General Mills (GIS) : Culbertson A N Co Inc scooped up 420 additional shares in General Mills during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 46,871 shares of General Mills which is valued at $2,903,658.General Mills makes up approximately 1.04% of Culbertson A N Co Inc’s portfolio.
Other Hedge Funds, Including , Hollencrest Securities sold out all of its stake in GIS during the most recent quarter. The investment firm sold 3,556 shares of GIS which is valued $220,294.Oregon Public Employees Retirement Fund reduced its stake in GIS by selling 6,427 shares or 4.67% in the most recent quarter. The Hedge Fund company now holds 131,123 shares of GIS which is valued at $8,187,320. General Mills makes up approx 0.18% of Oregon Public Employees Retirement Fund’s portfolio.Hills Bank Trust Co reduced its stake in GIS by selling 10 shares or 0.04% in the most recent quarter. The Hedge Fund company now holds 27,705 shares of GIS which is valued at $1,729,900. General Mills makes up approx 0.63% of Hills Bank Trust Co’s portfolio.Fisher Asset Management boosted its stake in GIS in the latest quarter, The investment management firm added 66 additional shares and now holds a total of 6,947 shares of General Mills which is valued at $433,771.West Oak Capital boosted its stake in GIS in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 20,745 shares of General Mills which is valued at $1,293,658. General Mills makes up approx 0.90% of West Oak Capital’s portfolio.
General Mills closed down -0.49 points or -0.78% at $61.95 with 30,07,468 shares getting traded on Tuesday. Post opening the session at $62.28, the shares hit an intraday low of $61.71 and an intraday high of $62.38 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, General Mills reported $0.78 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Sep 21, 2016. Analyst had a consensus of $0.75. The company had revenue of $3900.00 million for the quarter, compared to analysts expectations of $3915.06 million. The company’s revenue was down -7.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.79 EPS.
General Mills Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail International and Convenience Stores and Foodservice. The Company offers a range of food products with a focus on five categories: ready-to-eat cereal; convenient meals including meal kits ethnic meals pizza soup side dish mixes frozen breakfast and frozen entrees; snacks including grain fruit and savory snacks nutrition bars and frozen hot snacks; yogurt and super-premium ice cream. The Company’s other product categories include baking mixes and ingredients; refrigerated and frozen dough and frozen and shelf-stable vegetables. The Company has 50% interests in two joint ventures that manufacture and market food products.