Were Analysts Bearish General Dynamics Corporation (NYSE:GD) This Week?

July 18, 2017 - By Marry Poplack

 Were Analysts Bearish General Dynamics Corporation (NYSE:GD) This Week?
Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.21, from 0.91 in 2016Q3. It improved, as 41 investors sold General Dynamics Corporation shares while 312 reduced holdings. 128 funds opened positions while 266 raised stakes. 261.05 million shares or 0.73% less from 262.97 million shares in 2016Q3 were reported.
Girard Prtn Ltd holds 3,398 shares or 0.17% of its portfolio. The Texas-based Vaughan Nelson Management L P has invested 0.57% in General Dynamics Corporation (NYSE:GD). New Hampshire-based Ledyard National Bank & Trust has invested 0.02% in General Dynamics Corporation (NYSE:GD). Twin Cap Management holds 0.5% or 44,570 shares in its portfolio. Apg Asset Mgmt Nv stated it has 604,083 shares. Sequoia Financial Ltd Limited Liability Company accumulated 1,354 shares. Qs Limited Liability Com accumulated 114,769 shares. Honeywell has invested 0.72% in General Dynamics Corporation (NYSE:GD). Gateway Advisory Ltd Llc holds 0.07% of its portfolio in General Dynamics Corporation (NYSE:GD) for 1,205 shares. Choate Inv Advisors stated it has 7,618 shares. Live Your Vision Limited Liability Com holds 190 shares or 0.01% of its portfolio. Chemung Canal Tru Co holds 0.13% in General Dynamics Corporation (NYSE:GD) or 3,134 shares. Duff Phelps Invest Mgmt Com owns 3,550 shares. Suntrust Banks Inc, Georgia-based fund reported 64,984 shares. Utd Asset Strategies Incorporated accumulated 1.67% or 29,615 shares.

Since January 31, 2017, it had 0 insider buys, and 8 selling transactions for $33.86 million activity. $8.98M worth of General Dynamics Corporation (NYSE:GD) was sold by CASEY JOHN PATRICK. Burns Mark Lagrand sold 19,075 shares worth $3.58M. On Friday, March 24 the insider Barra Mary T sold $1.85M. On Tuesday, January 31 Gallopoulos Gregory S sold $7.17M worth of General Dynamics Corporation (NYSE:GD) or 39,860 shares. FRICKS WILLIAM P sold $1.94M worth of General Dynamics Corporation (NYSE:GD) on Wednesday, March 1. The insider Johnson S. Daniel sold 5,219 shares worth $988,019. Shares for $500,014 were sold by LYLES LESTER L.

General Dynamics Corporation (NYSE:GD) Ratings Coverage

Among 17 analysts covering General Dynamics Corporation (NYSE:GD), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. General Dynamics Corporation had 40 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Wolfe Research with “Outperform” on Thursday, October 29. The rating was maintained by RBC Capital Markets on Monday, January 30 with “Outperform”. The firm has “Hold” rating by Drexel Hamilton given on Friday, July 31. The company was downgraded on Wednesday, March 1 by Citigroup. The company was downgraded on Wednesday, May 10 by Bernstein. The stock of General Dynamics Corporation (NYSE:GD) earned “Neutral” rating by JP Morgan on Wednesday, December 16. As per Thursday, January 28, the company rating was maintained by RBC Capital Markets. Zacks downgraded the shares of GD in report on Tuesday, August 25 to “Buy” rating. The stock of General Dynamics Corporation (NYSE:GD) earned “Buy” rating by Jefferies on Friday, July 7. The stock of General Dynamics Corporation (NYSE:GD) earned “Outperform” rating by RBC Capital Markets on Thursday, April 27. Below is a list of General Dynamics Corporation (NYSE:GD) latest ratings and price target changes.

17/07/2017 Broker: Cowen & Co Rating: Buy New Target: $210.0000 Maintain
12/07/2017 Broker: Berenberg Rating: Buy Initiates Coverage On
07/07/2017 Broker: Jefferies Rating: Buy New Target: $220.0000 Maintain
07/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $220.0000 Maintain
12/06/2017 Broker: UBS Rating: Buy New Target: $225.0000
02/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $220.0000 Maintain
31/05/2017 Broker: Jefferies Rating: Buy New Target: $220.0000 Maintain
10/05/2017 Broker: Bernstein Old Rating: Outperform New Rating: Mkt Perform Downgrade
27/04/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $211.00 New Target: $220.00 Maintain
27/04/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $173.00 New Target: $200.00 Maintain

The stock decreased 0.50% or $1.01 on July 17, reaching $200.14. About shares traded. General Dynamics Corporation (NYSE:GD) has risen 36.41% since July 18, 2016 and is uptrending. It has outperformed by 19.71% the S&P500.

General Dynamics Corporation is a global aerospace and defense company. The company has market cap of $60.08 billion. The Firm offers a portfolio of services and products in business aviation; combat vehicles, weapons systems and munitions; information technology services and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions, and shipbuilding and ship repair. It has a 19.97 P/E ratio. It operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems.

More recent General Dynamics Corporation (NYSE:GD) news were published by: Fool.com which released: “Better Buy: General Dynamics Corporation vs. Raytheon” on June 21, 2017. Also Nasdaq.com published the news titled: “General Dynamics Corporation (GD) Ex-Dividend Date Scheduled for July 05, 2017” on July 03, 2017. Seekingalpha.com‘s news article titled: “Time To Take Profits In General Dynamics” with publication date: July 17, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: