advisory Co. continued to hold its position in General Mills, Inc. (NYSE:GIS) during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,086 shares of the company’s stock at the end of the 2nd quarter. Marshwinds Advisory Co.’s holdings in General Mills were worth $282,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lenox Wealth Advisors Inc. raised its position in General Mills by 0.8% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,833 shares of the company’s stock worth $102,000 after purchasing an additional 15 shares in the last quarter. Hanson McClain Inc. raised its position in General Mills by 1.5% in the first quarter. Hanson McClain Inc. now owns 2,346 shares of the company’s stock worth $138,000 after purchasing an additional 35 shares in the last quarter. IHT Wealth Management LLC raised its position in General Mills by 33.4% in the first quarter. IHT Wealth Management LLC now owns 2,506 shares of the company’s stock worth $146,000 after purchasing an additional 627 shares in the last quarter. Assetmark Inc. raised its position in General Mills by 11.2% in the first quarter. Assetmark Inc. now owns 2,506 shares of the company’s stock worth $148,000 after purchasing an additional 253 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in General Mills in the first quarter worth about $179,000. Institutional investors and hedge funds own 69.49% of the company’s stock.

Several analysts have recently weighed in on GIS shares. Vetr raised shares of General Mills from a “hold” rating to a “buy” rating and set a $57.82 price target for the company in a report on Tuesday, June 27th. BidaskClub raised shares of General Mills from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. Zacks Investment Research raised shares of General Mills from a “hold” rating to a “buy” rating and set a $62.00 price objective on the stock in a research note on Friday. Morgan Stanley reaffirmed an “equal weight” rating and issued a $55.00 price objective (down from $58.00) on shares of General Mills in a research note on Sunday, June 25th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $67.00 price objective on shares of General Mills in a research note on Thursday, June 15th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company. General Mills currently has an average rating of “Hold” and a consensus target price of $59.11.

Shares of General Mills, Inc. (NYSE:GIS) traded up 0.827% during midday trading on Friday, reaching $55.505. 1,869,643 shares of the company’s stock traded hands. The firm has a market cap of $32.03 billion, a PE ratio of 20.038 and a beta of 0.62. The company has a 50 day moving average of $55.72 and a 200 day moving average of $56.90. General Mills, Inc. has a 52-week low of $52.76 and a 52-week high of $65.57.

General Mills (NYSE:GIS) last released its earnings results on Wednesday, June 28th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.02. The company had revenue of $3.81 billion during the quarter, compared to analyst estimates of $3.75 billion. General Mills had a net margin of 10.61% and a return on equity of 38.97%. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 EPS. On average, equities analysts predict that General Mills, Inc. will post $3.11 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece of content was published by BBNS and is owned by of BBNS. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/marshwinds-advisory-co-maintains-holdings-in-general-mills-inc-gis/1604749.html.

General Mills Company Profile

General Mills, Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company has three segments: U.S. Retail, International, and Convenience Stores and Foodservice.

Institutional Ownership by Quarter for General Mills (NYSE:GIS)

Receive News & Ratings for General Mills Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Mills Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game


Leave a Reply

 
© 2006-2017 BBNS.