General Dynamics (NYSE:GD) Research Coverage Started at Barclays

Marco Green
April 24, 2018

It has outperformed by 32.80% the S&P500. The institutional investor held 14,855 shares of the marine transportation company at the end of 2017Q4, valued at $3.02M, down from 16,510 at the end of the previous reported quarter. Aristotle Capital Management Llc who had been investing in General Dynamics Corp for a number of months, seems to be bullish on the $66.50 billion market cap company.

The stock has a beta of 0.83 compared to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a whole.

Tide Point Capital Management Lp manages about $378.20 million and $1.47B US Long portfolio. General Dynamics Corporation (NYSE:GD) has risen 19.18% since April 23, 2017 and is uptrending. GD outperformed by 7.63% the S&P500.

Aperio Group LLC now owns 144,488 shares of the aerospace company's stock valued at $22,419,000 after buying an additional 8,673 shares during the last quarter. Also, VP Gary L. Whited sold 5,977 shares of the company's stock in a transaction on Tuesday, March 6th. Tt Intl holds 0.2% of its portfolio in General Dynamics Corporation (NYSE:GD) for 6,722 shares. CASEY JOHN PATRICK sold $2.00 million worth of stock. General Dynamics Corporation is a part of Industrial Goods sector and belongs to Aerospace/Defense Products & Services industry. During the same period previous year, the firm posted $2.08 earnings per share. WIRE's profit will be $14.38 million for 20.33 P/E if the $0.69 EPS becomes a reality. JPMorgan Chase cut shares of General Dynamics from a neutral rating to an underweight rating and decreased their target price for the stock from $225.00 to $215.00 in a research report on Tuesday, December 12th. Jefferies Group reaffirmed a "buy" rating and set a $237.00 price objective on shares of General Dynamics in a research report on Monday, January 8th. Therefore 64% are positive. General Dynamics's revenue for the quarter was up 8.1% on a year-over-year basis. equities analysts expect that General Dynamics will post 11.03 EPS for the current fiscal year. J.P. Morgan downgraded General Dynamics Corporation (NYSE:GD) rating on Tuesday, December 12. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company's stock. The rating was maintained by Oppenheimer on Monday, July 24 with "Hold". As per Thursday, April 12, the company rating was maintained by Morgan Stanley. The stock of General Electric Company (NYSE:GE) has "Market Perform" rating given on Monday, April 4 by Bernstein. RBC Capital Markets initiated General Dynamics Corporation (NYSE:GD) on Thursday, January 12 with "Outperform" rating. The stock of General Dynamics Corporation (NYSE:GD) earned "Buy" rating by Jefferies on Wednesday, October 25. As per Monday, July 17, the company rating was maintained by Oppenheimer. As per Friday, October 13, the company rating was maintained by Jefferies.

Investors sentiment decreased to 1.07 in 2017 Q4. Its up 0.10, from 1 in 2017Q3. 43 investors sold all, 328 reduced holdings as GD ratio worsened.

Several hedge funds have recently made changes to their positions in the company. Funds hold 229.66 million shares thus 10.22% less from 2017Q3's 255.81 million shares. Lvm Cap Mgmt Ltd Mi holds 1,075 shares. Price T Rowe Md stated it has 0.02% of its portfolio in General Dynamics Corporation (NYSE:GD). Tributary Cap Llc invested in 258,968 shares. Crossvault Capital Management Ltd Liability holds 0.14% of its portfolio in General Dynamics Corporation (NYSE:GD) for 1,294 shares. RBC Capital Markets maintained the shares of GD in report on Thursday, July 30 with "Outperform" rating.

Jones Collombin Investment Counsel Inc decreased its stake in General Dynamics Corp (GD) by 10.02% based on its latest 2017Q4 regulatory filing with the SEC. Marshwinds Advisory reported 1.35% of its portfolio in General Dynamics Corporation (NYSE:GD). Its down 0.01, from 1.08 in 2017Q3. Pittenger And Anderson reported 25,131 shares. Lmr Prns Ltd Liability Partnership has 3,727 shs for 0.08% of their capital. Shareholders of record on Friday, April 13th will be given a dividend of $0.93 per share. Tower Rech Ltd (Trc) stated it has 4,188 shs or 0.11% of all its holdings. Da Davidson has 0.01% invested in General Dynamics Corporation (NYSE:GD) for 3,371 shares. A rating of 4 or 5 would specify a mean Sell opinion. Therefore 67% are positive. 58% are bullish. 23 are the (NYSE:GD)'s analyst reports since October 23, 2017 according to StockzIntelligence Inc. The rating was maintained by Stifel Nicolaus with "Hold" on Thursday, April 27. The firm has "Buy" rating by Robert W. Baird given on Thursday, January 25. The company presently has an average rating of "Hold" and an average price target of $239.04. The firm has "Sell" rating given on Friday, August 14 by Zacks. Bank of America has "Buy" rating and $260.0 target. On Wednesday, February 14 the stock has "Buy" rating by Robert W. Baird. The firm has "Buy" rating by Needham given on Thursday, November 9. The rating was maintained by Argus Research with "Buy" on Tuesday, August 2. This's net activity of $8.28 million. The stock was sold at an average price of $187.89, for a total transaction of $3,584,001.75. Roualet Mark C. had sold 3,585 shares worth $814,050. This metric is a popular technical indicator first created by Larry Williams, its founder, and it enables traders to identify overbought and oversold stock territory.

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