General Dynamics Corp (GD) Ownership Decreased by Vaughan David Investments Inc/il

Brunilde Fioravanti
Novembre 14, 2017

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. (NYSE:GD) by 1.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. now owns 20,176,505 shares of the aerospace company's stock worth $3,996,966,000 after acquiring an additional 376,688 shares during the last quarter. Capital Research Global Investors lifted its position in General Dynamics Corporation by 4.5% during the second quarter. Captrust Financial Advisors acquired a new stake in General Dynamics Corporation during the 2nd quarter valued at approximately $129,000.

Becker Capital Management Inc decreased Davita Inc (NYSE:DVA) stake by 32,450 shares to 558,760 valued at $36.19 million in 2017Q2. Amalgamated Bank bolstered its stake by buying 549 shares an increase of 1.8%. Signaturefd LLC now owns 818 shares of the company's stock worth $114,000 after buying an additional 44 shares during the last quarter. Global X MANAGEMENT CO LLC increased its holdings in shares of Steel Dynamics by 21.3% in the 3rd quarter. The value of the investment in (GD) went from $21,396,000 to $20,845,000 a change of $551,000 quarter over quarter.

General Dynamics Corporation (NYSE:GD) last posted its earnings results on Wednesday, October 25th. The total value of its holdings increased 5.7%. Following the completion of the transaction, the insider now owns 144,378 shares in the company, valued at $29,074,841.64. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Gregory S. Gallopoulos sold 78,370 shares of General Dynamics Corporation stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $154.56, for a total value of $636,323.52. The disclosure for this sale can be found here. Alyeska Inv Gp Lp invested in 381,999 shares or 0.68% of the stock. Jefferies maintained General Dynamics Corporation (NYSE:GD) rating on Friday, July 7.

Company's existing stock price is at $199.77 with a change in price of 0.45%. 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.

The EPS for General Dynamics Corporation is valued at 10.07 with an EPS growth this year at 8.70%. As of the last earnings report the EPS was $10.07 with 298.58M shares presently outstanding. General Dynamics Corp. The company earned $7.73 billion during the quarter, compared to the consensus estimate of $7.91 billion. General Dynamics Corporation had a return on equity of 27.98% and a net margin of 9.94%.

Korea Invest holds 0.25% in General Dynamics Corporation (NYSE:GD) or 266,203 shares.

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Several equities analysts recently weighed in on GD shares.

On October 26 Jefferies Group LLC kept the stock rating at "Buy" projecting a price of $236.00. Finally, BidaskClub upgraded General Dynamics Corporation from a "hold" rating to a "buy" rating in a research note on Tuesday, August 8th. Citigroup Inc. reduced their price objective on Steel Dynamics from $43.00 to $41.00 and set a "buy" rating for the company in a research report on Friday, September 15th. Finally, Stifel Nicolaus boosted their price target on shares of General Dynamics Corporation from $200.00 to $210.00 and gave the stock a "hold" rating in a research report on Thursday, October 26th. 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. 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.

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.

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