Alps Advisors INC Lowered Its Position in General Mills INC (GIS) by $5.09 Million as Share Value Rose

General Mills, Inc. (NYSE:GIS) LogoInvestors sentiment increased to 1.08 in Q2 2018. Its up 0.24, from 0.84 in 2018Q1. It increased, as 60 investors sold GIS shares while 332 reduced holdings. 109 funds opened positions while 316 raised stakes. 407.46 million shares or 0.39% less from 409.04 million shares in 2018Q1 were reported. Peddock Capital Advisors Limited Liability Co holds 0.03% of its portfolio in General Mills, Inc. (NYSE:GIS) for 1,200 shares. Pacific Investment Mngmt has 15,330 shares for 0.15% of their portfolio. Prudential Incorporated invested in 0.04% or 639,230 shares. Moreover, Fjarde Ap has 0.1% invested in General Mills, Inc. (NYSE:GIS). Cadence Mgmt Limited Liability Company reported 0.27% in General Mills, Inc. (NYSE:GIS). Moreover, State Treasurer State Of Michigan has 0.06% invested in General Mills, Inc. (NYSE:GIS) for 175,538 shares. Jarislowsky Fraser invested 0% in General Mills, Inc. (NYSE:GIS). 66,120 were reported by Brinker Inc. Private Tru Na holds 0.09% of its portfolio in General Mills, Inc. (NYSE:GIS) for 8,977 shares. Princeton Strategies Grp Ltd reported 0.07% stake. Wellington Mngmt Gp Ltd Liability Partnership invested in 238,213 shares. Guardian Capital Lp reported 8,895 shares. Carnegie Capital Asset Management Limited Liability owns 37,476 shares. Moreover, Amer Century Companies has 0.15% invested in General Mills, Inc. (NYSE:GIS). Veritable Limited Partnership holds 0.02% or 17,986 shares.

Since June 28, 2018, it had 1 buying transaction, and 4 selling transactions for $4.63 million activity. Nudi Jonathon also sold $225,155 worth of General Mills, Inc. (NYSE:GIS) shares. Williams-Roll Jacqueline also sold $105,919 worth of General Mills, Inc. (NYSE:GIS) on Wednesday, July 18. $604,321 worth of General Mills, Inc. (NYSE:GIS) shares were sold by MILLER HEIDI. The insider SASTRE MARIA bought $47,370.

Alps Advisors Inc decreased its stake in General Mills Inc (GIS) by 9.13% based on its latest 2018Q2 regulatory filing with the SEC. Alps Advisors Inc sold 86,304 shares as the company’s stock rose 6.48% with the market. The institutional investor held 859,438 shares of the consumer non-durables company at the end of 2018Q2, valued at $50.96M, down from 945,742 at the end of the previous reported quarter. Alps Advisors Inc who had been investing in General Mills Inc for a number of months, seems to be less bullish one the $23.79 billion market cap company. The stock decreased 0.92% or $0.37 during the last trading session, reaching $39.9. About 2.01 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 14.49% since December 6, 2017 and is downtrending. It has underperformed by 30.11% the S&P500.

Alps Advisors Inc, which manages about $13.32 billion and $15.64 billion US Long portfolio, upped its stake in Seagate Technology Plc (NASDAQ:STX) by 376,362 shares to 1.18 million shares, valued at $49.51M in 2018Q2, according to the filing. It also increased its holding in Buckeye Partners Lp (NYSE:BPL) by 661,654 shares in the quarter, for a total of 12.19 million shares, and has risen its stake in Dcp Midstream Lp (NYSE:DPM).

Analysts await General Mills, Inc. (NYSE:GIS) to report earnings on December, 19 before the open. They expect $0.82 earnings per share, 0.00 % or $0.00 from last year’s $0.82 per share. GIS’s profit will be $488.92M for 12.16 P/E if the $0.82 EPS becomes a reality. After $0.71 actual earnings per share reported by General Mills, Inc. for the previous quarter, Wall Street now forecasts 15.49 % EPS growth.

More notable recent General Mills, Inc. (NYSE:GIS) news were published by: Bizjournals.com which released: “J.H. Whitney reportedly selling pet food company – New York Business Journal” on December 05, 2018, also Fool.com with their article: “3 Reliable Consumer Staples Stocks With Dividend Yields Over 3% – The Motley Fool” published on December 02, 2018, Fool.com published: “3 Stocks to Buy and Hold for the Next 50 Years – The Motley Fool” on December 01, 2018. More interesting news about General Mills, Inc. (NYSE:GIS) were released by: Seekingalpha.com and their article: “Dividend Stock Analysis – General Mills, Inc. – Seeking Alpha” published on November 13, 2018 as well as Finance.Yahoo.com‘s news article titled: “Should You Worry About The General Mills Inc’s (NYSE:GIS) Shareholder Register? – Yahoo Finance” with publication date: September 18, 2018.

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

Among 4 analysts covering General Mills (NYSE:GIS), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. General Mills had 4 analyst reports since June 27, 2018 according to SRatingsIntel. On Wednesday, June 27 the stock rating was maintained by Wells Fargo with “Buy”. The firm has “Equal-Weight” rating given on Monday, September 17 by Morgan Stanley. Citigroup maintained General Mills, Inc. (NYSE:GIS) on Friday, June 29 with “Buy” rating.

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

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