General Mills, Inc. (GIS) Analysts See $0.75 EPS; Navellier & Associates Cut Its Global Payments (GPN) Stake

June 16, 2018 - By Adrian Erickson

General Mills, Inc. (NYSE:GIS) Logo

Navellier & Associates Inc decreased Global Payments Inc. (GPN) stake by 16.53% reported in 2018Q1 SEC filing. Navellier & Associates Inc sold 4,343 shares as Global Payments Inc. (GPN)’s stock declined 2.61%. The Navellier & Associates Inc holds 21,937 shares with $2.45 million value, down from 26,280 last quarter. Global Payments Inc. now has $18.75 billion valuation. The stock decreased 0.21% or $0.25 during the last trading session, reaching $117.5. About 1.19M shares traded or 20.12% up from the average. Global Payments Inc. (NYSE:GPN) has risen 20.94% since June 16, 2017 and is uptrending. It has outperformed by 8.37% the S&P500. Some Historical GPN News: ; 09/03/2018 – Global Payments to Participate in the Barclays Emerging Payments Forum; 22/05/2018 – Global Payments Closes Below 50-Day Moving Average: Technicals; 07/03/2018 TIMING: GLOBAL PAYMENTS SETS MARCH 8 LENDER CALL VIA BOFAML; 29/05/2018 – EU mergers and takeovers (May 29); 20/03/2018 – GLOBAL PAYMENTS – ON MARCH 20, CO, UNITS ENTERED INTO FIRST REFINANCING AMENDMENT TO CO’S SECOND RESTATED CREDIT AGREEMENT, DATED JULY 31, 2015; 03/05/2018 – Global Payments 1Q Rev $795M; 03/05/2018 – Global Payments 1Q Adj EPS $1.13; 15/05/2018 – Global Payments Presenting at JPMorgan Conference Tomorrow; 21/04/2018 – DJ Global Payments Inc, Inst Holders, 1Q 2018 (GPN); 19/03/2018 – Moody’s Changes Global Payments’ Outlook To Positive; Affirms Ba2 Cfr




Analysts expect General Mills, Inc. (NYSE:GIS) to report $0.75 EPS on June, 27.They anticipate $0.02 EPS change or 2.74% from last quarter’s $0.73 EPS. GIS’s profit would be $444.67 million giving it 15.14 P/E if the $0.75 EPS is correct. After having $0.79 EPS previously, General Mills, Inc.’s analysts see -5.06% EPS growth. The stock increased 2.07% or $0.92 during the last trading session, reaching $45.43. About 12.35 million shares traded or 92.45% up from the average. General Mills, Inc. (NYSE:GIS) has declined 24.97% since June 16, 2017 and is downtrending. It has underperformed by 37.54% the S&P500. Some Historical GIS News: ; 26/03/2018 – GENERAL MILLS – TO USE PROCEEDS FROM OFFERING TO FINANCE ACQUISITION OF BLUE BUFFALO PET PRODUCTS; 21/03/2018 – General Mills’ sales rise 2.3 percent; 24/04/2018 – General Mills Completes Acquisition Of Blue Buffalo Pet Products; 24/04/2018 – General Mills: Completed Acquisition of Blue Buffalo Pet Products for $40 a Shr in All-Cash Deal; 27/03/2018 – General Mills: Net Proceeds to Be Used for Blue Buffalo Pet Products Acquisition; 21/03/2018 – GENERAL MILLS INC – CO IS RESPONDING TO RISING COST PRESSURE WITH ACTIONS THAT TO LOWER COSTS AND IMPROVE PROFITABILITY IN SHORT AND MEDIUM TERM; 21/03/2018 – General Mills Becomes Latest Victim of Higher Input Costs; 20/04/2018 – DJ General Mills Inc, Inst Holders, 1Q 2018 (GIS); 23/03/2018 – The Good News on General Mills — Barrons.com; 21/03/2018 – General Mills Sounds Inflation Alarm for Food Industry — Heard on the Street

Analysts await Global Payments Inc. (NYSE:GPN) to report earnings on August, 2. They expect $1.16 earnings per share, up 30.34% or $0.27 from last year’s $0.89 per share. GPN’s profit will be $185.08 million for 25.32 P/E if the $1.16 EPS becomes a reality. After $1.07 actual earnings per share reported by Global Payments Inc. for the previous quarter, Wall Street now forecasts 8.41% EPS growth.

More recent Global Payments Inc. (NYSE:GPN) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Advanced Micro Devices, Delphi, Domino’s Pizza, Southwest Airlines, Square …” on June 15, 2018. Also Globenewswire.com published the news titled: “New Research: Key Drivers of Growth for Global Payments, Patterson-UTI Energy, Celanese, Westlake Chemical, Las …” on June 12, 2018. Fool.com‘s news article titled: “The Secret to Global Payments’ Success” with publication date: May 21, 2018 was also an interesting one.

Since December 18, 2017, it had 0 insider buys, and 20 insider sales for $8.69 million activity. $62,172 worth of Global Payments Inc. (NYSE:GPN) was sold by JACOBS WILLIAM I on Tuesday, January 16. Shares for $68,604 were sold by SILBERSTEIN ALAN M. The insider BALDWIN ROBERT H B JR sold 6,000 shares worth $625,682. MARSHALL RUTH ANN sold $714,500 worth of stock or 6,250 shares. Shares for $255,953 were sold by Green David Lawrence on Friday, May 11.

