The shares of General Mills, Inc. (NYSE:GIS) has been pegged with a rating of Equal-Weight by Morgan Stanley in its latest research note that was published on September 17th, 2018. The research company has also assigned a $48 price target. Morgan Stanley wasn’t the only research firm that published a report of General Mills, Inc., with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on May 16th, 2018, to Neutral the GIS stock while also putting a $47 price target. The stock had earned Neutral rating from Piper Jaffray when it published its report on March 28th, 2018. That day the Piper Jaffray set price target on the stock to $47. The stock was given Positive rating by Susquehanna in its report released on March 23rd, 2018. Societe Generale was of a view that GIS is Hold in its latest report on March 22nd, 2018. Stifel thinks that GIS is worth Hold rating. This was contained in the firm’s report on March 22nd, 2018 in which the stock’s price target was also moved to $48.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 14 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $47.83. The price of the stock the last time has dropped by -1.19% from its Week high price while it is dropped higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 27.78.
The shares of the company dipped by -1.34% during the trading session on Thursday, reaching a low of $39.32 while ending the day at $39.73. During the trading session, a total of 12.05 million shares were traded which represents a -139.61% decline from the average session volume which is 5.03M shares. GIS had ended its last session trading at 40.27. General Mills, Inc. currently has a market cap of $23.63B, while its P/E ratio stands at 14.68, while its P/E earnings growth sits at 1.47, with a beta of 0.62. General Mills, Inc. debt-to-equity ratio currently stands at 2.51, while its quick ratio hovers at 0.30. GIS 52-week low price stands at $40.21 while its 52-week high price is $60.69.
The company in its last quarterly report recorded $0.71 earnings per share which is above the $0.64 predicted by most analysts. The General Mills, Inc. generated $4,094.00 million in revenue during the last quarter, which is slightly lower than the $4,117.30 million predicted by analysts. In the second quarter last year, the firm recorded $0.79 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -11.27%. General Mills, Inc. has the potential to record 2.71 EPS for the current fiscal year, according to equities analysts.
Goldman also rated FOX as Upgrade on May 16th, 2018, with its price target of $459 suggesting that FOX could surge by 4.41% from its current share price. Even though the stock has been trading at $48.92/share, analysts expect it to surge higher by 0.63% to reach $51.50/share. It started the day trading at $49.24 and traded between $48.68 and $49.23 throughout the trading session.
A look at its technical shows that FOX’s 50-day SMA is 46.64 while its 200-day SMA stands at 42.53. The stock has a high of $49.65 for the year while the low is $32.02. The company’s P/E ratio currently sits at 18.71, while the P/B ratio is 4.41. The company’s average trading volume currently stands at 4.58M shares, which means that the short-interest ratio is just 1.97 days. Over the past seven days, the company moved, with its shift of -0.04%. Looking further, the stock has raised 9.69% over the past 90 days while it gained 25.49% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. T Rowe Price Associates Inc sold more FOX shares, decreasing its portfolio by -7.06% during the last quarter. This move now sees T Rowe Price Associates Inc selling -2,532,481 shares in the last quarter, thus it now holds 33,348,132 shares of FOX, with a total valuation of $1,506,668,604. The Vanguard Group Inc meanwhile bought more FOX shares in the recently filed quarter, changing its stake to $1,473,385,898 worth of shares. Eagle Capital Management LLC followed the path by increasing its FOX portfolio by +3.52% in the quarter. This means that Eagle Capital Management LLC bought 805,014 shares in the last quarter and now controls 23,664,877 shares of the FOX stock, with the valuation hitting $1,069,179,143.
Similarly, Yacktman Asset Management LP increased its Twenty-First Century Fox, Inc. shares by +0.31% during the recently filed quarter. After buying 64,791 shares in the last quarter, the firm now controls 21,281,413 shares of Twenty-First Century Fox, Inc. which are valued at $961,494,239. In the same vein, BlackRock Fund Advisors increased its Twenty-First Century Fox, Inc. shares by during the most recent reported quarter. The firm bought 1,349,962 shares during the quarter which increased its stakes to 19,942,423 shares and is now valued at $900,998,671. Following these latest developments, around 38.94% of Twenty-First Century Fox, Inc. stocks are owned by institutional investors and hedge funds.