General Dynamics Corporation (GD) : Tradelink Capital added new position in General Dynamics Corporation during the most recent quarter end. The investment management firm now holds 1,499 shares of General Dynamics Corporation which is valued at $221,567 , the company said in a statement filed on Aug 1, 2016 with the SEC.General Dynamics Corporation makes up approximately 1.03% of Tradelink Capital’s portfolio.
Other Hedge Funds, Including , Integrated Wealth Management reduced its stake in GD by selling 12 shares or 1.01% in the most recent quarter. The Hedge Fund company now holds 1,176 shares of GD which is valued at $173,825. General Dynamics Corporation makes up approx 0.07% of Integrated Wealth Management’s portfolio.Acadian Asset Management boosted its stake in GD in the latest quarter, The investment management firm added 4,259 additional shares and now holds a total of 4,362 shares of General Dynamics Corporation which is valued at $630,483.Coastline Trust Co reduced its stake in GD by selling 25 shares or 0.18% in the most recent quarter. The Hedge Fund company now holds 13,845 shares of GD which is valued at $2,001,156. General Dynamics Corporation makes up approx 0.40% of Coastline Trust Co’s portfolio.Chicago Trust Co Na reduced its stake in GD by selling 75 shares or 1.83% in the most recent quarter. The Hedge Fund company now holds 4,034 shares of GD which is valued at $566,696. General Dynamics Corporation makes up approx 0.24% of Chicago Trust Co Na’s portfolio.
General Dynamics Corporation closed down -0.44 points or -0.30% at $147.37 with 13,98,653 shares getting traded on Thursday. Post opening the session at $147.96, the shares hit an intraday low of $146.82 and an intraday high of $148.38 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, General Dynamics Corporation reported $2.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $2.31. The company had revenue of $7665.00 million for the quarter, compared to analysts expectations of $7864.90 million. The company’s revenue was down -2.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.27 EPS.
General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles weapons systems and munitions; communications and information technology systems and solutions and military and commercial shipbuilding. The Company operates through four business groups: Aerospace Combat Systems Information Systems and Technology and Marine Systems. Aerospace group designs manufactures and outfits a family of Gulfstream business-jet aircraft and provides aircraft services. Combat Systems group is engaged in systems engineering spanning design development manufacture and support of military vehicles weapons systems and munitions. Marine Systems group designs builds and supports submarines and surface ships. Information Systems and Technology group provides technologies products and services that support a range of military federal/civilian and commercial information-systems requirements.