General Mills, Inc. (NYSE:GIS) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors increased its position in shares of General Mills, Inc. (NYSE:GIS - Free Report) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 381,239 shares of the company's stock after purchasing an additional 45,623 shares during the quarter. Captrust Financial Advisors owned 0.07% of General Mills worth $24,312,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of GIS. Cary Street Partners Financial LLC purchased a new stake in shares of General Mills in the 4th quarter valued at $521,000. Castlekeep Investment Advisors LLC purchased a new stake in General Mills in the fourth quarter valued at $76,058,000. Ameriprise Financial Inc. grew its position in General Mills by 34.5% during the 4th quarter. Ameriprise Financial Inc. now owns 9,123,387 shares of the company's stock worth $581,903,000 after purchasing an additional 2,341,137 shares during the period. Aptus Capital Advisors LLC raised its stake in shares of General Mills by 43.1% during the 4th quarter. Aptus Capital Advisors LLC now owns 29,096 shares of the company's stock valued at $1,855,000 after buying an additional 8,769 shares during the last quarter. Finally, AXA S.A. lifted its holdings in shares of General Mills by 89.9% in the 4th quarter. AXA S.A. now owns 1,329,143 shares of the company's stock valued at $84,759,000 after buying an additional 629,229 shares during the period. Hedge funds and other institutional investors own 75.71% of the company's stock.

General Mills Stock Down 0.7 %

NYSE GIS opened at $55.05 on Tuesday. The business has a fifty day moving average price of $58.81 and a 200 day moving average price of $61.64. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.67 and a current ratio of 0.92. The company has a market cap of $30.35 billion, a P/E ratio of 11.97, a P/E/G ratio of 1.94 and a beta of 0.05. General Mills, Inc. has a one year low of $54.50 and a one year high of $75.90.

General Mills (NYSE:GIS - Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.04. General Mills had a net margin of 13.08% and a return on equity of 27.55%. The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the firm posted $1.17 earnings per share. The company's revenue for the quarter was down 5.1% on a year-over-year basis. Research analysts anticipate that General Mills, Inc. will post 4.36 EPS for the current fiscal year.

Insider Transactions at General Mills

In other news, CEO Jeffrey L. Harmening sold 11,379 shares of General Mills stock in a transaction on Friday, March 7th. The stock was sold at an average price of $65.00, for a total transaction of $739,635.00. Following the transaction, the chief executive officer now owns 353,346 shares in the company, valued at $22,967,490. The trade was a 3.12 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.26% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on GIS shares. JPMorgan Chase & Co. reduced their price target on General Mills from $60.00 to $54.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. Stifel Nicolaus decreased their target price on shares of General Mills from $72.00 to $65.00 and set a "buy" rating for the company in a research note on Wednesday, February 19th. Barclays dropped their price target on shares of General Mills from $68.00 to $65.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 18th. Morgan Stanley assumed coverage on shares of General Mills in a research report on Monday, March 24th. They issued an "underweight" rating and a $53.00 price objective for the company. Finally, Bank of America dropped their target price on General Mills from $70.00 to $68.00 and set a "buy" rating on the stock in a research report on Thursday, March 20th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, General Mills currently has an average rating of "Hold" and a consensus target price of $65.00.

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.

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