General Mills, Inc. (NYSE:GIS) Stock Holdings Lifted by Guardian Wealth Advisors LLC

Guardian Wealth Advisors LLC lifted its stake in shares of General Mills, Inc. (NYSE:GIS) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,332 shares of the company’s stock after acquiring an additional 206 shares during the quarter. Guardian Wealth Advisors LLC’s holdings in General Mills were worth $659,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GIS. Czech National Bank boosted its position in shares of General Mills by 5.4% in the 3rd quarter. Czech National Bank now owns 113,389 shares of the company’s stock valued at $8,374,000 after purchasing an additional 5,808 shares during the period. Mather Group LLC. boosted its holdings in shares of General Mills by 65.2% in the third quarter. Mather Group LLC. now owns 4,750 shares of the company’s stock worth $351,000 after buying an additional 1,875 shares during the period. Atomi Financial Group Inc. increased its position in shares of General Mills by 18.7% in the third quarter. Atomi Financial Group Inc. now owns 5,898 shares of the company’s stock worth $436,000 after acquiring an additional 931 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of General Mills by 13.6% during the third quarter. Brookstone Capital Management now owns 15,234 shares of the company’s stock valued at $1,125,000 after acquiring an additional 1,821 shares during the period. Finally, Wedmont Private Capital raised its holdings in shares of General Mills by 4.1% during the third quarter. Wedmont Private Capital now owns 13,174 shares of the company’s stock valued at $958,000 after acquiring an additional 518 shares during the period. 75.71% of the stock is owned by institutional investors.

Insider Buying and Selling at General Mills

In related news, Director Maria Sastre sold 1,000 shares of General Mills stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $63.66, for a total value of $63,660.00. Following the completion of the transaction, the director now directly owns 23,013 shares of the company’s stock, valued at $1,465,007.58. The trade was a 4.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Paul Joseph Gallagher sold 1,041 shares of the stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $64.50, for a total transaction of $67,144.50. Following the sale, the insider now directly owns 42,117 shares in the company, valued at approximately $2,716,546.50. This represents a 2.41 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

General Mills Stock Down 0.7 %

NYSE GIS opened at $59.13 on Friday. General Mills, Inc. has a 1-year low of $57.94 and a 1-year high of $75.90. The company has a market capitalization of $32.60 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 3.88 and a beta of 0.10. The stock’s 50 day moving average is $62.60 and its two-hundred day moving average is $67.21. The company has a current ratio of 0.92, a quick ratio of 0.67 and a debt-to-equity ratio of 1.32.

General Mills (NYSE:GIS) last announced its quarterly earnings results on Wednesday, December 18th. The company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.18. The firm had revenue of $5.24 billion for the quarter, compared to analysts’ expectations of $5.14 billion. General Mills had a return on equity of 27.55% and a net margin of 13.08%. The business’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.25 earnings per share. Equities analysts forecast that General Mills, Inc. will post 4.4 earnings per share for the current fiscal year.

General Mills Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, April 10th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.06%. The ex-dividend date is Thursday, April 10th. General Mills’s dividend payout ratio is currently 52.17%.

Analyst Ratings Changes

Several research firms have weighed in on GIS. Stifel Nicolaus lowered their price objective on shares of General Mills from $78.00 to $72.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Royal Bank of Canada reissued a “sector perform” rating and set a $70.00 price target on shares of General Mills in a research report on Thursday, December 19th. TD Cowen decreased their price objective on General Mills from $75.00 to $64.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Citigroup dropped their target price on General Mills from $71.00 to $67.00 and set a “neutral” rating on the stock in a report on Thursday, December 19th. Finally, JPMorgan Chase & Co. raised their price target on shares of General Mills from $63.00 to $67.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $70.94.

General Mills Company Profile

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 savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.