Frank Rimerman Advisors LLC minimize its stake in Common Mills, Inc. (NYSE:GIS – Free Report) by 85.1% throughout the third quarter, in response to its most up-to-date 13F submitting with the Securities and Alternate Fee. The agency owned 5,638 shares of the corporate’s inventory after promoting 32,259 shares throughout the quarter. Frank Rimerman Advisors LLC’s holdings in Common Mills had been price $416,000 on the finish of the latest quarter.
Different institutional traders and hedge funds have additionally made adjustments to their positions within the firm. DekaBank Deutsche Girozentrale boosted its place in Common Mills by 15.1% throughout the third quarter. DekaBank Deutsche Girozentrale now owns 913,326 shares of the corporate’s inventory valued at $67,854,000 after buying an extra 119,955 shares within the final quarter. GHP Funding Advisors Inc. lifted its place in shares of Common Mills by 1.4% throughout the third quarter. GHP Funding Advisors Inc. now owns 72,056 shares of the corporate’s inventory valued at $5,321,000 after shopping for an extra 993 shares over the last quarter. Pathway Monetary Advisers LLC boosted its holdings in shares of Common Mills by 6.3% within the third quarter. Pathway Monetary Advisers LLC now owns 7,216 shares of the corporate’s inventory valued at $533,000 after shopping for an extra 427 shares within the final quarter. NorthCrest Asset Manangement LLC raised its stake in shares of Common Mills by 2.0% throughout the third quarter. NorthCrest Asset Manangement LLC now owns 207,645 shares of the corporate’s inventory price $15,335,000 after buying an extra 4,160 shares within the final quarter. Lastly, Forsta AP Fonden lifted its place in Common Mills by 41.1% throughout the third quarter. Forsta AP Fonden now owns 153,500 shares of the corporate’s inventory valued at $11,336,000 after buying an extra 44,700 shares over the last quarter. 75.71% of the inventory is presently owned by hedge funds and different institutional traders.
Wall Avenue Analysts Forecast Progress
A number of equities analysts have issued experiences on GIS shares. Stifel Nicolaus lifted their value goal on shares of Common Mills from $70.00 to $82.00 and gave the inventory a “purchase” score in a report on Thursday, September nineteenth. Citigroup upped their goal value on Common Mills from $68.00 to $76.00 and gave the corporate a “impartial” score in a analysis report on Monday, September sixteenth. Wells Fargo & Firm raised their value goal on Common Mills from $67.00 to $75.00 and gave the inventory an “equal weight” score in a report on Friday, September thirteenth. Royal Financial institution of Canada restated a “sector carry out” score and set a $70.00 value goal on shares of Common Mills in a report on Thursday, September nineteenth. Lastly, The Goldman Sachs Group started protection on shares of Common Mills in a analysis observe on Monday, August twelfth. They issued a “purchase” score and a $76.00 goal value for the corporate. One funding analyst has rated the inventory with a promote score, twelve have given a maintain score and three have given a purchase score to the inventory. Primarily based on knowledge from MarketBeat, the inventory presently has a consensus score of “Maintain” and a consensus value goal of $73.00.
Examine Out Our Newest Inventory Report on GIS
Common Mills Inventory Efficiency
NYSE GIS opened at $68.28 on Tuesday. Common Mills, Inc. has a fifty-two week low of $61.47 and a fifty-two week excessive of $75.90. The corporate has a debt-to-equity ratio of 1.20, a fast ratio of 0.39 and a present ratio of 0.66. The agency has a market capitalization of $38.11 billion, a P/E ratio of 15.84, a PEG ratio of three.55 and a beta of 0.10. The inventory has a 50-day easy shifting common of $72.28 and a two-hundred day easy shifting common of $69.18.
Common Mills (NYSE:GIS – Get Free Report) final introduced its quarterly earnings outcomes on Wednesday, September 18th. The corporate reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.01. Common Mills had a return on fairness of 26.85% and a web margin of 12.14%. The corporate had income of $4.85 billion throughout the quarter, in comparison with the consensus estimate of $4.80 billion. Throughout the identical interval within the earlier yr, the corporate posted $1.09 earnings per share. Common Mills’s income for the quarter was down 1.2% on a year-over-year foundation. On common, equities analysts forecast that Common Mills, Inc. will publish 4.51 earnings per share for the present yr.
Common Mills Pronounces Dividend
The corporate additionally not too long ago declared a quarterly dividend, which will likely be paid on Friday, November 1st. Buyers of file on Thursday, October tenth will likely be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized foundation and a yield of three.52%. The ex-dividend date of this dividend is Thursday, October tenth. Common Mills’s dividend payout ratio (DPR) is presently 55.68%.
Insider Exercise at Common Mills
In different information, insider Pankaj Mn Sharma offered 2,325 shares of the inventory in a transaction dated Friday, September twentieth. The shares had been offered at a median value of $74.63, for a complete transaction of $173,514.75. Following the sale, the insider now straight owns 36,184 shares of the corporate’s inventory, valued at $2,700,411.92. This represents a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. In different information, CEO Jeffrey L. Harmening offered 46,500 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, October twenty third. The inventory was offered at a median value of $68.61, for a complete worth of $3,190,365.00. Following the completion of the sale, the chief govt officer now straight owns 355,328 shares within the firm, valued at $24,379,054.08. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by way of this hyperlink. Additionally, insider Pankaj Mn Sharma offered 2,325 shares of the corporate’s inventory in a transaction that occurred on Friday, September twentieth. The inventory was offered at a median value of $74.63, for a complete worth of $173,514.75. Following the transaction, the insider now straight owns 36,184 shares of the corporate’s inventory, valued at roughly $2,700,411.92. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale could be discovered right here. During the last quarter, insiders have offered 66,555 shares of firm inventory price $4,657,676. 0.24% of the inventory is owned by firm insiders.
Common Mills Profile
Common Mills, Inc manufactures and markets branded shopper meals worldwide. The corporate operates by way of 4 segments: North America Retail; Worldwide; Pet; and North America Foodservice. It gives grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough merchandise, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and totally baked frozen dough merchandise, frozen sizzling snacks, ethnic meals, facet dish mixes, frozen breakfast and entrees, vitamin bars, and frozen and shelf-stable greens.
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