ETRADE Capital Management LLC lifted its holdings in General Mills, Inc. (NYSE:GIS) by 12.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,555 shares of the company’s stock after acquiring an additional 6,904 shares during the quarter. ETRADE Capital Management LLC’s holdings in General Mills were worth $3,135,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Lenox Wealth Advisors Inc. lifted its holdings in General Mills by 0.8% during the second quarter. Lenox Wealth Advisors Inc. now owns 1,833 shares of the company’s stock valued at $102,000 after purchasing an additional 15 shares in the last quarter. Cable Hill Partners LLC lifted its holdings in General Mills by 274.5% during the third quarter. Cable Hill Partners LLC now owns 2,247 shares of the company’s stock valued at $116,000 after purchasing an additional 1,647 shares in the last quarter. Tradewinds Capital Management LLC lifted its holdings in General Mills by 127.3% during the third quarter. Tradewinds Capital Management LLC now owns 2,605 shares of the company’s stock valued at $135,000 after purchasing an additional 1,459 shares in the last quarter. Spectrum Management Group Inc. purchased a new position in General Mills during the third quarter valued at $135,000. Finally, Winslow Evans & Crocker Inc. lifted its holdings in General Mills by 2.9% during the second quarter. Winslow Evans & Crocker Inc. now owns 2,461 shares of the company’s stock valued at $136,000 after purchasing an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 72.78% of the company’s stock.

Shares of General Mills, Inc. (NYSE GIS) traded up $0.41 during mid-day trading on Thursday, hitting $56.47. 4,274,000 shares of the company were exchanged, compared to its average volume of 3,719,034. The company has a quick ratio of 0.47, a current ratio of 0.74 and a debt-to-equity ratio of 1.83. The firm has a market capitalization of $32,090.00, a PE ratio of 18.63, a P/E/G ratio of 2.09 and a beta of 0.66. General Mills, Inc. has a 52-week low of $49.65 and a 52-week high of $64.06.

General Mills (NYSE:GIS) last announced its quarterly earnings data on Wednesday, September 20th. The company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.05). The business had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.79 billion. General Mills had a net margin of 10.68% and a return on equity of 39.82%. The company’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 EPS. equities analysts forecast that General Mills, Inc. will post 3.1 earnings per share for the current fiscal year.

Several equities analysts have recently weighed in on the stock. Susquehanna Bancshares set a $57.00 price target on shares of General Mills and gave the stock a “hold” rating in a research note on Wednesday. Zacks Investment Research downgraded shares of General Mills from a “hold” rating to a “sell” rating in a research note on Tuesday, November 21st. Societe Generale raised shares of General Mills from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Royal Bank of Canada set a $58.00 price target on shares of General Mills and gave the stock a “hold” rating in a research note on Monday, October 23rd. Finally, Jefferies Group assumed coverage on shares of General Mills in a research note on Friday, October 20th. They issued a “hold” rating and a $56.00 price target on the stock. Four equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $56.66.

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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.

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

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