HCR Wealth Advisors increased its holdings in shares of General Mills, Inc. (NYSE:GIS) by 21.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,159 shares of the company’s stock after buying an additional 1,086 shares during the period. HCR Wealth Advisors’ holdings in General Mills were worth $289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Lenox Wealth Management Inc. lifted its position in shares of General Mills by 0.3% during the 2nd quarter. Lenox Wealth Management Inc. now owns 3,242 shares of the company’s stock valued at $180,000 after buying an additional 11 shares in the last quarter. Lenox Wealth Advisors Inc. lifted its position in shares of General Mills by 0.8% during the 2nd quarter. Lenox Wealth Advisors Inc. now owns 1,833 shares of the company’s stock valued at $102,000 after buying an additional 15 shares in the last quarter. LLBH Private Wealth Management LLC lifted its position in shares of General Mills by 0.6% during the 2nd quarter. LLBH Private Wealth Management LLC now owns 4,343 shares of the company’s stock valued at $241,000 after buying an additional 25 shares in the last quarter. Davis R M Inc. lifted its position in shares of General Mills by 0.8% during the 2nd quarter. Davis R M Inc. now owns 4,197 shares of the company’s stock valued at $233,000 after buying an additional 34 shares in the last quarter. Finally, CFO4Life Group LLC lifted its position in shares of General Mills by 1.3% during the 2nd quarter. CFO4Life Group LLC now owns 3,827 shares of the company’s stock valued at $212,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 72.62% of the company’s stock.

A number of research analysts have recently issued reports on GIS shares. Zacks Investment Research lowered General Mills from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Jefferies Group started coverage on General Mills in a research note on Friday, October 20th. They issued a “hold” rating and a $56.00 price objective for the company. Royal Bank of Canada set a $58.00 price objective on General Mills and gave the company a “hold” rating in a research note on Monday, October 23rd. Societe Generale raised General Mills from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Finally, Consumer Edge raised General Mills from a “sell” rating to a “neutral” rating in a research note on Friday, September 8th. Four investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $57.38.

General Mills, Inc. (NYSE GIS) opened at $57.80 on Tuesday. General Mills, Inc. has a 52 week low of $49.65 and a 52 week high of $63.74. 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 company has a market capitalization of $32,332.78, a price-to-earnings ratio of 18.90, a P/E/G ratio of 2.12 and a beta of 0.66.

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

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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.

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

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