Economy

General Mills, Inc. (GIS) Stock Rating Reaffirmed by Royal Bank Of Canada

General Mills, Inc. (GIS) Stock Rating Reaffirmed by Royal Bank Of Canada”

4,199,516 shares of the company's stock traded hands. In the latest earnings report the EPS was $2.77 and is estimated to be $3.10 for the current year with 577,099,000 shares now outstanding. (ARDX) stock confirmed the flow of -0.92% with the final price of $5.40. About 3.35M shares traded.

General Mills Inc. (NYSE:GIS) had its target price lowered to $58.00 by RBC Capital Markets in a report released 09/21/2017.

Kenneth Tropin decreased its stake in Pinnacle Foods Inc Del (PF) by 56.66% based on its latest 2017Q2 regulatory filing with the SEC. Excluding one-time items, the company earned 71 cents per share. Institutional investors and hedge funds own 69.38% of the company's stock.

General Mills, Inc., launched on June 20, 1928, is a manufacturer and marketer of branded consumer foods sold through retail stores. (NYSE:GIS). Pub Sector Pension Investment Board accumulated 0.03% or 65,528 shares. About 180,654 shares traded. Pinnacle Foods Inc (NYSE:PF) has risen 41.67% since September 21, 2016 and is uptrending. The company had a fall in short interest between August 15, 2017 and August 31, 2017 of -1.11%. Its up 0.10, from 0.9 in 2017Q1.

Several other analysts have also weighed in on the company.

These funds have shifted positions in (GIS). Moreover, Navellier Assocs has 0.42% invested in BAE Systems plc (LON:BA) for 14,346 shares.

Winfield Assoc has invested 0.03% of its portfolio in General Mills, Inc. Morgan Stanley cut the target price to $52 from $55. Lenox Wealth Advisors Inc. increased its stake in shares of General Mills by 0.8% in the second quarter. General Mills targets $700 million in cost savings (around 6% of fiscal 2017 cost of goods sold and operating expenses, similar to peers), which we expect will be funneled to research and development (1.6% of sales over our 10-year forecast) and marketing (more than 5% of sales annually). (NYSE:GIS) or 4,932 shares. Cetera Advisor Networks Lc has 53,258 shares for 0.14% of their portfolio. (NYSE:GIS) on Tuesday, August 8 with "Hold" rating. (NYSE:GIS) for 1.50M shares. Chilton Invest Ltd Liability holds 32,683 shares.

TRADEMARK VIOLATION WARNING: "City Holding Co". Boosts Stake in General Mills, Inc.

Investors sentiment decreased to 1.13 in 2017 Q2. (NYSE:GIS). Balyasny Asset Mngmt Limited Liability Corp has 0% invested in General Mills, Inc. (NYSE:GIS) for 58,959 shares. State Of Alaska Department Of Revenue holds 108,700 shares or 0.41% of its portfolio.

Taking a deeper look into the technical levels of General Mills Inc (GIS), we can see that the Williams Percent Range or 14 day Williams %R now sits at -74.92.

General Mills (NYSE:GIS) last announced its quarterly earnings data on Wednesday, September 20th. Koch Inc invested 0.11% of its portfolio in General Mills, Inc. Schwab Charles Inv has 0.15% invested in General Mills, Inc. Citigroup maintained General Mills, Inc. (NYSE:GIS), 1 have Buy rating, 5 Sell and 11 Hold. It improved, as 73 investors sold General Mills, Inc. shares while 363 reduced holdings. We also think General Mills will look to free up resources to extend its distribution in emerging markets like China and Brazil. (NYSE:GIS) rating on Monday, December 7. Deutsche Bank has "Hold" rating and GBX 505 target. Barclays Capital maintained it with "Equal Weight" rating and $64 target in Wednesday, December 21 report. The rating was maintained by RBC Capital Markets with "Hold" on Tuesday, September 5. The stock has "Neutral" rating by Credit Suisse on Wednesday, January 6.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $29.93B. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, June 30. In addition, 20% of total revenue is concentrated with Wal-Mart, indicating that General Mills has exposure to retailer consolidation, which could also weaken its pricing power. (NYSE:GIS) on Thursday, March 24 with "Buy" rating. (NYSE:GIS). Baskin Financial Serv Inc holds 0.16% or 13,273 shares in its portfolio. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have assigned a buy rating to the company. Therefore 92% are positive. UBS maintained BAE Systems plc (LON:BA) on Wednesday, May 24 with "Buy" rating. BMO Capital Markets maintained the stock with "Market Perform" rating in Friday, October 30 report. As per Monday, November 14, the company rating was downgraded by JP Morgan. The stock has "Buy" rating by RBC Capital Markets on Tuesday, July 25. During the same period past year, the company earned $0.78 earnings per share. Amica Retiree Med Trust reported 3,397 shares stake. Gs Investments Inc. purchased a new position in shares of General Mills in the second quarter worth about $1,783,000.



Like this

Latest


22 September 2017
Energizer Holdings, Inc. (NYSE:ENR) Sees Unusual Trading Volume in Its Shares
Energizer Holdings Inc (ENR) has popped on trader's radar as the share momentum has climbed above the Aroon Up key level of 70. Acrospire Investment Management LLC acquired a new stake in Energizer Holdings during the first quarter valued at $114,000.

22 September 2017
Mets expect Terry Collins to retire at the end of the season
The Mets expect manager Terry Collins to retire at the end of the season, sources tell Kristie Ackert of the New York Daily News . Injuries, poor defense, subpar play, and an overworked bullpen are the reasons for the disappointing season.

22 September 2017
President Duterte, ready to lift military rule in Mindanao
But the President still wondered why the Maute rebels still have many weapons to sustain the fighting in Marawi. As long as it remains manageable and the police can take care of it", said the President.

22 September 2017
USA stocks close higher ahead as Fed meeting starts
A separate report released by the Labor Department showed increases in US import and export prices in the month of August. Semiconductor and natural gas stocks are also seeing modest weakness, while some strength has emerged among gold stocks.

22 September 2017
AutoZone Stock Fell after Its Fiscal 4Q17 Earnings Release
Salem Investment Counselors Inc. grew its position in AutoZone by 3.5% during the second quarter. (NYSE:AZO) for 208,904 shares. First Manhattan Communication owns 65,446 shares or 0.31% of their USA portfolio. 167,950 are owned by Bessemer Group.

22 September 2017
No need to renegotiate Iran nuclear deal
She suggested that USA complaints about Iran's troublesome non-nuclear activities should be discussed in a different forum. That's not so clear, according to French President Emmanuel Macron, who met with President Trump earlier this week.

22 September 2017
Chrissy Teigen Asked Twitter for '6 Brown Bananas' and Succeeded
She shared videos of herself saying, 'My banana bread, she's lovely , ' before adding: 'OMGosh please be good '. By the size of the cake, we doubt everyone got a slice, but at least Chrissy was delighted with her bake.

22 September 2017
Earnings Analysis Of The Blackstone Group LP (BX)
If you are accessing this piece on another site, it was stolen and republished in violation of global copyright & trademark laws. COPYRIGHT VIOLATION WARNING: This piece of content was first posted by Equities Focus and is the property of of Equities Focus.

22 September 2017
Ariel Winter Flaunts Midriff in Revealing Ripped Crop Top!
Ariel and her boyfriend Levi Meadon, 30, walked with some male companions and stopped off at a baby store. Ariel Winter is showing her critics that she doesn't care what anyone thinks of her fashion sense.

22 September 2017
Muharram moon sighted in Pakistan; Ashura on 1st October
The government and different religious organisations planned various programmes to observe the day in a befitting manner.



Recommended