Several other institutional investors have also recently added to or reduced their stakes in GD. Vanguard Group Inc. boosted its position in shares of General Dynamics Corporation by 1.9% in the second quarter.
General Dynamics Corporation's sales for the past 5 years rolls at -0.80%, exhibiting an EPS growth from quarter-to-quarter at 6.60%. Signaturefd LLC now owns 818 shares of the company's stock worth $114,000 after buying an additional 44 shares during the last quarter. Capital Research Global Investors raised its stake in shares of General Dynamics Corporation by 4.5% during the second quarter.
Becker Capital Management Inc decreased Davita Inc (NYSE:DVA) stake by 32,450 shares to 558,760 valued at $36.19 million in 2017Q2. BlackRock Inc. now owns 16,338,831 shares of the aerospace company's stock worth $3,236,720,000 after buying an additional 829,487 shares during the period.
Korea Invest holds 0.25% in General Dynamics Corporation (NYSE:GD) or 266,203 shares. Janus Capital Management LLC now owns 4,148,390 shares of the aerospace company's stock worth $776,563,000 after buying an additional 749,793 shares during the period. Institutional investors and hedge funds own 82.31% of the company's stock.
Amid the topmost stocks in today's market is General Dynamics Corporation (NYSE:GD).
TRADEMARK VIOLATION WARNING: "Foundry Partners LLC Has $7.47 Million Holdings in General Dynamics Corporation (NYSE:GD)" was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. American International Group Inc claims 101,398 shares worth $20,845,000. General Dynamics Corporation had 58 analyst reports since July 31, 2015 according to SRatingsIntel. Cowen and Company reiterated a "buy" rating and set a $210.00 target price on shares of General Dynamics Corporation in a research report on Monday, July 17th.
On October 26 Cowen and Company made no change to the company rating of "Buy" projecting a price of $230.00. 1St Source Bank holds 0.42% of its portfolio in General Dynamics Corporation (NYSE:GD) for 24,516 shares. Finally, Vetr cut shares of General Dynamics Corp. from a "strong-buy" rating to a "buy" rating and set a $168.30 target price for the company.in a research note on Monday, October 24th. RBC Capital Markets maintained General Dynamics Corporation (NYSE:GD) rating on Friday, August 11. Zacks Investment Research downgraded shares of General Dynamics Corporation from a "buy" rating to a "hold" rating in a research report on Friday, July 28th. On October 9 Citigroup held the company rating at "Neutral" targeting a price of $215.00. The total value of its holdings increased 5.7%. Following the sale, the insider now owns 144,378 shares of the company's stock, valued at approximately $29,074,841.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Gregory S. Gallopoulos sold 78,370 shares of General Dynamics Corporation stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $202.93, for a total value of $15,903,624.10. The disclosure for this sale can be found here.
Shares of General Dynamics Corporation (GD) opened at $199.34 on Tuesday. Utd Fire Incorporated has invested 0.35% in General Dynamics Corporation (NYSE:GD). Klingenstein Fields Commerce Ltd Liability Company reported 0.04% stake. The company has a market cap of $8,960.00, a P/E ratio of 14.66, a PEG ratio of 1.16 and a beta of 1.40. (NYSE:GD) last released its earnings results on Wednesday, October 26th. The aerospace company reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.43 by $0.09.
General Dynamics Corp. had a return on equity of 27.68% and a net margin of 9.45%. The company had revenue of $7.58 billion for the quarter, compared to analysts' expectations of $7.94 billion. Short interest fell from 2,494,802 to 2,260,989 over that period. Carroll Financial Associates Inc. now owns 1,283 shares of the company's stock worth $178,000 after buying an additional 40 shares during the last quarter.
General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions and information technology (IT) services, and shipbuilding. The Company offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; information technology (IT) services and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions, and shipbuilding and ship fix.