General Mills, Inc. (GIS) EPS Estimated At $0.75; Mge Energy (MGEE) Sellers Decreased By 6.44% Their Shorts

June 22, 2018 - By Nellie Frank

MGE Energy, Inc. (NASDAQ:MGEE) Logo

Mge Energy Inc (NASDAQ:MGEE) had a decrease of 6.44% in short interest. MGEE’s SI was 422,500 shares in June as released by FINRA. Its down 6.44% from 451,600 shares previously. With 141,500 avg volume, 3 days are for Mge Energy Inc (NASDAQ:MGEE)’s short sellers to cover MGEE’s short positions. The SI to Mge Energy Inc’s float is 1.22%. The stock increased 0.08% or $0.05 during the last trading session, reaching $60.9. About 38,688 shares traded. MGE Energy, Inc. (NASDAQ:MGEE) has declined 9.31% since June 22, 2017 and is downtrending. It has underperformed by 21.88% the S&P500. Some Historical MGEE News: 17/04/2018 – DEEP ECO: MGE Energy May Benefit, Electric Power Up This Quarter; 20/04/2018 – DJ MGE Energy Inc, Inst Holders, 1Q 2018 (MGEE); 08/05/2018 – MGE ENERGY INC QTRLY OPERATING REVENUE OF $157.6 MLN VS $156.8 MLN; 08/05/2018 – MGE Energy 1Q Rev $157.6M; 15/05/2018 – MGE Energy Declares Regular Dividend; 16/03/2018 DEEP ECO: MGE Energy May Benefit, Industry Best in 22.5 Yrs; 26/04/2018 – CALPERS SAYS ENCOURAGE MGE ENERGY SHAREOWNERS TO SUPPORT SHAREHOLDER PROPOSAL #5 REQUESTING IMPROVED CLIMATE RISK REPORTING – SEC FILING; 17/05/2018 – MGE Energy Issues May 2018 ‘Inside View’; 16/05/2018 – DEEP ECO: MGE Energy May Face Pressure, Industry Falls in April; 08/05/2018 – MGE Energy 1Q EPS 58c

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 $444.66 million giving it 14.99 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 0.22% or $0.1 during the last trading session, reaching $44.97. About 3.88 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 24.97% since June 22, 2017 and is downtrending. It has underperformed by 37.54% the S&P500. Some Historical GIS News: 21/03/2018 – GENERAL MILLS INC – ACTIONS INCLUDE, TARGETED STRATEGIC REVENUE MANAGEMENT ACTIONS TO IMPROVE NET PRICE REALIZATION; 21/03/2018 – GENERAL MILLS INC – CONSTANT-CURRENCY TOTAL SEGMENT OPERATING PROFIT IS NOW EXPECTED TO DECLINE 5 TO 6 PERCENT IN FISCAL 2018; 21/03/2018 – General Mills Blue Buffalo Acquisition Remains on Track to Close in FY18 4th Quarter; 03/04/2018 – Moody’s Assigns Baa2 To Approximately $6.1 Billion Of General Mills Acquisition Bonds; 21/03/2018 – General Mills Sees Fy Organic Sales in Line With Last Year; 24/05/2018 – General Mills at Royal Bank of Canada Conference May 31; 24/04/2018 – General Mills: Blue Buffalo Will Be Incorporated Into General Mills Fincl Results in Fiscal 2019; 19/03/2018 – General Mills: Continues to Expect Blue Buffalo Deal to Close by May; 03/04/2018 – GENERAL MILLS INC FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL SIX-PART NOTES OFFERING – SEC FILING; 09/05/2018 – Kraft Heinz seeks buzz for big brands as rivals’ valuations come down

General Mills, Inc. manufactures and markets branded consumer foods in the United States. The company has market cap of $26.66 billion. The firm operates in four divisions: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. It has a 12.03 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.

Since January 9, 2018, it had 1 insider purchase, and 1 insider sale for $264,350 activity. Another trade for 8,712 shares valued at $517,458 was sold by Quam Bethany C.. $253,108 worth of General Mills, Inc. (NYSE:GIS) shares were bought by HARMENING JEFFREY L.

More important recent General Mills, Inc. (NYSE:GIS) news were published by: Seekingalpha.com which released: “Susquehanna weighs in on General Mills” on June 21, 2018, also Seekingalpha.com published article titled: “General Mills: What Is A Good Price Point To Buy At?”, Bizjournals.com published: “General Mills invests in GoodBellly Probiotics parent” on June 21, 2018. More interesting news about General Mills, Inc. (NYSE:GIS) was released by: Benzinga.com and their article: “General Mills’ 30% Upside Looks Appetizing” with publication date: May 24, 2018.

