Advisor Partners LLC lifted its position in General Mills, Inc. (NYSE:GIS) by 16.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,651 shares of the company’s stock after buying an additional 1,338 shares during the period. Advisor Partners LLC’s holdings in General Mills were worth $535,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GIS. Lenox Wealth Advisors Inc. increased its position 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 buying an additional 15 shares in the last quarter. Winslow Evans & Crocker Inc. increased its position 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 buying an additional 69 shares in the last quarter. Hanson McClain Inc. increased its position in shares of General Mills by 1.5% in the 1st quarter. Hanson McClain Inc. now owns 2,346 shares of the company’s stock valued at $138,000 after buying an additional 35 shares in the last quarter. IHT Wealth Management LLC increased its position 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 buying an additional 627 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of General Mills by 11.2% in the 1st quarter. Assetmark Inc. now owns 2,506 shares of the company’s stock valued at $148,000 after buying an additional 253 shares in the last quarter. Institutional investors and hedge funds own 69.38% of the company’s stock.

General Mills, Inc. (NYSE GIS) opened at 51.69 on Friday. The stock’s 50 day moving average is $55.75 and its 200-day moving average is $56.75. The firm has a market capitalization of $29.83 billion, a P/E ratio of 18.66 and a beta of 0.62. General Mills, Inc. has a 1-year low of $51.39 and a 1-year high of $65.57.

General Mills (NYSE:GIS) last posted its earnings results on Wednesday, September 20th. The company reported $0.71 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.05). The business had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.79 billion. General Mills had a return on equity of 39.82% and a net margin of 10.68%. The company’s revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.78 earnings per share. Analysts forecast that General Mills, Inc. will post $3.10 EPS for the current year.

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GIS has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of General Mills from a “hold” rating to a “buy” rating in a research report on Tuesday, August 22nd. Consumer Edge upgraded shares of General Mills from a “sell” rating to a “neutral” rating in a research report on Friday, September 8th. Susquehanna Bancshares Inc set a $59.00 price objective on shares of General Mills and gave the company a “hold” rating in a research report on Sunday, June 25th. BMO Capital Markets lowered their price objective on shares of General Mills from $60.00 to $57.00 and set a “market perform” rating for the company in a research report on Thursday. Finally, Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a $52.00 price objective (down previously from $59.00) on shares of General Mills in a research report on Friday, June 30th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company’s stock. General Mills has a consensus rating of “Hold” and a consensus price target of $58.32.

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)

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