Sentiment Change Report: General Mills Inc (NYSE:GIS)

September 30, 2018 - By Palma Niemeyer

General Mills, Inc. (NYSE:GIS) Logo

Sentiment for General Mills Inc (NYSE:GIS)

General Mills Inc (NYSE:GIS) institutional sentiment increased to 1.08 in 2018 Q2. Its up 0.24, from 0.84 in 2018Q1. The ratio is more positive, as 425 funds opened new or increased positions, while 392 sold and reduced their holdings in General Mills Inc. The funds in our partner’s database now have: 407.46 million shares, down from 409.04 million shares in 2018Q1. Also, the number of funds holding General Mills Inc in their top 10 positions decreased from 5 to 3 for a decrease of 2. Sold All: 60 Reduced: 332 Increased: 316 New Position: 109.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $25.59 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 11.95 P/E ratio. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal.

The stock decreased 0.26% or $0.11 during the last trading session, reaching $42.92. About 4.95M shares traded or 8.39% up from the average. General Mills, Inc. (NYSE:GIS) has declined 14.49% since September 30, 2017 and is downtrending. It has underperformed by 30.11% the S&P500.

Montgomery Investment Management Inc holds 5.05% of its portfolio in General Mills, Inc. for 276,880 shares. Mcclain Value Management Llc owns 77,975 shares or 4.88% of their US portfolio. Moreover, Keystone Financial Planning Inc. has 3.2% invested in the company for 131,189 shares. The Indiana-based Woodley Farra Manion Portfolio Management Inc has invested 3.08% in the stock. Symons Capital Management Inc, a Pennsylvania-based fund reported 187,704 shares.

Since January 1, 0001, it had 2 insider buys, and 4 insider sales for $4.38 million activity.

General Mills, Inc. (NYSE:GIS) Ratings Coverage

Ratings analysis reveals 40% of General Mills’s analysts are positive. Out of 5 Wall Street analysts rating General Mills, 2 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $47 while the high is $54. The stock’s average target of $49.50 is 15.33% above today’s ($42.92) share price. GIS was included in 5 notes of analysts from May 16, 2018. As per Monday, September 17, the company rating was reinitiated by Morgan Stanley. The stock of General Mills, Inc. (NYSE:GIS) has “Buy” rating given on Wednesday, June 27 by Wells Fargo. Goldman Sachs maintained General Mills, Inc. (NYSE:GIS) on Wednesday, May 16 with “Neutral” rating. The company was maintained on Friday, June 29 by Citigroup.

More notable recent General Mills, Inc. (NYSE:GIS) news were published by: Seekingalpha.com which released: “General Mills’ Path Back To Fair Value” on September 03, 2018, also Nasdaq.com with their article: “3 Stocks to Buy and Hold for the Next 50 Years” published on September 29, 2018, Seekingalpha.com published: “General Mills: Fairly Valued, But Financially Unstable” on September 13, 2018. More interesting news about General Mills, Inc. (NYSE:GIS) were released by: Finance.Yahoo.com and their article: “Should You Worry About The General Mills Inc’s (NYSE:GIS) Shareholder Register?” published on September 18, 2018 as well as Gurufocus.com‘s news article titled: “Stocks That Fell to 3-Year Lows in the Week of Sept. 28” with publication date: September 30, 2018.

General Mills, Inc. (NYSE:GIS) Institutional Positions Chart

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