From MarketBeat:



Advocate Group LLC increased its holdings in General Mills, Inc. by 16.2% during the third quarter, acquiring 67,500 more shares of the company’s stock, making it its biggest holding. Several other hedge funds and institutional investors also made changes to their positions in the company during different quarters. Wall Street analysts have varied opinions on GIS stock, with some decreasing their price targets and others maintaining a “hold” rating on the stock. General Mills last reported quarterly earnings data, beating the consensus estimate of $1.16 by $0.09. The company announced a quarterly dividend, and its current dividend payout ratio is 57.42%. General Mills, Inc. manufactures and markets branded consumer foods worldwide and operates through four segments. The company had a net margin of 12.06% and a return on equity of 25.44% during the reported quarter. The stock traded on the NYSE at $64.51 on Friday, and it has a 12-month low of $60.33 and a high of $90.89. The stock has a consensus rating of “Hold” and an average target price of $73.00. MarketBeat keeps track of top-rated analysts and the stocks they recommend, and General Mills is not currently among their top picks. If you’d like to learn about the stocks they favor, MarketBeat can provide more information.



Original: Advocate Group LLC Acquires 67,500 Shares of General Mills, Inc. (NYSE:GIS)