Cutler Investment Counsel LLC grew its position in shares of General Mills, Inc. (NYSE:GIS) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 122,212 shares of the company’s stock after purchasing an additional 1,881 shares during the quarter. Cutler Investment Counsel LLC’s holdings in General Mills were worth $6,326,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Biondo Investment Advisors LLC increased its stake in shares of General Mills by 4.1% in the 3rd quarter. Biondo Investment Advisors LLC now owns 63,087 shares of the company’s stock valued at $3,265,000 after acquiring an additional 2,485 shares in the last quarter. Stephens Inc. AR increased its stake in shares of General Mills by 15.8% in the 3rd quarter. Stephens Inc. AR now owns 137,544 shares of the company’s stock valued at $7,119,000 after acquiring an additional 18,749 shares in the last quarter. Roberts Glore & Co. Inc. IL increased its stake in shares of General Mills by 23.5% in the 3rd quarter. Roberts Glore & Co. Inc. IL now owns 18,130 shares of the company’s stock valued at $938,000 after acquiring an additional 3,450 shares in the last quarter. Dynamic Technology Lab Private Ltd increased its stake in shares of General Mills by 166.0% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 85,788 shares of the company’s stock valued at $4,440,000 after acquiring an additional 53,540 shares in the last quarter. Finally, Macquarie Group Ltd. increased its stake in shares of General Mills by 5.0% in the 3rd quarter. Macquarie Group Ltd. now owns 287,193 shares of the company’s stock valued at $14,859,000 after acquiring an additional 13,594 shares in the last quarter. Hedge funds and other institutional investors own 72.78% of the company’s stock.

Several analysts have recently weighed in on GIS shares. Consumer Edge upgraded shares of General Mills from a “sell” rating to a “neutral” rating in a research note on Friday, September 8th. BidaskClub upgraded shares of General Mills from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. BMO Capital Markets reiterated a “market perform” rating and issued a $57.00 price objective (down previously from $60.00) on shares of General Mills in a research note on Thursday, September 21st. Piper Jaffray Companies reiterated a “sell” rating and issued a $53.00 price objective on shares of General Mills in a research note on Thursday, September 21st. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $53.00 price objective on shares of General Mills in a research note on Monday, September 25th. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have issued a buy rating to the stock. General Mills presently has an average rating of “Hold” and an average target price of $56.60.

Shares of General Mills, Inc. (GIS) opened at $55.84 on Friday. The company has a market cap of $31,730.37, a price-to-earnings ratio of 18.55, a price-to-earnings-growth ratio of 2.08 and a beta of 0.66. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.47 and a current ratio of 0.74. General Mills, Inc. has a one year low of $49.65 and a one year high of $64.06.

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

TRADEMARK VIOLATION NOTICE: “Cutler Investment Counsel LLC Has $6.33 Million Holdings in General Mills, Inc. (GIS)” was reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The original version of this piece can be accessed at https://www.watchlistnews.com/cutler-investment-counsel-llc-has-6-33-million-holdings-in-general-mills-inc-gis/1755786.html.

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)

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 Analyst Ratings Network's FREE daily email newsletter.