MAY 23·MarketBeat▼
Northwestern Mutual Wealth Management Co. Acquires 120,349 Shares of General Mills, Inc. $GIS
Northwestern Mutual Wealth Management Co. significantly increased its stake in General Mills (NYSE:GIS) by 198.9% in the fourth quarter, purchasing an additional 120,349 shares to own a total of 180,868 shares valued at $8.41 million. This increase comes despite General Mills reporting weaker-than-expected quarterly results with $0.64 EPS and revenue of $4.44 billion, leading to a "Reduce" consensus rating and an average price target of $42.44 from Wall Street analysts. Insider selling also occurred, with two executives selling shares totaling over $600,000 in May.
MAY 23·MarketBeat→
ABN Amro Investment Solutions Acquires 40,450 Shares of General Mills, Inc. $GIS
ABN Amro Investment Solutions significantly increased its stake in General Mills, Inc. by acquiring an additional 40,450 shares, bringing their total holdings to 50,552 shares valued at $2,351,000. Other institutional investors also adjusted their positions in GIS. The article also provides details on General Mills' recent earnings, stock performance, analyst ratings, and insider trading activities.
