Tradewinds Capital Management LLC grew its position in shares of General Mills, Inc. (NYSE:GIS) by 127.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,605 shares of the company’s stock after buying an additional 1,459 shares during the quarter. Tradewinds Capital Management LLC’s holdings in General Mills were worth $135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. KDI Capital Partners LLC raised its stake in shares of General Mills by 69.3% in the 1st quarter. KDI Capital Partners LLC now owns 33,700 shares of the company’s stock valued at $1,989,000 after acquiring an additional 13,800 shares in the last quarter. Fort Pitt Capital Group LLC bought a new position in shares of General Mills in the 1st quarter valued at approximately $210,000. Global Financial Private Capital LLC bought a new position in shares of General Mills in the 1st quarter valued at approximately $6,945,000. Stephens Inc. AR raised its stake in shares of General Mills by 0.9% in the 1st quarter. Stephens Inc. AR now owns 86,129 shares of the company’s stock valued at $5,082,000 after acquiring an additional 798 shares in the last quarter. Finally, FDO Partners LLC bought a new position in shares of General Mills in the 1st quarter valued at approximately $833,000. Institutional investors and hedge funds own 72.78% of the company’s stock.

Several brokerages have commented on GIS. Bank of America dropped their price target on General Mills from $61.00 to $55.00 and set a “neutral” rating on the stock in a research report on Thursday, September 21st. Citigroup reaffirmed a “buy” rating and issued a $67.00 price target on shares of General Mills in a research report on Thursday, September 21st. Susquehanna Bancshares reaffirmed a “hold” rating and issued a $58.00 price target on shares of General Mills in a research report on Tuesday, September 19th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $62.00 price target on shares of General Mills in a research report on Wednesday, September 6th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $60.00 price target 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 given a hold rating and three have assigned a buy rating to the company. General Mills has a consensus rating of “Hold” and a consensus price target of $56.60.

Shares of General Mills, Inc. (NYSE:GIS) opened at $57.21 on Tuesday. The stock has a market capitalization of $32,088.39, a P/E ratio of 18.76, a PEG ratio of 2.10 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 1 year low of $49.65 and a 1 year high of $64.06.

General Mills (NYSE:GIS) last released its quarterly earnings data on Wednesday, September 20th. The company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.05). The firm had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.79 billion. General Mills had a net margin of 10.68% and a return on equity of 39.82%. The business’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 earnings per share. analysts predict that General Mills, Inc. will post 3.1 EPS for the current year.

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About General Mills

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)

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