Valley Brook Capital Group Inc. Has $722,000 Stock Position in General Mills, Inc. (NYSE:GIS)

Valley Brook Capital Group Inc. lowered its stake in shares of General Mills, Inc. (NYSE:GIS) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,315 shares of the company’s stock after selling 605 shares during the period. Valley Brook Capital Group Inc.’s holdings in General Mills were worth $722,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Endeavor Private Wealth Inc. acquired a new position in shares of General Mills during the fourth quarter valued at about $26,000. Values First Advisors Inc. bought a new stake in shares of General Mills during the third quarter worth about $27,000. Planning Capital Management Corp increased its position in shares of General Mills by 61.5% during the third quarter. Planning Capital Management Corp now owns 507 shares of the company’s stock worth $37,000 after acquiring an additional 193 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of General Mills during the fourth quarter worth about $38,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of General Mills during the third quarter worth about $44,000. Institutional investors and hedge funds own 75.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Bank of America raised shares of General Mills from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $78.00 to $80.00 in a research report on Friday, December 13th. Barclays decreased their target price on shares of General Mills from $74.00 to $68.00 and set an “equal weight” rating for the company in a research report on Friday, December 20th. TD Cowen reduced their price objective on shares of General Mills from $75.00 to $64.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $70.00 price objective on shares of General Mills in a research report on Thursday, December 19th. Finally, Wells Fargo & Company reduced their price objective on shares of General Mills from $68.00 to $64.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $71.13.

Insider Activity

In related news, Director Maria Sastre sold 1,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $63.66, for a total transaction of $63,660.00. Following the transaction, the director now owns 23,013 shares of the company’s stock, valued at approximately $1,465,007.58. This trade represents a 4.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paul Joseph Gallagher sold 1,041 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $64.50, for a total transaction of $67,144.50. Following the completion of the sale, the insider now directly owns 42,117 shares in the company, valued at approximately $2,716,546.50. This trade represents a 2.41 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.26% of the company’s stock.

General Mills Stock Performance

NYSE GIS opened at $59.37 on Wednesday. General Mills, Inc. has a 1 year low of $57.85 and a 1 year high of $75.90. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.92 and a quick ratio of 0.67. The stock has a market capitalization of $32.72 billion, a PE ratio of 12.91, a P/E/G ratio of 3.82 and a beta of 0.10. The company’s 50 day simple moving average is $62.13 and its two-hundred day simple moving average is $67.09.

General Mills (NYSE:GIS) last posted its quarterly earnings data on Wednesday, December 18th. The company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.18. The firm had revenue of $5.24 billion for the quarter, compared to analysts’ expectations of $5.14 billion. General Mills had a net margin of 13.08% and a return on equity of 27.55%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company posted $1.25 EPS. Analysts predict that General Mills, Inc. will post 4.4 earnings per share for the current fiscal year.

General Mills Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 10th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Thursday, April 10th. General Mills’s dividend payout ratio (DPR) is currently 52.17%.

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 savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.