Stocks That Fell to 3-Year Lows in the Week of April 20

British American Tobacco PLC (BTI), Simon Property Group Inc. (SPG), General Mills Inc. (GIS), and Kellogg Co. (K) have declined to their respective three-year lows.

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Apr 22, 2018
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British American Tobacco PLC (BTI, Financial), Simon Property Group Inc. (SPG, Financial), General Mills Inc. (GIS, Financial), and Kellogg Co. (K, Financial) have declined to their three-year lows.

British American Tobacco PLC (BTI, Financial) declined to $51.77

The prices of British American Tobacco PLC (BTI, Financial) shares have declined to $51.77 on April 20, which is only 3.6% above the 3-year low of $49.91.

British American Tobacco PLC is a British international tobacco company that is the largest publicly traded tobacco company in the world. The company has a market leading position in over 50 countries and operations in 180 countries. Some of its largest selling brands are Dunhill, Lucky Strike, Kent, and Pall Mall.

British American Tobacco PLC has a market cap of $116.52 billion; its shares were traded around $51.77 with a P/E ratio of 1.95 and P/S ratio of 3.66. The trailing 12-month dividend yield of British American Tobacco PLC stocks is 3.88%. The forward dividend yield of British American Tobacco PLC stocks is 5.20%. British American Tobacco PLC had an annual average earnings growth of 13.90% over the past 10 years.

On April 6 British American Tobacco PLC announced that it will continue its commitment to launch tobacco heating and vapor products in Turin, Italy. With the launch, Italy will become the company’s first market in the world to offer its consumers both vapor and tobacco heating products.

Simon Property Group Inc. (SPG, Financial) declined to $147.25

The prices of Simon Property Group Inc. (SPG, Financial) shares have declined to $147.25 on April 20, which is only 0.1% above the 3-year low of $147.04.

Simon Property Group Inc. is an American international real estate company that is currently the largest real estate investment trust in the United States. It is also the largest shopping mall operator in the United States. The company operates from five retail real estate platforms, including regional malls, premium outlet centers, The Mills, community centers, and international properties.

Simon Property Group Inc. has a market cap of $45.66 billion; its shares were traded around $147.25 with a P/E ratio of 23.58 and P/S ratio of 8.27. The trailing 12-month dividend yield of Simon Property Group Inc. stocks is 5.00%. The forward dividend yield of Simon Property Group Inc. stocks is 5.19%. Simon Property Group Inc. had an annual average earnings growth of 4.20% over the past 10 years.

On March 20 Simon Property Group Inc. announced that Andrew Juster, executive vice president and CFO, will retire at the end of 2018. Juster has been working with Simon Property Group Inc. for nearly 30 years.

General Mills Inc. (GIS, Financial) declined to $43.41

The prices of General Mills Inc. (GIS, Financial) shares have declined to $43.41 on April 20, which is only 0.3% above the 3-year low of $43.28.

General Mills Inc. is an American international manufacturer and marketer of branded consumer foods sold through retail stores. The company markets many well-known North American brands such as Annie’s Homegrown, Betty Crocker, Yoplait, Colombo, and Totino’s. The company’s portfolio includes 89 other leading U.S. brands.

General Mills Inc. has a market cap of $24.75 billion; its shares were traded around $43.41 with a P/E ratio of 11.60 and P/S ratio of 1.62. The trailing 12-month dividend yield of General Mills Inc. stocks is 4.51%. The forward dividend yield of General Mills Inc. stocks is 4.45%. General Mills Inc. had an annual average earnings growth of 3.80% over the past 10 years.

On March 27 General Mills Inc. announced that it has priced an underwritten public offering of 22,727,273 shares of its common stock, par value $0.10 per share, at a public offering price of $44.00 per share. Furthermore, the company has granted the underwriters in the equity offering a 30-day option to purchase up to an additional 2,272,727 shares of its common stock. The equity offering is expected to close on April 2 and is subject to customary closing conditions.

Kellogg Co. (K, Financial) declined to $60.27

The prices of Kellogg Co. (K, Financial) shares have declined to $60.27 on April 20, which is only 2.5% above the 3-year low of $58.76.

Kellogg Co. is an American international food manufacturing company that focuses on producing cereal and convenience foods, including cookies, crackers, toaster pastries, cereal bars, fruit flavored snacks, frozen waffles, and vegetarian foods.

Kellogg Co. has a market cap of $20.89 billion; its shares were traded around $60.27 with a P/E ratio of 16.66 and P/S ratio of 1.64. The trailing 12-month dividend yield of Kellogg Co. stocks is 3.56%. The forward dividend yield of Kellogg Co. stocks is 3.47%.

On April 13 Kellogg Co. announced that it plans to issue its 2018 first quarter financial results on Thursday, May 3, 2018. The financial results will include the official press release, financial tables, GAAP reconciliations, and various presentation slides.

Disclosure: I do not own stock in any of the companies mentioned in the article.