Dimensional Fund Advisors LP raised its stake in shares of General Mills Inc. (NYSE:GIS) by 1.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,249,879 shares of the company’s stock after buying an additional 19,519 shares during the period. Dimensional Fund Advisors LP owned about 0.21% of General Mills worth $89,113,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Hallmark Capital Management Inc. purchased a new stake in shares of General Mills during the second quarter valued at approximately $103,000. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in shares of General Mills during the second quarter valued at approximately $107,000. Brick & Kyle Associates boosted its stake in shares of General Mills by 6.7% in the second quarter. Brick & Kyle Associates now owns 1,592 shares of the company’s stock valued at $114,000 after buying an additional 100 shares during the last quarter. Lenox Wealth Advisors Inc. boosted its stake in shares of General Mills by 0.7% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,778 shares of the company’s stock valued at $127,000 after buying an additional 13 shares during the last quarter. Finally, Hanson & Doremus Investment Management boosted its stake in shares of General Mills by 5.7% in the second quarter. Hanson & Doremus Investment Management now owns 1,866 shares of the company’s stock valued at $133,000 after buying an additional 100 shares during the last quarter. 69.13% of the stock is currently owned by institutional investors.

Shares of General Mills Inc. (NYSE:GIS) traded down 0.26% during mid-day trading on Friday, reaching $64.89. The company’s stock had a trading volume of 1,230,403 shares. General Mills Inc. has a 52-week low of $53.53 and a 52-week high of $72.95. The firm has a 50 day moving average price of $69.14 and a 200 day moving average price of $66.05. The firm has a market cap of $38.58 billion, a price-to-earnings ratio of 23.60 and a beta of 0.38.

General Mills (NYSE:GIS) last posted its quarterly earnings results on Wednesday, September 21st. The company reported $0.78 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.03. The firm earned $3.91 billion during the quarter. General Mills had a return on equity of 33.82% and a net margin of 10.33%. The firm’s revenue for the quarter was down 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 earnings per share. On average, equities analysts predict that General Mills Inc. will post $3.10 EPS for the current fiscal year.

A number of brokerages have issued reports on GIS. Zacks Investment Research raised General Mills from a “sell” rating to a “hold” rating in a research report on Monday, September 12th. Credit Suisse Group AG reaffirmed a “hold” rating and set a $74.00 target price on shares of General Mills in a research report on Thursday, September 8th. Deutsche Bank AG reaffirmed a “hold” rating and set a $63.00 target price (up previously from $62.00) on shares of General Mills in a research report on Thursday, June 23rd. Bank of America Corp. raised General Mills from an “underperform” rating to a “neutral” rating and set a $70.00 target price for the company in a research report on Thursday, June 30th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $74.00 target price on shares of General Mills in a research report on Thursday. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $67.93.

In other news, Director Michael D. Rose sold 10,000 shares of General Mills stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of $71.11, for a total transaction of $711,100.00. Following the completion of the transaction, the director now directly owns 79,954 shares in the company, valued at approximately $5,685,528.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Jerald A. Young sold 27,890 shares of General Mills stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $72.03, for a total value of $2,008,916.70. Following the transaction, the vice president now owns 86,271 shares of the company’s stock, valued at $6,214,100.13. The disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

About General Mills

General Mills, Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S.

5 Day Chart for 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.