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. has $73 highest and $44.0 lowest target. $52.95’s average target is 17.75% above currents $44.97 stock price. General Mills Inc. had 85 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $52.0 target in Thursday, March 22 report. The rating was downgraded by RBC Capital Markets on Thursday, December 15 to “Sector Perform”. As per Thursday, March 23, the company rating was maintained by Argus Research. On Wednesday, January 3 the stock rating was upgraded by PiperJaffray to “Neutral”. As per Thursday, March 24, the company rating was maintained by Goldman Sachs. On Monday, October 23 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of General Mills, Inc. (NYSE:GIS) earned “Hold” rating by Credit Suisse on Thursday, December 21. The firm has “Underperform” rating given on Tuesday, September 20 by Consumer Edge. The stock of General Mills, Inc. (NYSE:GIS) has “Equal-Weight” rating given on Thursday, September 21 by Morgan Stanley. The stock of General Mills, Inc. (NYSE:GIS) has “Neutral” rating given on Tuesday, December 1 by Goldman Sachs.

Investors sentiment decreased to 0.84 in Q1 2018. Its down 0.05, from 0.89 in 2017Q4. It turned negative, 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. Boothbay Fund Mngmt Ltd Liability Co holds 0.05% or 9,050 shares in its portfolio. Hartford Management Incorporated owns 380 shares for 0.01% of their portfolio. Zeke Cap Ltd Limited Liability Company invested in 29,864 shares or 0.12% of the stock. State Of Alaska Department Of Revenue holds 0.11% or 122,369 shares in its portfolio. Wagner Bowman Management Corporation holds 0.09% or 7,629 shares in its portfolio. Perkins Coie Tru stated it has 0.02% in General Mills, Inc. (NYSE:GIS). Stone Ridge Asset Ltd Liability Company invested 0.14% of its portfolio in General Mills, Inc. (NYSE:GIS). Prentiss Smith & Incorporated holds 0.01% or 512 shares in its portfolio. Moreover, Hanson & Doremus Mngmt has 0.03% invested in General Mills, Inc. (NYSE:GIS) for 1,866 shares. Regent Investment Mngmt Ltd owns 17,780 shares. West Oak Cap holds 0% of its portfolio in General Mills, Inc. (NYSE:GIS) for 22,390 shares. Baskin Financial Serv Inc accumulated 4,015 shares. Bankshares Of America Corporation De invested in 0.07% or 9.23 million shares. Ontario Teachers Pension Plan Board holds 756,480 shares or 0.51% of its portfolio. State Board Of Administration Of Florida Retirement Systems holds 809,474 shares or 0.1% of its portfolio.

Investors sentiment decreased to 1.06 in 2018 Q1. Its down 0.02, from 1.08 in 2017Q4. It dropped, as 8 investors sold MGE Energy, Inc. shares while 43 reduced holdings. 14 funds opened positions while 40 raised stakes. 13.62 million shares or 1.24% more from 13.45 million shares in 2017Q4 were reported. Pub Employees Retirement System Of Ohio accumulated 4,045 shares. Barclays Public Ltd reported 0% stake. Bessemer Gru has 6,000 shares for 0% of their portfolio. Acadian Asset Mgmt Ltd Liability Company reported 686 shares. Ls Advsrs Limited Company reported 0% of its portfolio in MGE Energy, Inc. (NASDAQ:MGEE). Weiss Asset Mgmt L P accumulated 3,600 shares. Aperio Grp Limited Liability Co holds 30,878 shares or 0.01% of its portfolio. Johnson Gp Inc owns 0.1% invested in MGE Energy, Inc. (NASDAQ:MGEE) for 14,709 shares. Alliancebernstein L P has 46,470 shares. Oarsman Cap Inc has 31,682 shares for 0.81% of their portfolio. Dimensional Fund Advisors Ltd Partnership reported 902,538 shares. Great West Life Assurance Can, Manitoba – Canada-based fund reported 4,699 shares. Macquarie Group Limited has invested 0% in MGE Energy, Inc. (NASDAQ:MGEE). Ameritas Prtnrs accumulated 3,021 shares. Hennessy Advsrs Incorporated reported 0.08% in MGE Energy, Inc. (NASDAQ:MGEE).

More news for MGE Energy, Inc. (NASDAQ:MGEE) were recently published by: Nasdaq.com, which released: “New Research: Key Drivers of Growth for Illinois Tool Works, Aircastle, TriState Capital, Blueprint Medicines, MGE …” on June 21, 2018. Businesswire.com‘s article titled: “MGE Energy Issues June 2018 ‘Interim Report'” and published on June 15, 2018 is yet another important article.

MGE Energy, Inc. (NASDAQ:MGEE) Institutional Positions Chart

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