Seizert Capital Partners LLC lessened its position in shares of General Dynamics Corporation (NYSE:GD) by 8.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,933 shares of the aerospace company’s stock after selling 4,043 shares during the quarter. Seizert Capital Partners LLC’s holdings in General Dynamics Corporation were worth $9,443,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Pathstone Family Office LLC grew its position in shares of General Dynamics Corporation by 100.0% in the second quarter. Pathstone Family Office LLC now owns 24 shares of the aerospace company’s stock valued at $4,754,000 after purchasing an additional 12 shares during the period. Vantage Investment Advisors LLC grew its position in shares of General Dynamics Corporation by 9.3% in the second quarter. Vantage Investment Advisors LLC now owns 585 shares of the aerospace company’s stock valued at $116,000 after purchasing an additional 50 shares during the period. Quadrant Capital Group LLC grew its position in shares of General Dynamics Corporation by 6.1% in the second quarter. Quadrant Capital Group LLC now owns 645 shares of the aerospace company’s stock valued at $110,000 after purchasing an additional 37 shares during the period. Captrust Financial Advisors acquired a new stake in shares of General Dynamics Corporation in the second quarter valued at about $129,000. Finally, WFG Advisors LP grew its position in shares of General Dynamics Corporation by 0.3% in the second quarter. WFG Advisors LP now owns 668 shares of the aerospace company’s stock valued at $132,000 after purchasing an additional 2 shares during the period. Institutional investors own 86.05% of the company’s stock.

Several analysts have recently issued reports on the stock. BidaskClub upgraded shares of General Dynamics Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Jefferies Group LLC reiterated a “buy” rating and issued a $236.00 target price on shares of General Dynamics Corporation in a research report on Thursday, October 26th. Cowen and Company reiterated a “buy” rating and issued a $230.00 target price on shares of General Dynamics Corporation in a research report on Thursday, October 26th. ValuEngine lowered shares of General Dynamics Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded shares of General Dynamics Corporation from a “hold” rating to a “buy” rating and set a $238.00 target price on the stock in a research report on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $217.19.

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General Dynamics Corporation (NYSE:GD) last released its quarterly earnings results on Wednesday, October 25th. The aerospace company reported $2.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.43 by $0.09. General Dynamics Corporation had a net margin of 9.94% and a return on equity of 27.98%. The company had revenue of $7.58 billion for the quarter, compared to analysts’ expectations of $7.94 billion. During the same period last year, the company earned $2.36 EPS. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year.

General Dynamics Corporation Profile

General Dynamics Corporation is a global aerospace and defense company. 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 repair.

Institutional Ownership by Quarter for General Dynamics Corporation (NYSE:GD)

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