General Mills, Inc. (NYSE:GIS) Shares Bought by Avior Wealth Management LLC

Avior Wealth Management LLC raised its holdings in General Mills, Inc. (NYSE:GIS - Free Report) by 179.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,366 shares of the company's stock after acquiring an additional 9,216 shares during the quarter. Avior Wealth Management LLC's holdings in General Mills were worth $859,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. CBIZ Investment Advisory Services LLC bought a new position in shares of General Mills in the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC bought a new position in General Mills in the fourth quarter worth approximately $31,000. Transce3nd LLC bought a new position in shares of General Mills during the 4th quarter worth $32,000. VSM Wealth Advisory LLC bought a new position in shares of General Mills during the 4th quarter worth $32,000. Finally, Perkins Coie Trust Co grew its position in shares of General Mills by 69.2% during the 1st quarter. Perkins Coie Trust Co now owns 516 shares of the company's stock worth $31,000 after buying an additional 211 shares in the last quarter. Institutional investors own 75.71% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Citigroup dropped their target price on shares of General Mills from $60.00 to $58.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Jefferies Financial Group raised their price objective on General Mills from $58.00 to $62.00 and gave the company a "hold" rating in a research report on Monday, March 10th. Wells Fargo & Company lowered their target price on shares of General Mills from $61.00 to $55.00 and set an "equal weight" rating for the company in a research note on Monday, June 16th. UBS Group decreased their target price on shares of General Mills from $54.00 to $52.00 and set a "sell" rating for the company in a research report on Friday, June 6th. Finally, Piper Sandler decreased their price target on General Mills from $84.00 to $71.00 and set an "overweight" rating for the company in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $62.75.

General Mills Price Performance

NYSE GIS traded up $0.04 during mid-day trading on Friday, hitting $53.00. The stock had a trading volume of 9,876,246 shares, compared to its average volume of 4,578,278. The firm's 50 day moving average is $54.93 and its 200 day moving average is $58.75. The stock has a market capitalization of $29.21 billion, a price-to-earnings ratio of 11.65, a PEG ratio of 1.25 and a beta of 0.02. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.67 and a quick ratio of 0.44. General Mills, Inc. has a twelve month low of $52.39 and a twelve month high of $75.90.

General Mills (NYSE:GIS - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.04. The company had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.99 billion. General Mills had a net margin of 13.02% and a return on equity of 26.39%. General Mills's quarterly revenue was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.17 EPS. Equities research analysts forecast that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.

General Mills Company Profile

General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.