General Dynamics Corporation (GD) : Quantitative Investment Management added new position in General Dynamics Corporation during the most recent quarter end. The investment management firm now holds 76,900 shares of General Dynamics Corporation which is valued at $11,366,589 , the company said in a statement filed on Aug 2, 2016 with the SEC.General Dynamics Corporation makes up approximately 0.51% of Quantitative Investment Management’s portfolio.
Other Hedge Funds, Including , Wedbush Securities Inc boosted its stake in GD in the latest quarter, The investment management firm added 289 additional shares and now holds a total of 10,000 shares of General Dynamics Corporation which is valued at $1,478,100. General Dynamics Corporation makes up approx 0.24% of Wedbush Securities Inc’s portfolio.Ngam Advisors boosted its stake in GD in the latest quarter, The investment management firm added 21,032 additional shares and now holds a total of 82,064 shares of General Dynamics Corporation which is valued at $12,129,880. General Dynamics Corporation makes up approx 0.16% of Ngam Advisors’s portfolio. Sequoia Financial Advisors added GD to its portfolio by purchasing 1,453 company shares during the most recent quarter which is valued at $213,431. General Dynamics Corporation makes up approx 0.06% of Sequoia Financial Advisors’s portfolio.Barrett Asset Management reduced its stake in GD by selling 20 shares or 0.03% in the most recent quarter. The Hedge Fund company now holds 65,575 shares of GD which is valued at $9,478,211. General Dynamics Corporation makes up approx 0.79% of Barrett Asset Management’s portfolio.Bkd Wealth Advisors reduced its stake in GD by selling 1,575 shares or 37.14% in the most recent quarter. The Hedge Fund company now holds 2,666 shares of GD which is valued at $377,852. General Dynamics Corporation makes up approx 0.05% of Bkd Wealth Advisors’s portfolio.
General Dynamics Corporation closed down -0.78 points or -0.52% at $148.11 with 8,33,867 shares getting traded on Monday. Post opening the session at $148.56, the shares hit an intraday low of $147.8 and an intraday high of $149.16 and the price fluctuated in this range throughout the day.Shares ended Monday 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.