Gsa Capital Partners Llp adds General Mills (GIS) to its portfolio

General Mills (GIS) : Gsa Capital Partners Llp added new position in General Mills during the most recent quarter end. The investment management firm now holds 122,423 shares of General Mills which is valued at $7,492,288 , the company said in a statement filed on Nov 14, 2016 with the SEC.General Mills makes up approximately 0.39% of Gsa Capital Partners Llp’s portfolio.

Other Hedge Funds, Including , Cambridge Trust Co reduced its stake in GIS by selling 900 shares or 2.56% in the most recent quarter. The Hedge Fund company now holds 34,304 shares of GIS which is valued at $2,121,016. General Mills makes up approx 0.16% of Cambridge Trust Co’s portfolio.Sandy Spring Bank boosted its stake in GIS in the latest quarter, The investment management firm added 43 additional shares and now holds a total of 7,404 shares of General Mills which is valued at $457,789. General Mills makes up approx 0.05% of Sandy Spring Bank’s portfolio.Arizona State Retirement System reduced its stake in GIS by selling 13,300 shares or 4.0% in the most recent quarter. The Hedge Fund company now holds 319,298 shares of GIS which is valued at $19,598,511. General Mills makes up approx 0.31% of Arizona State Retirement System’s portfolio.Bank Of The West reduced its stake in GIS by selling 30 shares or 0.54% in the most recent quarter. The Hedge Fund company now holds 5,556 shares of GIS which is valued at $342,583. General Mills makes up approx 0.05% of Bank Of The West’s portfolio.

General Mills closed down -0.1 points or -0.16% at $61.26 with 22,27,876 shares getting traded on Monday. Post opening the session at $61.36, the shares hit an intraday low of $60.98 and an intraday high of $61.63 and the price fluctuated in this range throughout the day.Shares ended Monday 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.

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