Stiles Financial Services Inc Sells 5,735 Shares of General Mills, Inc. (NYSE:GIS)

Stiles Financial Services Inc decreased its position in General Mills, Inc. (NYSE:GIS - Free Report) by 33.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,260 shares of the company's stock after selling 5,735 shares during the quarter. Stiles Financial Services Inc's holdings in General Mills were worth $673,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. TrueMark Investments LLC lifted its holdings in General Mills by 149.3% in the first quarter. TrueMark Investments LLC now owns 88,671 shares of the company's stock valued at $5,302,000 after acquiring an additional 53,110 shares during the period. 1858 Wealth Management LLC raised its stake in shares of General Mills by 16.0% in the first quarter. 1858 Wealth Management LLC now owns 5,450 shares of the company's stock worth $326,000 after buying an additional 750 shares during the period. Heartland Bank & Trust Co raised its stake in shares of General Mills by 22.9% in the first quarter. Heartland Bank & Trust Co now owns 8,577 shares of the company's stock worth $513,000 after buying an additional 1,596 shares during the period. Avior Wealth Management LLC raised its stake in shares of General Mills by 179.0% in the first quarter. Avior Wealth Management LLC now owns 14,366 shares of the company's stock worth $859,000 after buying an additional 9,216 shares during the period. Finally, Boston Trust Walden Corp raised its stake in shares of General Mills by 12.0% in the first quarter. Boston Trust Walden Corp now owns 112,980 shares of the company's stock worth $6,755,000 after buying an additional 12,068 shares during the period. Institutional investors own 75.71% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on GIS shares. Wells Fargo & Company decreased their price objective on General Mills from $61.00 to $55.00 and set an "equal weight" rating on the stock in a research note on Monday, June 16th. Bank of America cut their target price on General Mills from $68.00 to $63.00 and set a "buy" rating for the company in a research report on Wednesday, June 18th. UBS Group cut their target price on General Mills from $54.00 to $52.00 and set a "sell" rating for the company in a research report on Friday, June 6th. The Goldman Sachs Group cut General Mills from a "buy" rating to a "neutral" rating and cut their target price for the stock from $68.00 to $58.00 in a research report on Monday, June 9th. Finally, Mizuho cut their target price on General Mills from $62.00 to $60.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $62.75.

General Mills Stock Performance

NYSE GIS opened at $53.00 on Monday. The stock has a market capitalization of $29.21 billion, a PE ratio of 11.65, a P/E/G ratio of 1.25 and a beta of 0.02. The business has a 50 day simple moving average of $54.93 and a two-hundred day simple moving average of $58.75. 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 1-year low of $52.39 and a 1-year high of $75.90.

General Mills 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.

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