Palisade Asset Management Lowered By $715,500 Its General Mills (GIS) Position; Weis Markets (WMK) Sentiment Is 1.31

June 19, 2018 - By Cheryll Laflamme

General Mills, Inc. (NYSE:GIS) Logo

Palisade Asset Management Llc decreased General Mills Inc (GIS) stake by 26.64% reported in 2018Q1 SEC filing. Palisade Asset Management Llc sold 15,900 shares as General Mills Inc (GIS)’s stock declined 17.08%. The Palisade Asset Management Llc holds 43,794 shares with $1.97 million value, down from 59,694 last quarter. General Mills Inc now has $26.52B valuation. The stock decreased 1.54% or $0.7 during the last trading session, reaching $44.73. About 8.51 million shares traded or 32.57% up from the average. General Mills, Inc. (NYSE:GIS) has declined 24.97% since June 19, 2017 and is downtrending. It has underperformed by 37.54% the S&P500. Some Historical GIS News: ; 21/03/2018 – General Mills Had Seen 3%-4% Increase in FY Constant-Currency Adjusted Diluted EPS; 21/03/2018 – GENERAL MILLS – FISCAL 2018 CONSTANT-CURRENCY ADJ DILUTED EPS NOW EXPECTED TO RANGE BETWEEN FLAT & UP 1 PCT FROM BASE OF $3.08 EARNED IN FISCAL 2017; 16/03/2018 – A few earnings are expected, including Nike, Oracle, FedEx and General Mills; 09/05/2018 – NESTLE INDIA -APPROVED PROPOSAL FOR ADDING NESTLÉ BREAKFAST CEREALS FROM CEREAL PARTNERS WORLDWIDE (CPW) TO ITS EXISTING PORTFOLIO THIS YEAR; 21/03/2018 – General Mills 3Q EPS $1.62; 21/03/2018 – General Mills 3Q Adj EPS 79c; 21/03/2018 – General Mills Becomes Latest Victim of Higher Input Costs; 22/03/2018 – GENERAL MILLS INC GIS.N : SOCGEN RAISES TO HOLD FROM SELL; 21/03/2018 – General Mills cuts profit forecast as freight, commodity costs weigh; 03/04/2018 – General Mills Announces Public Offering of About $6B Aggregate Principal Amount of Senior Unsecured Notes

Weis Markets Inc (WMK) investors sentiment increased to 1.31 in 2018 Q1. It’s up 0.11, from 1.2 in 2017Q4. The ratio has improved, as 51 hedge funds opened new and increased positions, while 39 sold and reduced their stakes in Weis Markets Inc. The hedge funds in our database reported: 9.21 million shares, up from 8.55 million shares in 2017Q4. Also, the number of hedge funds holding Weis Markets Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 29 Increased: 33 New Position: 18.

Among 24 analysts covering General Mills Inc. (NYSE:GIS), 4 have Buy rating, 2 Sell and 18 Hold. Therefore 17% are positive. General Mills Inc. had 85 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, December 18 by Wells Fargo. The firm has “Neutral” rating by UBS given on Thursday, September 22. The rating was upgraded by Susquehanna to “Positive” on Friday, March 23. The firm earned “Equalweight” rating on Thursday, July 14 by Morgan Stanley. The rating was upgraded by PiperJaffray to “Neutral” on Wednesday, January 3. On Monday, October 26 the stock rating was initiated by Susquehanna with “Neutral”. The firm earned “Hold” rating on Wednesday, February 15 by Deutsche Bank. RBC Capital Markets maintained General Mills, Inc. (NYSE:GIS) rating on Thursday, June 30. RBC Capital Markets has “Outperform” rating and $73 target. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, June 29 report. The rating was reinitiated by Goldman Sachs with “Neutral” on Tuesday, December 1.

Investors sentiment decreased to 0.84 in Q1 2018. Its down 0.05, from 0.89 in 2017Q4. It is negative, as 93 investors sold GIS shares while 377 reduced holdings. 99 funds opened positions while 297 raised stakes. 409.04 million shares or 0.94% more from 405.24 million shares in 2017Q4 were reported. Paragon Mngmt Limited stated it has 0.15% of its portfolio in General Mills, Inc. (NYSE:GIS). Teacher Retirement Of Texas has invested 0.07% in General Mills, Inc. (NYSE:GIS). Ubs Asset Management Americas Inc has invested 0% in General Mills, Inc. (NYSE:GIS). Congress Asset Ma holds 55,471 shares. Callahan Advsr Limited Liability stated it has 0.43% of its portfolio in General Mills, Inc. (NYSE:GIS). Brown Brothers Harriman And Company has 115,035 shares. Louisiana State Employees Retirement Systems reported 34,700 shares stake. Brandywine Glob Limited Liability Corp reported 0% of its portfolio in General Mills, Inc. (NYSE:GIS). California-based Dodge Cox has invested 0% in General Mills, Inc. (NYSE:GIS). Numerixs Inv holds 0.51% in General Mills, Inc. (NYSE:GIS) or 46,313 shares. Employees Retirement Association Of Colorado owns 0.03% invested in General Mills, Inc. (NYSE:GIS) for 101,935 shares. 52,888 were accumulated by Raymond James Na. South Dakota Council invested in 19,400 shares or 0.02% of the stock. California Employees Retirement, a California-based fund reported 1.48M shares. Parkside Bankshares & Tru accumulated 4,815 shares or 0.08% of the stock.

