General Dynamics Corporation (GD) Shares Bought by GWM Advisors LLC

GWM Advisors LLC lifted its position in General Dynamics Corporation (NYSE:GD) by 6.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,957 shares of the aerospace company’s stock after acquiring an additional 2,317 shares during the quarter. General Dynamics Corporation makes up about 1.3% of GWM Advisors LLC’s holdings, making the stock its 14th biggest holding. GWM Advisors LLC’s holdings in General Dynamics Corporation were worth $7,230,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Zions Bancorporation lifted its position 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 acquiring an additional 4 shares in the last quarter. Norway Savings Bank lifted its position in shares of General Dynamics Corporation by 0.5% in the 2nd quarter. Norway Savings Bank now owns 1,015 shares of the aerospace company’s stock valued at $201,000 after acquiring an additional 5 shares in the last quarter. YorkBridge Wealth Partners LLC lifted its position in shares of General Dynamics Corporation by 0.5% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 992 shares of the aerospace company’s stock valued at $198,000 after acquiring an additional 5 shares in the last quarter. Savant Capital LLC lifted its position in shares of General Dynamics Corporation by 0.4% in the 1st quarter. Savant Capital LLC now owns 1,815 shares of the aerospace company’s stock valued at $340,000 after acquiring an additional 7 shares in the last quarter. Finally, Guardian Life Insurance Co. of America lifted its position in shares of General Dynamics Corporation by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,104 shares of the aerospace company’s stock valued at $207,000 after acquiring an additional 8 shares in the last quarter. Institutional investors and hedge funds own 86.17% of the company’s stock.

Shares of General Dynamics Corporation (GD) opened at 210.2941 on Thursday. The firm has a 50-day moving average of $205.47 and a 200-day moving average of $199.44. The stock has a market cap of $63.04 billion, a P/E ratio of 20.7759 and a beta of 0.72. General Dynamics Corporation has a 52-week low of $148.76 and a 52-week high of $214.81.

General Dynamics Corporation (NYSE:GD) last announced its quarterly earnings data on Wednesday, July 26th. The aerospace company reported $2.45 EPS for the quarter, topping the Zacks’ consensus estimate of $2.43 by $0.02. The business had revenue of $7.68 billion for the quarter, compared to analyst estimates of $7.76 billion. General Dynamics Corporation had a net margin of 9.63% and a return on equity of 28.17%. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.30 earnings per share. On average, equities analysts expect that General Dynamics Corporation will post $9.81 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Stockholders of record on Friday, October 6th will be given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Thursday, October 5th. General Dynamics Corporation’s dividend payout ratio is presently 34.57%.

TRADEMARK VIOLATION WARNING: “General Dynamics Corporation (GD) Shares Bought by GWM Advisors LLC” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/19/general-dynamics-corporation-gd-shares-bought-by-gwm-advisors-llc.html.

Several brokerages recently commented on GD. Zacks Investment Research downgraded shares of General Dynamics Corporation from a “buy” rating to a “hold” rating in a research report on Monday. Citigroup Inc. restated a “neutral” rating and issued a $215.00 price target (up previously from $210.00) on shares of General Dynamics Corporation in a research report on Monday, October 9th. ValuEngine downgraded shares of General Dynamics Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Deutsche Bank AG restated a “hold” rating and issued a $210.00 price target (up previously from $200.00) on shares of General Dynamics Corporation in a research report on Monday, October 2nd. Finally, Jefferies Group LLC restated a “buy” rating on shares of General Dynamics Corporat

Several other large investors have also recently modified their holdings of the stock. Zions Bancorporation lifted its position 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 acquiring an additional 4 shares in the last quarter. Norway Savings Bank lifted its position in shares of General Dynamics Corporation by 0.5% in the 2nd quarter. Norway Savings Bank now owns 1,015 shares of the aerospace company’s stock valued at $201,000 after acquiring an additional 5 shares in the last quarter. YorkBridge Wealth Partners LLC lifted its position in shares of General Dynamics Corporation by 0.5% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 992 shares of the aerospace company’s stock valued at $198,000 after acquiring an additional 5 shares in the last quarter. Savant Capital LLC lifted its position in shares of General Dynamics Corporation by 0.4% in the 1st quarter. Savant Capital LLC now owns 1,815 shares of the aerospace company’s stock valued at $340,000 after acquiring an additional 7 shares in the last quarter. Finally, Guardian Life Insurance Co. of America lifted its position in shares of General Dynamics Corporation by 0.7% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,104 shares of the aerospace company’s stock valued at $207,000 after acquiring an additional 8 shares in the last quarter. Institutional investors and hedge funds own 86.17% of the company’s stock.

Shares of General Dynamics Corporation (GD) opened at 210.2941 on Thursday. The firm has a 50-day moving average of $205.47 and a 200-day moving average of $199.44. The stock has a market cap of $63.04 billion, a P/E ratio of 20.7759 and a beta of 0.72. General Dynamics Corporation has a 52-week low of $148.76 and a 52-week high of $214.81.

General Dynamics Corporation (NYSE:GD) last announced its quarterly earnings data on Wednesday, July 26th. The aerospace company reported $2.45 EPS for the quarter, topping the Zacks’ consensus estimate of $2.43 by $0.02. The business had revenue of $7.68 billion for the quarter, compared to analyst estimates of $7.76 billion. General Dynamics Corporation had a net margin of 9.63% and a return on equity of 28.17%. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.30 earnings per share. On average, equities analysts expect that General Dynamics Corporation will post $9.81 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Stockholders of record on Friday, October 6th will be given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Thursday, October 5th. General Dynamics Corporation’s dividend payout ratio is presently 34.57%.

TRADEMARK VIOLATION WARNING: “General Dynamics Corporation (GD) Shares Bought by GWM Advisors LLC” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/19/general-dynamics-corporation-gd-shares-bought-by-gwm-advisors-llc.html.

Several brokerages recently commented on GD. Zacks Investment Research downgraded shares of General Dynamics Corporation from a “buy” rating to a “hold” rating in a research report on Monday. Citigroup Inc. restated a “neutral” rating and issued a $215.00 price target (up previously from $210.00) on shares of General Dynamics Corporation in a research report on Monday, October 9th. ValuEngine downgraded shares of General Dynamics Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Deutsche Bank AG restated a “hold” rating and issued a $210.00 price target (up previously from $200.00) on shares of General Dynamics Corporation in a research report on Monday, October 2nd. Finally, Jefferies Group LLC restated a “buy” rating on shares of General Dynamics Corporation in a research report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $209.45.

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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