General Mills (GIS) : Harwood Advisory Group scooped up 3,413 additional shares in General Mills during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 27,104 shares of General Mills which is valued at $1,674,485.General Mills makes up approximately 1.32% of Harwood Advisory Group’s portfolio.
Other Hedge Funds, Including , Pennsylvania Trust Co boosted its stake in GIS in the latest quarter, The investment management firm added 864 additional shares and now holds a total of 70,341 shares of General Mills which is valued at $4,345,667. General Mills makes up approx 0.36% of Pennsylvania Trust Co’s portfolio.Chicago Trust Co Na reduced its stake in GIS by selling 26,918 shares or 53.06% in the most recent quarter. The Hedge Fund company now holds 23,816 shares of GIS which is valued at $1,475,401. General Mills makes up approx 0.68% of Chicago Trust Co Na’s portfolio.Patten Patten Inctn reduced its stake in GIS by selling 2,039 shares or 18.35% in the most recent quarter. The Hedge Fund company now holds 9,071 shares of GIS which is valued at $561,948. General Mills makes up approx 0.07% of Patten Patten Inctn’s portfolio.Genesee Valley Trust Co reduced its stake in GIS by selling 8,047 shares or 53.79% in the most recent quarter. The Hedge Fund company now holds 6,914 shares of GIS which is valued at $428,322. General Mills makes up approx 0.28% of Genesee Valley Trust Co’s portfolio.Beacon Financial Group reduced its stake in GIS by selling 9,645 shares or 7.72% in the most recent quarter. The Hedge Fund company now holds 115,300 shares of GIS which is valued at $7,190,108. General Mills makes up approx 1.51% of Beacon Financial Group’s portfolio.
General Mills closed down -0.44 points or -0.71% at $61.78 with 33,37,151 shares getting traded on Friday. Post opening the session at $62.42, the shares hit an intraday low of $61.73 and an intraday high of $62.48 and the price fluctuated in this range throughout the day.Shares ended Friday 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.