Court Place Advisors LLC boosted its holdings in shares of General Mills, Inc. (NYSE:GIS) by 62.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,183 shares of the company’s stock after purchasing an additional 3,534 shares during the quarter. Court Place Advisors LLC’s holdings in General Mills were worth $475,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in GIS. Lenox Wealth Management Inc. lifted its position in shares of General Mills by 0.3% in the 2nd quarter. Lenox Wealth Management Inc. now owns 3,242 shares of the company’s stock worth $180,000 after acquiring an additional 11 shares during the period. Lenox Wealth Advisors Inc. lifted its position in shares of General Mills by 0.8% in the 2nd quarter. Lenox Wealth Advisors Inc. now owns 1,833 shares of the company’s stock worth $102,000 after acquiring an additional 15 shares during the period. LLBH Private Wealth Management LLC lifted its position in shares of General Mills by 0.6% in the 2nd quarter. LLBH Private Wealth Management LLC now owns 4,343 shares of the company’s stock worth $241,000 after acquiring an additional 25 shares during the period. Davis R M Inc. lifted its position in shares of General Mills by 0.8% in the 2nd quarter. Davis R M Inc. now owns 4,197 shares of the company’s stock worth $233,000 after acquiring an additional 34 shares during the period. Finally, CFO4Life Group LLC lifted its position in shares of General Mills by 1.3% in the 2nd quarter. CFO4Life Group LLC now owns 3,827 shares of the company’s stock worth $212,000 after acquiring an additional 48 shares during the period. Hedge funds and other institutional investors own 72.78% of the company’s stock.

GIS has been the subject of a number of research reports. Zacks Investment Research downgraded General Mills from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. Jefferies Group began coverage on General Mills in a research report on Friday, October 20th. They issued a “hold” rating and a $56.00 price objective for the company. Societe Generale upgraded General Mills from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Royal Bank Of Canada cut their target price on General Mills from $62.00 to $58.00 and set a “sector perform” rating for the company in a research report on Thursday, September 21st. Finally, BidaskClub upgraded General Mills from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Four investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $56.60.

General Mills, Inc. (GIS) traded down $0.61 during trading on Wednesday, hitting $57.25. The company had a trading volume of 4,209,800 shares, compared to its average volume of 3,726,970. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.74 and a quick ratio of 0.47. The company has a market cap of $32,884.07, a P/E ratio of 19.22, a PEG ratio of 2.16 and a beta of 0.66. General Mills, Inc. has a 1-year low of $49.65 and a 1-year high of $64.06.

General Mills (NYSE:GIS) last released its quarterly earnings results on Wednesday, September 20th. The company reported $0.71 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.05). General Mills had a net margin of 10.68% and a return on equity of 39.82%. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.79 billion. During the same period in the prior year, the business earned $0.78 earnings per share. The company’s revenue for the quarter was down 3.6% on a year-over-year basis. sell-side analysts anticipate that General Mills, Inc. will post 3.1 EPS for the current year.

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General Mills 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)

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