Robeco Institutional Asset Management B.V. Cuts Stock Position in General Mills, Inc. (NYSE:GIS)

Robeco Institutional Asset Management B.V. decreased its position in shares of General Mills, Inc. (NYSE:GIS - Free Report) by 55.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 764,622 shares of the company's stock after selling 945,179 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.13% of General Mills worth $49,807,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Operose Advisors LLC increased its position in General Mills by 214.1% during the third quarter. Operose Advisors LLC now owns 402 shares of the company's stock valued at $26,000 after acquiring an additional 274 shares during the last quarter. MeadowBrook Investment Advisors LLC bought a new position in shares of General Mills in the fourth quarter worth about $27,000. Bruce G. Allen Investments LLC bought a new position in shares of General Mills in the fourth quarter worth about $28,000. Authentikos Wealth Advisory LLC bought a new position in shares of General Mills in the third quarter worth about $31,000. Finally, HHM Wealth Advisors LLC bought a new position in shares of General Mills in the third quarter worth about $32,000. Institutional investors own 75.71% of the company's stock.

Insider Buying and Selling

In related news, insider Jonathon Nudi sold 10,000 shares of the stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $69.21, for a total value of $692,100.00. Following the transaction, the insider now owns 93,381 shares in the company, valued at approximately $6,462,899.01. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, insider Jonathon Nudi sold 10,000 shares of the stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $69.21, for a total value of $692,100.00. Following the transaction, the insider now owns 93,381 shares in the company, valued at approximately $6,462,899.01. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Werner Lanette Shaffer sold 710 shares of the stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $70.57, for a total transaction of $50,104.70. Following the completion of the transaction, the insider now owns 17,397 shares in the company, valued at approximately $1,227,706.29. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,765 shares of company stock worth $745,822. 0.24% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on GIS shares. Bank of America upped their price target on shares of General Mills from $68.00 to $72.00 and gave the stock a "neutral" rating in a report on Thursday, March 21st. Morgan Stanley upped their price target on shares of General Mills from $58.00 to $61.00 and gave the stock an "underweight" rating in a report on Thursday, March 21st. JPMorgan Chase & Co. upped their price objective on shares of General Mills from $68.00 to $72.00 and gave the stock a "neutral" rating in a research note on Thursday, March 21st. Barclays upped their price objective on shares of General Mills from $70.00 to $72.00 and gave the stock an "equal weight" rating in a research note on Friday, March 22nd. Finally, Citigroup assumed coverage on shares of General Mills in a research note on Thursday, February 1st. They issued a "neutral" rating and a $67.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $72.06.

General Mills Stock Down 0.2 %

Shares of GIS stock traded down $0.16 during mid-day trading on Friday, hitting $71.24. 2,752,992 shares of the stock traded hands, compared to its average volume of 3,291,703. The stock has a market cap of $40.46 billion, a P/E ratio of 16.34, a P/E/G ratio of 2.46 and a beta of 0.15. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.66 and a quick ratio of 0.40. The stock's fifty day moving average is $69.33 and its two-hundred day moving average is $66.28. General Mills, Inc. has a 52-week low of $60.33 and a 52-week high of $89.28.

General Mills (NYSE:GIS - Get Free Report) last announced its quarterly earnings data on Wednesday, March 20th. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.05 by $0.12. The firm had revenue of $5.10 billion during the quarter, compared to analyst estimates of $4.97 billion. General Mills had a net margin of 12.66% and a return on equity of 26.84%. General Mills's revenue was down .5% on a year-over-year basis. During the same period last year, the firm posted $0.97 EPS. Equities analysts predict that General Mills, Inc. will post 4.51 EPS for the current year.

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 salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.