18,028 Shares in General Mills, Inc. (NYSE:GIS) Bought by Eisler Capital UK Ltd.

Eisler Capital UK Ltd. purchased a new stake in General Mills, Inc. (NYSE:GISFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 18,028 shares of the company’s stock, valued at approximately $1,174,000.

A number of other large investors have also modified their holdings of GIS. Morgan Stanley grew its position in General Mills by 0.3% during the 3rd quarter. Morgan Stanley now owns 8,242,274 shares of the company’s stock worth $527,423,000 after purchasing an additional 23,400 shares during the last quarter. Northern Trust Corp raised its stake in General Mills by 5.0% in the 3rd quarter. Northern Trust Corp now owns 7,995,118 shares of the company’s stock worth $511,608,000 after acquiring an additional 379,702 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in General Mills by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 7,527,989 shares of the company’s stock worth $468,346,000 after acquiring an additional 44,933 shares during the period. Norges Bank acquired a new stake in General Mills during the 4th quarter worth about $377,205,000. Finally, Nordea Investment Management AB grew its stake in General Mills by 48.7% during the 3rd quarter. Nordea Investment Management AB now owns 5,051,607 shares of the company’s stock valued at $325,728,000 after purchasing an additional 1,654,111 shares during the last quarter. Hedge funds and other institutional investors own 75.71% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jonathon Nudi sold 10,000 shares of the business’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $69.21, for a total transaction of $692,100.00. Following the transaction, the insider now directly owns 93,381 shares in the company, valued at $6,462,899.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other General Mills news, insider Jonathon Nudi sold 10,000 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $69.21, for a total transaction of $692,100.00. Following the transaction, the insider now owns 93,381 shares of the company’s stock, valued at $6,462,899.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Werner Lanette Shaffer sold 710 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $70.57, for a total value of $50,104.70. Following the completion of the sale, the insider now directly owns 17,397 shares of the company’s stock, valued at $1,227,706.29. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by corporate insiders.

General Mills Price Performance

Shares of NYSE GIS traded down $1.20 during trading on Wednesday, hitting $66.94. The company had a trading volume of 417,253 shares, compared to its average volume of 4,035,590. The firm has a market capitalization of $38.02 billion, a price-to-earnings ratio of 15.63, a price-to-earnings-growth ratio of 2.93 and a beta of 0.12. The stock has a fifty day simple moving average of $69.56 and a two-hundred day simple moving average of $66.57. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 1.14. General Mills, Inc. has a fifty-two week low of $60.33 and a fifty-two week high of $85.78.

General Mills (NYSE:GISGet Free Report) last posted its quarterly earnings data on Wednesday, March 20th. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.12. The company had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $4.97 billion. General Mills had a return on equity of 26.84% and a net margin of 12.66%. General Mills’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.97 EPS. On average, research analysts expect that General Mills, Inc. will post 4.51 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Stifel Nicolaus reaffirmed a “buy” rating and set a $77.00 target price on shares of General Mills in a report on Monday, April 22nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $72.00 price objective on shares of General Mills in a research note on Thursday, March 21st. Bank of America boosted their target price on shares of General Mills from $68.00 to $72.00 and gave the company a “neutral” rating in a research report on Thursday, March 21st. Mizuho increased their price target on General Mills from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, March 21st. Finally, HSBC boosted their price objective on General Mills from $74.00 to $76.00 and gave the company a “hold” rating in a report on Thursday, March 21st. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $71.94.

Read Our Latest Stock Report on GIS

General Mills Profile

(Free Report)

General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables.

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Institutional Ownership by Quarter for General Mills (NYSE:GIS)

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