YHB Investment Advisors Inc. lifted its holdings in shares of General Dynamics Corporation (NYSE:GD) by 82.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,273 shares of the aerospace company’s stock after buying an additional 2,844 shares during the period. YHB Investment Advisors Inc.’s holdings in General Dynamics Corporation were worth $1,290,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC boosted its stake in shares of General Dynamics Corporation by 6.1% during the 2nd quarter. Quadrant Capital Group LLC now owns 645 shares of the aerospace company’s stock worth $110,000 after buying an additional 37 shares during the last quarter. Vantage Investment Advisors LLC boosted its stake in shares of General Dynamics Corporation by 9.3% during the 2nd quarter. Vantage Investment Advisors LLC now owns 585 shares of the aerospace company’s stock worth $116,000 after buying an additional 50 shares during the last quarter. Captrust Financial Advisors acquired a new position in shares of General Dynamics Corporation during the 2nd quarter worth about $129,000. WFG Advisors LP raised its holdings in shares of General Dynamics Corporation by 0.3% in the 2nd 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. Finally, Zions Bancorporation raised its holdings in shares of General Dynamics Corporation by 0.5% in the 1st quarter. Zions Bancorporation now owns 732 shares of the aerospace company’s stock valued at $137,000 after purchasing an additional 4 shares during the period. Institutional investors own 86.32% of the company’s stock.

General Dynamics Corporation (NYSE:GD) traded up $0.90 during trading on Friday, reaching $199.77. 929,800 shares of the company’s stock traded hands, compared to its average volume of 1,083,348. The company has a market cap of $59,647.93, a PE ratio of 19.84, a P/E/G ratio of 2.39 and a beta of 0.73. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.93 and a current ratio of 1.37. General Dynamics Corporation has a 52-week low of $164.09 and a 52-week high of $214.81.

General Dynamics Corporation (NYSE:GD) last released its quarterly earnings results on Wednesday, October 25th. The aerospace company reported $2.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.43 by $0.09. The firm had revenue of $7.58 billion for the quarter, compared to analysts’ expectations of $7.94 billion. General Dynamics Corporation had a net margin of 9.94% and a return on equity of 27.98%. The business’s revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.36 EPS. equities analysts forecast that General Dynamics Corporation will post 9.81 EPS for the current year.

GD has been the topic of a number of research analyst reports. BidaskClub cut shares of General Dynamics Corporation from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 16th. Cowen and Company reaffirmed a “buy” rating and issued a $210.00 target price on shares of General Dynamics Corporation in a report on Monday, July 17th. Zacks Investment Research cut shares of General Dynamics Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Morgan Stanley initiated coverage on shares of General Dynamics Corporation in a report on Tuesday, August 8th. They issued an “underweight” rating and a $185.00 target price on the stock. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a $210.00 target price (up from $207.00) on shares of General Dynamics Corporation in a report on Friday, August 11th. Two investment 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’s stock. The company has an average rating of “Hold” and an average price target of $217.19.

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In other General Dynamics Corporation news, insider John Patrick Casey sold 34,945 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $201.38, for a total transaction of $7,037,224.10. Following the transaction, the insider now owns 144,378 shares in the company, valued at approximately $29,074,841.64. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Gregory S. Gallopoulos sold 78,370 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $202.93, for a total transaction of $15,903,624.10. The disclosure for this sale can be found here. Corporate insiders own 6.70% of the company’s stock.

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.

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

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