Traders sold shares of General Mills, Inc. (NYSE:GIS) on strength during trading on Monday. $15.93 million flowed into the stock on the tick-up and $51.45 million flowed out of the stock on the tick-down, for a money net flow of $35.52 million out of the stock. Of all companies tracked, General Mills had the 18th highest net out-flow for the day. General Mills traded up $0.15 for the day and closed at $57.29

A number of brokerages have recently issued reports on GIS. Vetr raised General Mills from a “hold” rating to a “buy” rating and set a $58.98 price target on the stock in a report on Monday, May 1st. Zacks Investment Research downgraded General Mills from a “hold” rating to a “sell” rating in a report on Monday, June 19th. UBS AG reaffirmed a “neutral” rating and set a $61.00 price target (down from $63.00) on shares of General Mills in a report on Wednesday, June 21st. Piper Jaffray Companies reaffirmed an “underweight” rating and set a $56.00 price target (down from $57.00) on shares of General Mills in a report on Monday, June 19th. Finally, Susquehanna Bancshares Inc reaffirmed a “neutral” rating and set a $58.00 price target (down from $59.00) on shares of General Mills in a report on Friday, June 30th. Six equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company’s stock. General Mills has a consensus rating of “Hold” and a consensus price target of $59.93.

The company has a market capitalization of $33.06 billion, a price-to-earnings ratio of 20.68 and a beta of 0.61. The company has a 50 day moving average price of $55.23 and a 200 day moving average price of $57.76.

General Mills (NYSE:GIS) last posted its quarterly earnings data on Wednesday, June 28th. The company reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.02. General Mills had a return on equity of 38.97% and a net margin of 10.61%. The company had revenue of $3.81 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same period in the previous year, the business earned $0.66 EPS. General Mills’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities analysts expect that General Mills, Inc. will post $3.11 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 1st. Shareholders of record on Monday, July 10th were paid a dividend of $0.49 per share. This is a positive change from General Mills’s previous quarterly dividend of $0.48. This represents a $1.96 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Thursday, July 6th. General Mills’s payout ratio is 70.76%.

Several large investors have recently bought and sold shares of the stock. Lenox Wealth Advisors Inc. raised its stake in General Mills by 0.8% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,833 shares of the company’s stock worth $102,000 after buying an additional 15 shares during the period. Commonwealth Financial Services LLC raised its stake in General Mills by 1,239.8% in the first quarter. Commonwealth Financial Services LLC now owns 2,224 shares of the company’s stock worth $130,000 after buying an additional 2,058 shares during the period. Hanson McClain Inc. raised its stake in General Mills by 1.5% in the first quarter. Hanson McClain Inc. now owns 2,346 shares of the company’s stock worth $138,000 after buying an additional 35 shares during the period. Winslow Evans & Crocker Inc. raised its stake in General Mills by 2.9% in the second quarter. Winslow Evans & Crocker Inc. now owns 2,461 shares of the company’s stock worth $136,000 after buying an additional 69 shares during the period. Finally, Assetmark Inc. raised its stake in General Mills by 11.2% in the first quarter. Assetmark Inc. now owns 2,506 shares of the company’s stock worth $148,000 after buying an additional 253 shares during the period. Institutional investors and hedge funds own 71.46% of the company’s stock.

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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.

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