Cozad Asset Management Inc. Has $1.56 Million Position in General Mills, Inc. (NYSE:GIS)

Cozad Asset Management Inc. cut its stake in General Mills, Inc. (NYSE:GIS) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,003 shares of the company’s stock after selling 1,347 shares during the quarter. Cozad Asset Management Inc.’s holdings in General Mills were worth $1,564,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Operose Advisors LLC increased its position in General Mills by 214.1% in the 3rd quarter. Operose Advisors LLC now owns 402 shares of the company’s stock worth $26,000 after purchasing an additional 274 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new position in General Mills in the fourth quarter worth approximately $28,000. Authentikos Wealth Advisory LLC bought a new position in General Mills during the third quarter valued at approximately $31,000. HHM Wealth Advisors LLC acquired a new stake in General Mills in the third quarter valued at approximately $32,000. Finally, Fortitude Family Office LLC bought a new stake in General Mills in the fourth quarter worth approximately $40,000. 75.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. TD Cowen lifted their price objective on shares of General Mills from $68.00 to $70.00 and gave the company a “market perform” rating in a research note on Thursday, March 21st. Morgan Stanley increased their price objective on General Mills from $58.00 to $61.00 and gave the company an “underweight” rating in a report on Thursday, March 21st. Wells Fargo & Company boosted their target price on General Mills from $65.00 to $70.00 and gave the stock an “equal weight” rating in a report on Thursday, March 21st. JPMorgan Chase & Co. increased their price target on General Mills from $68.00 to $72.00 and gave the company a “neutral” rating in a report on Thursday, March 21st. Finally, Stifel Nicolaus restated a “buy” rating and issued a $77.00 price objective on shares of General Mills in a research note on Monday, April 22nd. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $72.18.

Insider Buying and Selling

In other General Mills news, insider Jonathon Nudi sold 10,000 shares of the company’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $69.21, for a total value of $692,100.00. Following the sale, the insider now directly owns 93,381 shares in the company, valued at $6,462,899.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.24% of the stock is owned by corporate insiders.

General Mills Price Performance

NYSE:GIS opened at $70.46 on Wednesday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.40 and a current ratio of 0.66. The company has a 50-day moving average of $67.87 and a 200-day moving average of $65.73. General Mills, Inc. has a 52 week low of $60.33 and a 52 week high of $90.89. The company has a market capitalization of $40.01 billion, a price-to-earnings ratio of 16.16, a PEG ratio of 2.42 and a beta of 0.15.

General Mills (NYSE:GIS) last announced its quarterly earnings results on Wednesday, March 20th. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.12. General Mills had a net margin of 12.66% and a return on equity of 26.84%. The firm had revenue of $5.10 billion during the quarter, compared to analysts’ expectations of $4.97 billion. During the same quarter last year, the company earned $0.97 earnings per share. The company’s revenue for the quarter was down .5% compared to the same quarter last year. As a group, equities research analysts anticipate that General Mills, Inc. will post 4.51 earnings per share for the current fiscal year.

General Mills Company Profile

General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables.