Pettyjohn Wood & White Has Cut Honeywell Intl (HON) Stake by $462,825; Market Value Declined; Oxbow Advisors Cut Its General Mills (GIS) Stake by $3.97 Million as Share Value Declined

May 21, 2018 - By David King

Honeywell International Inc. (NYSE:HON) Logo

Oxbow Advisors Llc decreased its stake in General Mills Inc (GIS) by 81.58% based on its latest 2017Q4 regulatory filing with the SEC. Oxbow Advisors Llc sold 67,275 shares as the company’s stock declined 24.65% with the market. The institutional investor held 15,195 shares of the consumer non-durables company at the end of 2017Q4, valued at $901,000, down from 82,470 at the end of the previous reported quarter. Oxbow Advisors Llc who had been investing in General Mills Inc for a number of months, seems to be less bullish one the $24.74 billion market cap company. The stock decreased 0.22% or $0.09 during the last trading session, reaching $41.73. About 2.61M shares traded. General Mills, Inc. (NYSE:GIS) has declined 22.93% since May 21, 2017 and is downtrending. It has underperformed by 34.48% the S&P500.

Pettyjohn Wood & White Inc decreased its stake in Honeywell Intl Inc (HON) by 9.64% based on its latest 2017Q4 regulatory filing with the SEC. Pettyjohn Wood & White Inc sold 3,025 shares as the company’s stock declined 5.96% with the market. The institutional investor held 28,363 shares of the o.e.m. company at the end of 2017Q4, valued at $4.35 million, down from 31,388 at the end of the previous reported quarter. Pettyjohn Wood & White Inc who had been investing in Honeywell Intl Inc for a number of months, seems to be less bullish one the $112.28B market cap company. The stock increased 1.33% or $1.98 during the last trading session, reaching $150.32. About 1.01 million shares traded. Honeywell International Inc. (NYSE:HON) has risen 15.94% since May 21, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Since February 14, 2018, it had 0 buys, and 2 selling transactions for $874,731 activity. Deily Linnet F had sold 2,886 shares worth $426,291 on Wednesday, February 14.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 97 analyst reports since July 30, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $180.0 target in Thursday, December 14 report. The rating was maintained by RBC Capital Markets on Wednesday, December 13 with “Buy”. As per Friday, May 26, the company rating was maintained by RBC Capital Markets. The rating was maintained by Citigroup on Monday, April 25 with “Buy”. The stock of Honeywell International Inc. (NYSE:HON) earned “Buy” rating by RBC Capital Markets on Friday, June 30. The firm has “Hold” rating by Credit Suisse given on Friday, January 19. The stock of Honeywell International Inc. (NYSE:HON) earned “Buy” rating by RBC Capital Markets on Thursday, September 28. The stock has “Buy” rating by Robert W. Baird on Tuesday, February 20. Oppenheimer maintained Honeywell International Inc. (NYSE:HON) on Thursday, December 17 with “Outperform” rating. The rating was maintained by Cowen & Co with “Buy” on Tuesday, August 8.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on July, 20. They expect $2.00 earnings per share, up 11.11% or $0.20 from last year’s $1.8 per share. HON’s profit will be $1.49 billion for 18.79 P/E if the $2.00 EPS becomes a reality. After $1.95 actual earnings per share reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 2.56% EPS growth.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.03, from 1.14 in 2017Q3. It is negative, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Magnetar Fincl Lc, Illinois-based fund reported 1,683 shares. Columbia Asset Mgmt, Michigan-based fund reported 20,020 shares. Bremer Tru Association reported 6,980 shares. 2,384 are owned by Dynamic Mgmt Limited. Clifford Swan Counsel Limited Co accumulated 0.78% or 93,855 shares. Blair William And Il reported 0.1% stake. Sit Invest has 257,515 shares for 0.94% of their portfolio. Westpac Bk holds 0.84% or 240,182 shares. New Mexico Educational Retirement Board stated it has 73,236 shares. Advisory Lc stated it has 18,501 shares or 0.25% of all its holdings. Buffington Mohr Mcneal holds 0.62% of its portfolio in Honeywell International Inc. (NYSE:HON) for 10,609 shares. Mufg Americas holds 104,886 shares or 0.48% of its portfolio. Reilly Fincl Advisors Lc accumulated 13,604 shares. Hyman Charles D owns 28,170 shares. Oppenheimer Asset Mgmt, a New York-based fund reported 77,102 shares.

More news for Honeywell International Inc. (NYSE:HON) were recently published by: Seekingalpha.com, which released: “Honeywell’s Free Cash Flow Is Amazing” on April 23, 2018. Forbes.com‘s article titled: “How Did Honeywell Perform In Q1?” and published on April 23, 2018 is yet another important article.

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

Investors sentiment increased to 0.89 in 2017 Q4. Its up 0.05, from 0.84 in 2017Q3. It improved, as 56 investors sold GIS shares while 388 reduced holdings. 107 funds opened positions while 288 raised stakes. 405.24 million shares or 0.97% more from 401.33 million shares in 2017Q3 were reported. Louisiana State Employees Retirement System owns 34,400 shares. Bell Bank has 32,159 shares for 0.54% of their portfolio. Stifel Corp holds 1.68M shares or 0.31% of its portfolio. Tocqueville Asset Mngmt LP reported 15,099 shares. Haverford Trust stated it has 0.02% in General Mills, Inc. (NYSE:GIS). 67,267 are held by Petrus Lta. Usca Ria Ltd holds 0.22% or 34,336 shares in its portfolio. Stone Ridge Asset Management Ltd Llc has invested 0.18% in General Mills, Inc. (NYSE:GIS). First Trust Advisors LP accumulated 0.13% or 926,704 shares. Moreover, Dodge And Cox has 0% invested in General Mills, Inc. (NYSE:GIS). Archford Capital Strategies Ltd Co invested 0.35% in General Mills, Inc. (NYSE:GIS). Bluecrest Capital Mgmt Ltd invested 0.01% in General Mills, Inc. (NYSE:GIS). Brown Advisory invested in 53,892 shares or 0.01% of the stock. First Personal Ser holds 0% or 120 shares in its portfolio. Brookfield Asset holds 0.04% of its portfolio in General Mills, Inc. (NYSE:GIS) for 143,496 shares.

More notable recent General Mills, Inc. (NYSE:GIS) news were published by: Streetinsider.com which released: “General Mills (GIS), Related Names Trade Lower in Sympathy with Campbell Soup (CPB) Following 12% Drop” on May 18, 2018, also Bizjournals.com with their article: “Berko: General Mills’ turnaround worth an investment (plus you get a holiday gift box)” published on May 17, 2018, Seekingalpha.com published: “Packaged food stocks follow Campbell Soup lower” on May 18, 2018. More interesting news about General Mills, Inc. (NYSE:GIS) were released by: Seekingalpha.com and their article: “General Mills: Valuation Too Low To Ignore” published on May 13, 2018 as well as Investorplace.com‘s news article titled: “7 ‘Blue-Chip Stocks’ That Aren’t Blue Chips at All” with publication date: May 21, 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. had 85 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. The company was maintained on Thursday, March 22 by Stifel Nicolaus. The rating was maintained by Susquehanna with “Hold” on Tuesday, May 30. The firm earned “Hold” rating on Wednesday, February 21 by Credit Suisse. Piper Jaffray maintained General Mills, Inc. (NYSE:GIS) on Monday, August 7 with “Sell” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, December 15. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, March 22. The company was maintained on Thursday, September 22 by UBS. The stock has “Hold” rating by Credit Suisse on Wednesday, March 28. Piper Jaffray maintained the stock with “Sell” rating in Wednesday, September 20 report.

Analysts await General Mills, Inc. (NYSE:GIS) to report earnings on June, 27. They expect $0.75 EPS, up 2.74% or $0.02 from last year’s $0.73 per share. GIS’s profit will be $444.66M for 13.91 P/E if the $0.75 EPS becomes a reality. After $0.79 actual EPS reported by General Mills, Inc. for the previous quarter, Wall Street now forecasts -5.06% negative EPS growth.

General Mills, Inc. (NYSE:GIS) Institutional Positions Chart

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