Palisade Asset Management Llc increased Ishares Tr (IEFA) stake by 12,200 shares to 15,602 valued at $1.03 million in 2018Q1. It also upped Mcdonald S Corp (NYSE:MCD) stake by 3,413 shares and now owns 72,238 shares. Apple Inc (NASDAQ:AAPL) was raised too.

More recent General Mills, Inc. (NYSE:GIS) news were published by: Bizjournals.com which released: “Has Greek peaked? General Mills bets yes with new Yoplait brand YQ” on June 19, 2018. Also Seekingalpha.com published the news titled: “General Mills: What Is A Good Price Point To Buy At?” on June 05, 2018. Investorplace.com‘s news article titled: “10 Consumer Stocks on the Clearance Rack” with publication date: June 18, 2018 was also an interesting one.

Since January 9, 2018, it had 1 buying transaction, and 1 insider sale for $264,350 activity. The insider Quam Bethany C. sold $517,458. Shares for $253,108 were bought by HARMENING JEFFREY L.

Analysts await General Mills, Inc. (NYSE:GIS) to report earnings on June, 27. They expect $0.75 earnings per share, up 2.74% or $0.02 from last year’s $0.73 per share. GIS’s profit will be $444.67M for 14.91 P/E if the $0.75 EPS becomes a reality. After $0.79 actual earnings per share reported by General Mills, Inc. for the previous quarter, Wall Street now forecasts -5.06% negative EPS growth.

More recent Weis Markets, Inc. (NYSE:WMK) news were published by: Seekingalpha.com which released: “Taking Profits In Weis Markets” on May 27, 2018. Also Seekingalpha.com published the news titled: “Moving From Buy To Hold On Nutrisystems” on June 04, 2018. Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in Meredith, Weis Markets, Kala Pharmaceuticals, Fortress Transportation and …” with publication date: May 22, 2018 was also an interesting one.

Weis Markets, Inc. engages in the retail sale of food in Pennsylvania and surrounding states. The company has market cap of $1.46 billion. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It has a 14.17 P/E ratio. It operates stores primarily under the Weis Markets trade name, as well as trademarks for its product lines and promotions, such as Weis, Weis 2 Go, Weis Wonder Chicken, Price Freeze, Weis Gas-n-Go, and Weis Nutri-Facts.

The stock increased 0.39% or $0.21 during the last trading session, reaching $54.13. About 176,352 shares traded or 58.72% up from the average. Weis Markets, Inc. (WMK) has declined 1.33% since June 19, 2017 and is downtrending. It has underperformed by 13.90% the S&P500. Some Historical WMK News: ; 26/04/2018 – Weis Markets Announces Quarterly Dividend; 25/04/2018 – PRESIDENT OF WALT DISNEY IMAGINEERING BOB WEIS SAYS IN SHANGHAI; 19/04/2018 – DJ Weis Markets Inc, Inst Holders, 1Q 2018 (WMK); 07/05/2018 – WEIS MARKETS INC QTRLY COMPARABLE STORE SALES, ADJUSTED FOR HOLIDAY SHIFT, INCREASED 1.5 PERCENT; 25/04/2018 – EXPANSION TO FOCUS ON SHANGHAI AND HONG KONG FOR NOW: WEIS; 13/03/2018 – WEIS MARKETS INC – QTRLY COMPARABLE STORE SALES WERE UP 1.2 PERCENT; 09/05/2018 – Weis Markets Short-Interest Ratio Rises 25% to 19 Days; 21/03/2018 – FDA: Weis Markets Issues an Allergy Alert For Weis Quality Store-Made Cole Slaw Sold in 8 Stores Due to Undeclared Egg Allergen; 07/05/2018 – WEIS MARKETS 1Q REV. $876.11B; 13/03/2018 – WEIS MARKETS 4Q REV. $883.7M

Weis Markets, Inc. (NYSE:WMK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: