Marshall Wace LLP acquires 278,899 shares of General Mills, Inc.

Marshall Wace LLP boosted its holdings of General Mills, INC (NYSE: GIS) by 25.1% during the third quarter, according to the firm's most recent 13F filing with the Securities and Exchange Commission. Once the term is through, the institutional investor's investment portfolio will hold 1,390,307 shares of the company's stock.

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This statistic reflects a 278.899 share rise over the preceding quarter.

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Marshall Wace LLP owned roughly 0.23% of General Mills after the most recent quarter, valued at $106,510,000.

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Furthermore, hedge funds and other institutional investors have changed their approach to investing in the firm to capitalize on recent changes.

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Capital Analysts LLC's stake in General Mills surged by 95% in the second quarter of the year.

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Capital Analysts LLC now owns 390 shares of the company's stock after purchasing an additional 190 shares during the most recent quarter.

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Capital Analysts LLC's stock holdings are worth $29,000 in total.

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Selway Asset Management committed roughly $31,000 in capital to purchase a new position in General Mills during the third quarter.

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TD Capital Management LLC's total investment in General Mills as of the conclusion of the third quarter was about $33,000, due to further investments made during that period. Carolinas Wealth Consulting LLC increased its stake in General Mills to 100% during the third fiscal quarter by purchasing an additional 50.7% of the company.

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Carolinas Wealth Consulting LLC purchased an additional 144 shares of the company's stock in the most recent quarter, bringing its total holdings to 428, valued at $33,000.

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This takes their overall holdings of the company's stock to 428 shares.

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Finally, Clear Perspectives Financial Planning LLC added General Mills to its investment portfolio in the third quarter for roughly $34,000. Institutions now own 74.48% of the total number of shares in the company in their portfolios.

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There are several papers accessible on GIS stock, all of which were produced by industry specialists. Wells Fargo & Company released the first research report on General Mills on January 3, 2019. That day, coverage began. They gave the company an "equal weight" rating and set the price target at $88.01 per share.

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On November 15, BNP Paribas published a research note in which it announced that it will start covering General Mills.

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The stock was given the "outperform" rating, and the share price objective was set at $90.00 a share. General Mills received a "outperform" rating from Credit Suisse Group in a research report that was released on December 21.

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The brokerage also raised its $82.00 price objective from $77.00 for the stock at the same time. StockNews.com decreased its earlier recommendation of "buy" for General Mills shares and gave it a rating of "hold" rather than "buy" in a research report that was issued on December 8.

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The stock has a "hold" recommendation from Deutsche Bank Aktiengesellschaft, and the company's price objective is $800.00.

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The company has also determined a price objective for the shares.

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On Tuesday, December 6, a research note was made accessible to the general public. Ten experts have advised the firm to keep its shares, five analysts have advised the company to purchase its stock, and two market observers have advised the company to sell.

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The average price objective that the analysts have set for the firm is $82.13, and "Hold" is the overall recommendation from the survey.

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GIS's price rose by $0.17 during trading on Friday, bringing the overall cost to $79.12. This represents a significant increase above the 3,563,416 shares that the business trades on average each day.

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A quick ratio of 0.35, a current ratio of 0.58, a debt-to-equity ratio of 0.83, and a quick ratio of 0.35 are calculated. In the last recent year, the price of General Mills, INC has fluctuated between as low as $61.67 and as high as $88.34.

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These measures collectively show that the company is quite steady.

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The stock's moving average over the previous 50 days was $79.91; over the previous 200 days, it was $79.72.

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On Tuesday, December 20, General Mills (NYSE: GIS) announced the release of its quarterly financial results.

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The company's earnings per share (EPS) came in at $1.10, $0.04 more than the $1.06 average forecast. The first projection was for $1.06.

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General Mills' net margin was 15.02%, while the company's return on equity was 24.09%. Yet, the $5.22 billion in revenue the firm generated for the quarter was much greater than the $5.15 billion experts had predicted it would generate.

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This year, General Mills, INC is expected to earn $4.18 per share, according to stock market experts.

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The business also just declared a quarterly dividend that will be paid on May 1. Investors who are currently signed up for dividends will be qualified to receive $0.54 per share on Monday, April 10.

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This results in an annual dividend payout of $2.16 and a yield of 2.73 percent.

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On April 6, which served as the formal start date of the counting period, this dividend began to be counted. Presently, General Mills pays out 45.09% of its dividends to shareholders.

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