Sigma Planning Corp boosted its stake in General Mills, Inc. (NYSE:GIS) by 8.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,884 shares of the company’s stock after acquiring an additional 2,798 shares during the quarter. Sigma Planning Corp’s holdings in General Mills were worth $1,909,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Lenox Wealth Advisors Inc. raised its holdings in shares of General Mills by 0.8% in 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 during the period. Cable Hill Partners LLC raised its holdings in shares of General Mills by 274.5% in 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 during the period. Tradewinds Capital Management LLC raised its holdings in shares of General Mills by 127.3% in 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 during the period. Winslow Evans & Crocker Inc. raised its holdings in shares of General Mills by 2.9% in 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 during the period. Finally, IHT Wealth Management LLC raised its holdings in shares of General Mills by 33.4% in the 1st quarter. IHT Wealth Management LLC now owns 2,506 shares of the company’s stock valued at $146,000 after purchasing an additional 627 shares during the period. 72.78% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently commented on the stock. Consumer Edge upgraded shares of General Mills from a “sell” rating to a “neutral” rating in a research note on Friday, September 8th. BidaskClub upgraded shares of General Mills from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. BMO Capital Markets reiterated a “market perform” rating and issued a $57.00 price target (down previously from $60.00) on shares of General Mills in a research note on Thursday, September 21st. Piper Jaffray Companies reiterated a “sell” rating and issued a $53.00 price target on shares of General Mills in a research note on Thursday, September 21st. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $53.00 price target on shares of General Mills in a research note on Monday, September 25th. Four equities research 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. The stock currently has an average rating of “Hold” and a consensus target price of $56.60.

Shares of General Mills, Inc. (NYSE GIS) traded up $0.16 during trading hours on Thursday, reaching $57.41. 2,973,400 shares of the company traded hands, compared to its average volume of 3,723,763. The company has a market cap of $32,537.38, a P/E ratio of 19.02, a price-to-earnings-growth ratio of 2.13 and a beta of 0.66. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.47 and a current ratio of 0.74. General Mills, Inc. has a fifty-two week low of $49.65 and a fifty-two week high of $64.06.

General Mills (NYSE:GIS) last issued its quarterly earnings data on Wednesday, September 20th. The company reported $0.71 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.05). The company had revenue of $3.77 billion during 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%. General Mills’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.78 EPS. equities analysts predict that General Mills, Inc. will post 3.1 earnings per share for the current fiscal year.

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General Mills 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)

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