Alps Advisors Inc. increased its stake in General Mills (NYSE:GIS) by 10.8% in the third quarter, purchasing 48,815 additional shares to bring its total holding to 501,189 shares valued at $25.27 million. Other institutional investors also adjusted their positions, with General Mills maintaining 75.71% institutional ownership. The company reported strong quarterly earnings, beating analyst estimates, and currently offers a quarterly dividend of $0.61, yielding about 5.1%.
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Alps Advisors Inc. Buys 48,815 Shares of General Mills, Inc. $GIS
Alps Advisors Inc. increased its stake in General Mills (NYSE:GIS) by 10.8% in the third quarter, purchasing 48,815 additional shares to bring its total holding to 501,189 shares valued at $25.27 million. Other institutional investors also adjusted their positions, with General Mills maintaining 75.71% institutional ownership. The company reported strong quarterly earnings, beating analyst estimates, and currently offers a quarterly dividend of $0.61, yielding about 5.1%.