Published: Fri, March 09, 2018
Business | By Kate Woods

General Mills, Inc. (GIS) Analysts See $0.77 EPS

General Mills, Inc. (GIS) Analysts See $0.77 EPS

4,674,368 shares of the company traded hands, compared to its average volume of 4,800,000. The institutional investor held 151,887 shares of the business services company at the end of 2017Q3, valued at $15.98 million, up from 8,468 at the end of the previous reported quarter. Northside Cap Management Ltd Llc owns 0.18% invested in General Mills, Inc. The stock increased 1.63% or $1.9 during the last trading session, reaching $118.24. About 2.35M shares traded. VMware, Inc. (NYSE:VMW) has risen 57.35% since March 6, 2017 and is uptrending. It has outperformed by 19.47% the S&P500. Hotchkis & Wiley Capital Management Llc sold 9,500 shares as the company's stock declined 5.07% while stock markets rallied. The institutional investor held 14,075 shares of the consumer non-durables company at the end of 2017Q3, valued at $728,000, up from 6,608 at the end of the previous reported quarter.

Shares of General Mills (NYSE:GIS) traded down $0.30 during midday trading on Wednesday, hitting $50.76.

Ifc Holdings Incorporated, which manages about $3.29B and $1.43B US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 4,811 shares to 52,378 shares, valued at $4.29 million in 2017Q3, according to the filing. General Mills, Inc. (GIS)'s value Change from Open was at 1.01% with a Gap of -0.28%. It has underperformed by 27.33% the S&P500.

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Since January 9, 2018, it had 0 insider buys, and 1 insider sale for $517,458 activity. The company's quarterly revenue was up 2.1% compared to the same quarter last year. research analysts forecast that General Mills, Inc. will post 3.17 earnings per share for the current fiscal year. (NYSE:GIS), 3 have Buy rating, 4 Sell and 16 Hold. Therefore 100% are positive. According to today's trading volume General Mills, ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Morgan Stanley maintained the stock with "Equal-Weight" rating in Thursday, September 21 report.

General Mills declared that its Board of Directors has approved a stock buyback plan on Friday, February 23rd that allows the company to repurchase outstanding shares. The firm has "Buy" rating by Stifel Nicolaus given on Thursday, July 6. The firm earned "Hold" rating on Friday, August 28 by Zacks. American Century Companies Inc. grew its position in shares of General Mills by 15.9% in the 3rd quarter. RBC Capital Markets maintained HomeServe plc (LON:HSV) rating on Friday, April 1. Finally, Credit Suisse Group reiterated a "neutral" rating and set a $58.00 price target (down previously from $62.00) on shares of General Mills in a research report on Wednesday, February 21st.

3/6/2018-Gabelli was Downgraded by analysts at Gabelli from a "Buy " rating to a " Hold" rating. Susquehanna Bancshares set a $61.00 price target on General Mills and gave the company a "hold" rating in a research note on Friday, February 23rd.

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Investors sentiment increased to 0.89 in Q3 2017. Its down 0.16, from 1 in 2017Q2. It improved, as 36 investors sold LVS shares while 141 reduced holdings. 284.19 million shares or 2.24% less from 290.72 million shares in 2017Q2 were reported. Moreover, Baxter Bros Inc has 0.11% invested in General Mills, Inc. (NYSE:GIS). Paradigm Asset Mngmt Co Limited has invested 0.1% in General Mills, Inc. (NYSE:GIS) rating on Monday, April 11. General Mills, Inc. has a one year low of $49.65 and a one year high of $61.34. (NYSE:GIS). Accredited holds 1.74% or 121,922 shares. Guardian Lp invested 0.01% of its portfolio in General Mills, Inc. 109.72 million shares or 3.22% more from 106.30 million shares in 2017Q2 were reported. 18,130 were reported by Meiji Yasuda Life Insurance. The fund owned 46,603 shares of the company's stock after buying an additional 14,628 shares during the period. Genesee Valley Tru Communication invested in 5,409 shares. General Mls Inc Com now has $28.95 billion valuation. (NYSE:GIS) for 31,975 shares. Regent Investment Llc holds 17,080 shares. Schmidt P J Investment Management Inc accumulated 50,163 shares or 1.05% of the stock. Cadence Capital Mgmt Limited Liability Corp holds 0.17% or 43,443 shares. General Mills earned a news sentiment score of 0.16 on Accern's scale. They expect $0.66 earnings per share, 0.00% or $0.00 from last year's $0.66 per share. GIS's profit would be $438.16 million giving it 16.58 P/E if the $0.77 EPS is correct.

Cibc World Markets Inc, which manages about $20.88B US Long portfolio, upped its stake in General Electric Co (NYSE:GE) by 1.70 million shares to 1.72 million shares, valued at $41.69M in 2017Q3, according to the filing. It also increased its holding in Geo Group Inc New (NYSE:GEO) by 246,272 shares in the quarter, for a total of 2.41 million shares, and has risen its stake in Capital One Finl Corp (NYSE:COF). It fall, as 48 investors sold V shares while 617 reduced holdings.

In other General Mills news, insider Bethany C. Quam sold 8,712 shares of the stock in a transaction on Tuesday, January 9th. Winfield Associates holds 0% of its portfolio in VMware, Inc. (NYSE:DNOW) for 140,882 shares. Goldman Sachs Group Incorporated Inc has 0.13% invested in Schlumberger Limited (NYSE:SLB). (NYSE:VMW) for 93,216 shares. Hennessy Advisors reported 84,900 shares. The rating was maintained by Susquehanna on Wednesday, July 12 with "Hold". Segall Bryant Hamill Ltd Co owns 66,178 shares for 0.08% of their portfolio. 342,332 were accumulated by Commercial Bank. California Public Employees Retirement System holds 103,610 shares. Bnp Paribas Arbitrage accumulated 0.1% or 757,205 shares. Prudential Fincl has invested 0.01% in Patisserie Holdings plc (LON:CAKE).

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Since October 24, 2017, it had 0 insider purchases, and 3 sales for $8.09 million activity. POONEN SANJAY also sold $327,534 worth of VMware, Inc. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

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