Lion Street Advisors LLC significantly increased its stake in General Mills (NYSE:GIS) by 51.1% in the third quarter, making it their largest holding. While several institutional investors have adjusted their positions, analyst sentiment is mixed, with some firms lowering price targets due to concerns about growth prospects and a “challenging backdrop” despite positive views on the company’s brand strength and dividend. Insider selling by Paul Joseph Gallagher was also noted, reducing his ownership by 3%.
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Lion Street Advisors LLC Raises Position in General Mills, Inc. $GIS
Lion Street Advisors LLC significantly increased its stake in General Mills (NYSE:GIS) by 51.1% in the third quarter, making it their largest holding. While several institutional investors have adjusted their positions, analyst sentiment is mixed, with some firms lowering price targets due to concerns about growth prospects and a “challenging backdrop” despite positive views on the company’s brand strength and dividend. Insider selling by Paul Joseph Gallagher was also noted, reducing his ownership by 3%.