Fiduciary Management Holding in Accenture Plc. (ACN) Cut as Market Valuation Declined; Altavista Wealth Management Position in General Mills (GIS) Has Decreased as Stock Value Declined

February 23, 2018 - By Lawrence Diaz

Fiduciary Management Inc decreased its stake in Accenture Plc. (ACN) by 3.32% based on its latest 2017Q3 regulatory filing with the SEC. Fiduciary Management Inc sold 233,322 shares as the company’s stock declined 0.21% while stock markets rallied. The institutional investor held 6.80M shares of the business services company at the end of 2017Q3, valued at $918.73M, down from 7.04 million at the end of the previous reported quarter. Fiduciary Management Inc who had been investing in Accenture Plc. for a number of months, seems to be less bullish one the $99.78B market cap company. The stock increased 0.93% or $1.49 during the last trading session, reaching $161.81. About 607,596 shares traded. Accenture plc (NYSE:ACN) has risen 4.27% since February 23, 2017 and is uptrending. It has underperformed by 12.43% the S&P500.

Altavista Wealth Management Inc decreased its stake in General Mills Inc (GIS) by 47.26% based on its latest 2017Q3 regulatory filing with the SEC. Altavista Wealth Management Inc sold 17,042 shares as the company’s stock declined 5.07% while stock markets rallied. The institutional investor held 19,015 shares of the consumer non-durables company at the end of 2017Q3, valued at $984,000, down from 36,057 at the end of the previous reported quarter. Altavista Wealth Management Inc who had been investing in General Mills Inc for a number of months, seems to be less bullish one the $30.13B market cap company. The stock decreased 3.64% or $2 during the last trading session, reaching $52.95. About 7.79M shares traded or 105.39% up from the average. General Mills, Inc. (NYSE:GIS) has declined 10.63% since February 23, 2017 and is downtrending. It has underperformed by 27.33% the S&P500.

Among 23 analysts covering General Mills Inc. (NYSE:GIS), 3 have Buy rating, 4 Sell and 16 Hold. Therefore 13% are positive. General Mills Inc. had 68 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Monday, August 7 with “Sell”. The stock has “Hold” rating by BMO Capital Markets on Wednesday, September 6. BMO Capital Markets maintained General Mills, Inc. (NYSE:GIS) on Wednesday, June 28 with “Hold” rating. The firm has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. The stock of General Mills, Inc. (NYSE:GIS) earned “Hold” rating by BMO Capital Markets on Wednesday, June 14. The stock of General Mills, Inc. (NYSE:GIS) has “Neutral” rating given on Thursday, March 24 by Goldman Sachs. The stock of General Mills, Inc. (NYSE:GIS) earned “Neutral” rating by JP Morgan on Thursday, March 24. The stock of General Mills, Inc. (NYSE:GIS) earned “Sell” rating by Goldman Sachs on Tuesday, May 24. BMO Capital Markets maintained General Mills, Inc. (NYSE:GIS) on Thursday, September 21 with “Market Perform” rating. The company was maintained on Wednesday, December 21 by Barclays Capital.

Analysts await General Mills, Inc. (NYSE:GIS) to report earnings on March, 20. They expect $0.77 EPS, up 6.94% or $0.05 from last year’s $0.72 per share. GIS’s profit will be $438.17 million for 17.19 P/E if the $0.77 EPS becomes a reality. After $0.82 actual EPS reported by General Mills, Inc. for the previous quarter, Wall Street now forecasts -6.10% negative EPS growth.

Since January 9, 2018, it had 0 insider purchases, and 1 insider sale for $517,458 activity.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.16, from 1 in 2017Q2. It dropped, as 81 investors sold GIS shares while 366 reduced holdings. 62 funds opened positions while 314 raised stakes. 401.33 million shares or 2.97% more from 389.74 million shares in 2017Q2 were reported. Evercore Wealth Management holds 27,401 shares or 0.06% of its portfolio. Greatmark Investment Ptnrs owns 33,806 shares or 0.67% of their US portfolio. Public Employees Retirement Of Ohio accumulated 423,561 shares. Keybank National Association Oh stated it has 206,845 shares or 0.06% of all its holdings. King Wealth Mgmt Grp Inc Limited Liability Company stated it has 12,534 shares or 0.24% of all its holdings. Fiduciary Trust Co holds 166,090 shares or 0.26% of its portfolio. Kanawha Cap Mngmt Limited Liability Company has invested 0.05% in General Mills, Inc. (NYSE:GIS). Roof Eidam And Maycock Adv holds 29,740 shares. 48 were accumulated by Catalyst Capital Advsrs Ltd Limited Liability Company. Palo Inc has invested 0.73% in General Mills, Inc. (NYSE:GIS). Mairs And Power holds 2.12% of its portfolio in General Mills, Inc. (NYSE:GIS) for 3.42M shares. Brown Advisory Inc holds 53,739 shares or 0.01% of its portfolio. Tower Bridge Advsrs reported 0.2% stake. 24,471 are held by Interocean Capital Ltd Company. Wellington Shields & Co Ltd Liability Co has invested 0.22% in General Mills, Inc. (NYSE:GIS).

Fiduciary Management Inc, which manages about $20.63B and $16.90 billion US Long portfolio, upped its stake in Esterline Technologies (NYSE:ESL) by 64,608 shares to 1.04 million shares, valued at $93.54 million in 2017Q3, according to the filing. It also increased its holding in Armstrong World Ind. (NYSE:AWI) by 190,895 shares in the quarter, for a total of 2.07M shares, and has risen its stake in White Mountains Ins. (NYSE:WTM).

Investors sentiment decreased to 1 in Q3 2017. Its down 0.05, from 1.05 in 2017Q2. It dropped, as 40 investors sold ACN shares while 370 reduced holdings. 97 funds opened positions while 315 raised stakes. 461.53 million shares or 1.06% less from 466.45 million shares in 2017Q2 were reported. State Of New Jersey Common Pension Fund D has 0.1% invested in Accenture plc (NYSE:ACN) for 193,600 shares. Waters Parkerson Ltd Company holds 2.88% or 241,879 shares. Moreover, Keating Invest Counselors Inc has 0.66% invested in Accenture plc (NYSE:ACN). Neuberger Berman Gru Limited stated it has 0.2% of its portfolio in Accenture plc (NYSE:ACN). Burt Wealth Advsrs has 1,050 shares. Eaton Vance reported 0.33% stake. Weatherly Asset Limited Partnership holds 5,366 shares or 0.19% of its portfolio. Old Natl Bank In reported 16,996 shares. Bancorpsouth invested in 0.07% or 4,954 shares. Pacad Investment Ltd invested 0.77% in Accenture plc (NYSE:ACN). 17,416 are held by Bridges. Great Lakes Advsr Lc reported 44,425 shares stake. Waldron LP accumulated 3,928 shares. At National Bank & Trust holds 0.02% or 1,481 shares in its portfolio. D E Shaw stated it has 0.01% of its portfolio in Accenture plc (NYSE:ACN).

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