Investors sentiment decreased to 1 in Q1 2018. Its down 0.18, from 1.18 in 2017Q4. It turned negative, as 16 investors sold GPN shares while 170 reduced holdings. 63 funds opened positions while 123 raised stakes. 149.44 million shares or 0.86% less from 150.74 million shares in 2017Q4 were reported. Fuller And Thaler Asset Mgmt has invested 0.42% in Global Payments Inc. (NYSE:GPN). Klingenstein Fields Lc has invested 0.01% in Global Payments Inc. (NYSE:GPN). Spectrum Mngmt Incorporated stated it has 11,577 shares or 0.47% of all its holdings. Moreover, State Street has 0.05% invested in Global Payments Inc. (NYSE:GPN) for 5.69 million shares. Chevy Chase Trust reported 134,760 shares stake. The New York-based Tiger Eye Limited has invested 1.07% in Global Payments Inc. (NYSE:GPN). 105 were accumulated by Hanseatic Mgmt Svcs Inc. Tower Rech Cap Lc (Trc) holds 0.01% of its portfolio in Global Payments Inc. (NYSE:GPN) for 1,325 shares. Deutsche National Bank & Trust Ag, a Germany-based fund reported 686,695 shares. Symphony Asset Limited Liability Company accumulated 2,888 shares. 17,165 were reported by Veritable L P. 208,249 were accumulated by Barclays Public Limited Com. Aviva Public Lc reported 77,299 shares. Pictet Asset Mgmt Ltd holds 0.44% or 1.59M shares in its portfolio. Andra Ap holds 31,900 shares or 0.09% of its portfolio.

Among 38 analysts covering Global Payments Inc. (NYSE:GPN), 31 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Global Payments Inc. has $150.0 highest and $11 lowest target. $114.45’s average target is -2.60% below currents $117.5 stock price. Global Payments Inc. had 129 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, April 7 with “Overweight”. The stock of Global Payments Inc. (NYSE:GPN) has “Buy” rating given on Thursday, March 1 by Cowen & Co. The stock has “Outperform” rating by RBC Capital Markets on Thursday, October 8. The firm has “Buy” rating given on Tuesday, February 27 by Stephens. The firm earned “Equal-Weight” rating on Thursday, November 9 by Morgan Stanley. The stock has “Buy” rating by Stifel Nicolaus on Thursday, June 1. The rating was maintained by Oppenheimer on Wednesday, July 29 with “Outperform”. The stock of Global Payments Inc. (NYSE:GPN) has “Buy” rating given on Thursday, February 15 by BMO Capital Markets. The company was maintained on Wednesday, October 11 by Barclays Capital. The firm has “Buy” rating given on Thursday, August 3 by Keefe Bruyette & Woods.

Navellier & Associates Inc increased Ishares Trust Dow Jones U.S. B (IYM) stake by 60,514 shares to 68,320 valued at $6.56M in 2018Q1. It also upped Sociedad Quimica Y Minera De C (NYSE:SQM) stake by 6,220 shares and now owns 122,777 shares. Ishares Msci Pacific Ex (EPP) was raised too.

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $26.94 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 12.15 P/E ratio. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal.

More important recent General Mills, Inc. (NYSE:GIS) news were published by: Seekingalpha.com which released: “General Mills: What Is A Good Price Point To Buy At?” on June 05, 2018, also Seekingalpha.com published article titled: “How General Mills Stacks Up To Kraft Heinz And Kellogg”, Fool.com published: “7 Great Reasons to Sell General Mills Stock” on May 24, 2018. More interesting news about General Mills, Inc. (NYSE:GIS) was released by: Bizjournals.com and their article: “Four Twin Cities executives make national list of influential leaders in corporate diversity” with publication date: June 13, 2018.

Investors sentiment decreased to 0.84 in 2018 Q1. Its down 0.05, from 0.89 in 2017Q4. It dived, as 93 investors sold General Mills, Inc. 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. The Florida-based Provise Management Limited Liability Corporation has invested 0.56% in General Mills, Inc. (NYSE:GIS). Oakworth owns 0.12% invested in General Mills, Inc. (NYSE:GIS) for 11,478 shares. Cleararc Capital owns 0.1% invested in General Mills, Inc. (NYSE:GIS) for 14,527 shares. Fuller & Thaler Asset Mngmt Inc has invested 0% in General Mills, Inc. (NYSE:GIS). Curbstone Finance Mgmt holds 13,120 shares. Barbara Oil holds 22,000 shares. Hap Trading Limited Liability Company owns 525,394 shares or 1.19% of their US portfolio. Prudential Public Ltd Company invested 0% in General Mills, Inc. (NYSE:GIS). Piedmont Inv Advisors Lc owns 96,332 shares or 0.12% of their US portfolio. Silvercrest Asset Management Group Inc Ltd Liability Corporation reported 0.27% stake. Tarbox Family Office reported 0% in General Mills, Inc. (NYSE:GIS). Architects has invested 0.11% in General Mills, Inc. (NYSE:GIS). Canada Pension Plan Invest Board has 122,215 shares. Ent Financial Ser invested in 0.3% or 12,968 shares. Glovista Invs Ltd Limited Liability Company holds 0.08% of its portfolio in General Mills, Inc. (NYSE:GIS) for 8,502 shares.

General Mills, Inc. (NYSE:GIS) Institutional Positions Chart

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