As General Dynamics Corp (GD) Shares Rose, Vaughan David Investments INC Decreased Its Stake

May 16, 2018 - By Don Salinas

General Dynamics Corporation (NYSE:GD) Corporate LogoBig Money Sentiment decreased to 1.07 in Q4 2017. It has change of 0.01, from 2017Q3’s 1.08. The ratio worsened due to GD positioning: 43 sold and 328 reduced. 108 funds bought holdings and 290 increased holdings. Investors holded 255.81 million in 2017Q3 but now own 229.66 million shares or 10.22% less. Etrade Cap Mngmt Llc holds 0.02% in General Dynamics Corporation (NYSE:GD) or 2,743 shs. X Management Com Ltd Liability Com reported 973 shs. Moreover, Cornerstone Management Holdg Lc has 0.08% invested in General Dynamics Corporation (NYSE:GD) for 59,355 shs. Smith Moore Com reported 2,472 shs. Valley Natl Advisers holds 0.01% in General Dynamics Corporation (NYSE:GD) or 149 shs. Assetmark invested in 245 shs. Blb&B Advsrs Ltd Liability Co owns 1,403 shs or 0.04% of their US capital. Hm Payson & Com invested in 203,465 shs or 1.66% of the stock. Lord Abbett & Com Limited Com stated it has 508,897 shs. Michigan-based Ls Inv Advsr Ltd Limited Liability Company has invested 0.27% in General Dynamics Corporation (NYSE:GD). Buffington Mohr Mcneal has invested 0.76% in General Dynamics Corporation (NYSE:GD). Fiduciary Tru has invested 0.46% in General Dynamics Corporation (NYSE:GD). 1,058 are held by E&G L P. Moreover, Triangle Wealth Mngmt has 0.8% invested in General Dynamics Corporation (NYSE:GD) for 6,878 shs. Brandywine Glob Inv Management owns 362,681 shs.

GD had 8 sales and 0 insider purchases since February 14, 2018. This’s net activity of $8.28 million. Whited Gary L sold $1.34M worth of stock or 5,977 shs. Shares for $389,574 were sold by KEANE JOHN M on Wednesday, February 14. On Friday, March 9 $899,843 worth of stock was sold by Johnson S. Daniel. $2.00 million worth of General Dynamics Corporation (NYSE:GD) was sold by CASEY JOHN PATRICK. On Tuesday, February 27 Roualet Mark C. also sold $814,050 worth of General Dynamics Corporation (NYSE:GD).

In 2017Q4 SEC form is reported Vaughan David Investments Inc’s holdings in General Dynamics Corp (GD) which was decreased by 60.46%. The company’s stock popped up 9.09% while Vaughan David Investments Inc sold 230,100 shares. At the end of 2017Q4, the institutional investor held 150,506 shares of the marine transportation company, valued at $30.62M, down from 380,606 at the end of the previous reported quarter. General Dynamics Corp has $59.67 billion market cap. The stock decreased 0.38% or $0.76 during the last trading session, hitting $200.89.General Dynamics Corporation has volume of 586,594 shares. Since May 16, 2017 GD has risen 19.18% and is uptrending. GD outperformed by 7.63% the S&P500.

Vaughan David Investments Inc manages about $1.81B and $2.16 billion US Long portfolio. It increased its stake in Chevron Corporation (NYSE:CVX) by 225,578 shares to 226,279 shares, valued at $28.33M in 2017Q4, according to the filing. Vaughan David Investments Inc has risen its stake in Johnson & Johnson (NYSE:JNJ) and also increased its holding in National Grid Plc by 263,466 shares in the quarter, for a total of 273,466 shares.

On July, 25 General Dynamics Corporation (NYSE:GD)’s earnings report is expected by WallStreet, according to Zacks. Analysts forecast $2.56 EPS. That’s $0.11 up or 4.49 % from 2017’s earnings of $2.45. This could be $760.40M profit for GD assuming the current $2.56 EPS will become reality. -3.40 % negative EPS growth is what analysts predict. $2.65 EPS was announced for last quarter.

For more General Dynamics Corporation (NYSE:GD) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Investorplace.com, Investorplace.com or Streetinsider.com. The titles are as follows: “Jet Aviation completes acquisition of Hawker Pacific” published on May 02, 2018, “General Dynamics: Considerable Underappreciation For The Business” on April 25, 2018, “Trade of the Day: Two Trade Ideas in General Dynamics Corporation” with a publish date: May 11, 2018, “The Fight for AI Dominance Could Make or Break Alphabet Inc Stock” and the last “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” with publication date: May 15, 2018.

General Dynamics Corporation (NYSE:GD) Ratings Coverage

In total 12 analysts cover General Dynamics Corp (NYSE:GD). “Buy” rating has 7, “Sell” are 2, while 3 are “Hold”. (NYSE:GD) has 58% bullish analysts. 19 are the (NYSE:GD)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Tuesday, February 13 the stock has “Buy” rating by Wells Fargo. On Thursday, January 25 the firm has “Hold” rating given by Bernstein. The stock rating was downgraded by J.P. Morgan to “Sell” on Tuesday, December 12. On Wednesday, February 14 the firm earned “Buy” rating by Robert W. Baird. On Thursday, January 25 the stock of General Dynamics Corporation (NYSE:GD) earned “Outperform” rating by Credit Suisse. On Monday, January 8 the firm has “Buy” rating by Jefferies given. On Thursday, April 26 the stock of General Dynamics Corporation (NYSE:GD) has “Hold” rating given by Stifel Nicolaus. In Thursday, April 26 report Credit Suisse maintained it with “Outperform” rating and $263 target. On Friday, April 6 the firm has “Buy” rating by RBC Capital Markets given. In Thursday, January 25 report Robert W. Baird maintained the stock with “Buy” rating.

General Dynamics Corporation (NYSE:GD) Institutional Investors Chart

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