Paragon Capital Management Ltd cut its position in General Mills, Inc. (NYSE:GIS) by 21.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,905 shares of the company’s stock after selling 2,388 shares during the period. Paragon Capital Management Ltd’s holdings in General Mills were worth $461,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GIS. Lenox Wealth Management Inc. grew its position in General Mills by 0.3% in the second quarter. Lenox Wealth Management Inc. now owns 3,242 shares of the company’s stock valued at $180,000 after purchasing an additional 11 shares in the last quarter. Lenox Wealth Advisors Inc. grew its position in General Mills by 0.8% in 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. LLBH Private Wealth Management LLC grew its position in General Mills by 0.6% in the second quarter. LLBH Private Wealth Management LLC now owns 4,343 shares of the company’s stock valued at $241,000 after purchasing an additional 25 shares in the last quarter. Davis R M Inc. grew its position in General Mills by 0.8% in the second quarter. Davis R M Inc. now owns 4,197 shares of the company’s stock valued at $233,000 after purchasing an additional 34 shares in the last quarter. Finally, CFO4Life Group LLC grew its position in General Mills by 1.3% in the second quarter. CFO4Life Group LLC now owns 3,827 shares of the company’s stock valued at $212,000 after purchasing an additional 48 shares in the last quarter. Institutional investors own 71.32% of the company’s stock.

Shares of General Mills, Inc. (GIS) opened at $53.65 on Friday. General Mills, Inc. has a 12 month low of $49.65 and a 12 month high of $64.06. 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 cap of $30,491.36, a PE ratio of 17.82, a price-to-earnings-growth ratio of 2.00 and a beta of 0.63.

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Tuesday, October 10th were paid a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 3.65%. The ex-dividend date was Friday, October 6th. General Mills’s dividend payout ratio (DPR) is 70.25%.

A number of research firms recently weighed in on GIS. Zacks Investment Research raised shares of General Mills from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. BidaskClub raised shares of General Mills from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Susquehanna Bancshares Inc reaffirmed a “hold” rating and issued a $58.00 target price on shares of General Mills in a research report on Tuesday, September 19th. Piper Jaffray Companies set a $56.00 target price on shares of General Mills and gave the company a “sell” rating in a research report on Monday, August 7th. Finally, BMO Capital Markets reissued a “hold” rating on shares of General Mills in a research report on Tuesday, August 8th. 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 an average rating of “Hold” and a consensus target price of $56.60.

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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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