OLD Second National Bank of Aurora lowered its position in shares of General Mills Inc. (NYSE:GIS) by 31.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,977 shares of the company’s stock after selling 2,750 shares during the period. OLD Second National Bank of Aurora’s holdings in General Mills were worth $426,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Exxonmobil Investment Management Inc. TX increased its position in General Mills by 7.8% in the first quarter. Exxonmobil Investment Management Inc. TX now owns 144,465 shares of the company’s stock worth $9,152,000 after buying an additional 10,498 shares in the last quarter. Capstone Asset Management Co. increased its position in General Mills by 33.7% in the first quarter. Capstone Asset Management Co. now owns 224,632 shares of the company’s stock worth $14,230,000 after buying an additional 56,570 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in General Mills by 12.0% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 133,373 shares of the company’s stock worth $8,449,000 after buying an additional 14,238 shares in the last quarter. CENTRAL TRUST Co purchased a new position in General Mills during the first quarter worth approximately $5,993,000. Finally, Contravisory Investment Management Inc. increased its position in General Mills by 445,145.7% in the first quarter. Contravisory Investment Management Inc. now owns 155,836 shares of the company’s stock worth $9,872,000 after buying an additional 155,801 shares in the last quarter. Hedge funds and other institutional investors own 69.14% of the company’s stock.

General Mills Inc. (NYSE:GIS) traded down 0.53% during mid-day trading on Friday, hitting $65.19. The stock had a trading volume of 3,705,320 shares. The firm’s 50-day moving average price is $70.32 and its 200 day moving average price is $65.86. The company has a market cap of $38.92 billion, a PE ratio of 23.53 and a beta of 0.38. General Mills Inc. has a one year low of $53.53 and a one year high of $72.95.

General Mills (NYSE:GIS) last issued its quarterly earnings results on Wednesday, June 29th. The company reported $0.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.06. General Mills had a return on equity of 33.96% and a net margin of 10.25%. The firm earned $3.93 billion during the quarter, compared to analysts’ expectations of $3.86 billion. During the same period in the previous year, the business earned $0.75 earnings per share. The firm’s revenue for the quarter was down 8.6% on a year-over-year basis. On average, equities research analysts anticipate that General Mills Inc. will post $3.10 EPS for the current year.

A number of research analysts have recently commented on the company. Goldman Sachs Group Inc. reiterated a “sell” rating and set a $61.00 target price (up from $60.00) on shares of General Mills in a research report on Friday, July 15th. Citigroup Inc. reiterated a “buy” rating and set a $83.00 target price (up from $76.00) on shares of General Mills in a research report on Friday, July 15th. Morgan Stanley reiterated a “hold” rating on shares of General Mills in a research report on Sunday, July 17th. Zacks Investment Research upgraded General Mills from a “hold” rating to a “buy” rating and set a $81.00 price target for the company in a research report on Tuesday, July 5th. Finally, Credit Suisse Group AG restated a “hold” rating on shares of General Mills in a research report on Thursday, July 14th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $67.40.

In related news, Director Paul Danos sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 30th. The stock was sold at an average price of $71.53, for a total transaction of $1,430,600.00. Following the completion of the sale, the director now directly owns 43,799 shares in the company, valued at $3,132,942.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dorothy A. Terrell sold 13,556 shares of the business’s stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $71.70, for a total value of $971,965.20. Following the sale, the director now owns 72,542 shares of the company’s stock, valued at $5,201,261.40. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.

General Mills Company Profile

General Mills, Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S.

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