General Mills (GIS) : Capstone Asset Management Co scooped up 10,972 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 239,417 shares of General Mills which is valued at $14,831,883.General Mills makes up approximately 0.43% of Capstone Asset Management Co’s portfolio.
Other Hedge Funds, Including , Kelman-lazarov reduced its stake in GIS by selling 552 shares or 6.7% in the most recent quarter. The Hedge Fund company now holds 7,692 shares of GIS which is valued at $480,288. General Mills makes up approx 0.27% of Kelman-lazarov’s portfolio.First Financial Bank N.a. – Trust Division reduced its stake in GIS by selling 705 shares or 4.2% in the most recent quarter. The Hedge Fund company now holds 16,092 shares of GIS which is valued at $1,004,784. General Mills makes up approx 0.19% of First Financial Bank N.a. – Trust Division’s portfolio.Cutler Group Lp reduced its stake in GIS by selling 2,197 shares or 29.02% in the most recent quarter. The Hedge Fund company now holds 5,374 shares of GIS which is valued at $335,553. General Mills makes up approx 0.02% of Cutler Group Lp’s portfolio.Curbstone Financial Management Corp reduced its stake in GIS by selling 200 shares or 1.22% in the most recent quarter. The Hedge Fund company now holds 16,220 shares of GIS which is valued at $1,011,479. General Mills makes up approx 0.33% of Curbstone Financial Management Corp’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.