Dixon Hubard Feinour & Brown Inc. VA Has $900,000 Holdings in General Mills, Inc. (GIS)

Dixon Hubard Feinour & Brown Inc. VA decreased its holdings in shares of General Mills, Inc. (NYSE:GIS) by 11.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,384 shares of the company’s stock after selling 2,199 shares during the quarter. Dixon Hubard Feinour & Brown Inc. VA’s holdings in General Mills were worth $900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of GIS. Lenox Wealth Advisors Inc. grew its position in shares of General Mills by 0.8% during the 2nd 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. Cable Hill Partners LLC grew its position in shares of General Mills by 274.5% during the 3rd quarter. Cable Hill Partners LLC now owns 2,247 shares of the company’s stock valued at $116,000 after purchasing an additional 1,647 shares in the last quarter. Tradewinds Capital Management LLC grew its position in shares of General Mills by 127.3% during the 3rd quarter. Tradewinds Capital Management LLC now owns 2,605 shares of the company’s stock valued at $135,000 after purchasing an additional 1,459 shares in the last quarter. Spectrum Management Group Inc. purchased a new position in shares of General Mills during the 3rd quarter valued at $135,000. Finally, Winslow Evans & Crocker Inc. grew its position in shares of General Mills by 2.9% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 2,461 shares of the company’s stock valued at $136,000 after purchasing an additional 69 shares in the last quarter. 72.78% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of General Mills from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. BidaskClub upgraded shares of General Mills from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Susquehanna Bancshares reiterated a “hold” rating and issued a $58.00 target price on shares of General Mills in a research report on Tuesday, September 19th. Consumer Edge upgraded shares of General Mills from a “sell” rating to a “neutral” rating in a research report on Friday, September 8th. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $62.00 target price on shares of General Mills in a research report on Wednesday, September 6th. Four analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $56.60.

Shares of General Mills, Inc. (NYSE:GIS) traded up $0.05 during trading hours on Tuesday, hitting $55.89. 3,303,300 shares of the stock traded hands, compared to its average volume of 3,720,624. The company has a market capitalization of $31,730.34, a P/E ratio of 18.55, a price-to-earnings-growth ratio of 2.08 and a beta of 0.66. The company has a current ratio of 0.74, a quick ratio of 0.47 and a debt-to-equity ratio of 1.83. General Mills, Inc. has a 52-week low of $49.65 and a 52-week high of $64.06.

General Mills (NYSE:GIS) last released its quarterly earnings results on Wednesday, September 20th. The company reported $0.71 earnings per share (EPS) for the quarter, missing the Zacks’ 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 company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.79 billion. During the same period in the previous year, the company earned $0.78 earnings per share. General Mills’s quarterly revenue was down 3.6% on a year-over-year basis. equities research analysts expect that General Mills, Inc. will post 3.1 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This news story was reported by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this news story on another domain, it was copied illegally and republished in violation of international copyright and trademark legislation. The legal version of this news story can be read at https://stocknewstimes.com/2017/12/12/dixon-hubard-feinour-brown-inc-va-has-900000-holdings-in-general-mills-inc-gis.html.

General Mills Company 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)

Receive News & Ratings for General Mills Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Mills Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply