Rhumbline Advisers Has Increased Its General Dynamics Corp Com (GD) Holding by $3.03 Million

General Dynamics Corporation (NYSE:GD) LogoInvestors sentiment increased to 0.9 in 2018 Q2. Its up 0.02, from 0.88 in 2018Q1. It improved, as 74 investors sold GD shares while 328 reduced holdings. 87 funds opened positions while 273 raised stakes. 228.52 million shares or 0.99% less from 230.81 million shares in 2018Q1 were reported. Ontario Teachers Pension Plan Board reported 0.01% of its portfolio in General Dynamics Corporation (NYSE:GD). Perkins Coie Trust Comm holds 550 shares. Capital Invest Counsel accumulated 1,200 shares or 0.09% of the stock. Engineers Gate Manager Limited Partnership reported 1,100 shares. Montecito National Bank Trust invested 0.16% in General Dynamics Corporation (NYSE:GD). Pinebridge Limited Partnership holds 8,040 shares or 0.04% of its portfolio. Fort Washington Invest Advsrs Incorporated Oh has invested 0.04% in General Dynamics Corporation (NYSE:GD). Ifrah Svcs, a Arkansas-based fund reported 3,618 shares. Cim Investment Mangement holds 0.34% of its portfolio in General Dynamics Corporation (NYSE:GD) for 5,210 shares. Nomura Holding Incorporated reported 14,425 shares. Advisory Svcs Net Ltd Liability holds 0.14% of its portfolio in General Dynamics Corporation (NYSE:GD) for 9,099 shares. Stone Ridge Asset Ltd Limited Liability Company reported 0.02% of its portfolio in General Dynamics Corporation (NYSE:GD). Walter & Keenan Fincl Consulting Communications Mi Adv has invested 0.11% in General Dynamics Corporation (NYSE:GD). Sprucegrove Inv Ltd has invested 0.19% of its portfolio in General Dynamics Corporation (NYSE:GD). Citadel Advsr Limited Liability Company has 37,026 shares for 0% of their portfolio.

Since September 14, 2018, it had 1 insider buy, and 2 sales for $19.39 million activity. CASEY JOHN PATRICK also sold $4.35M worth of General Dynamics Corporation (NYSE:GD) on Monday, October 15. 77,810 General Dynamics Corporation (NYSE:GD) shares with value of $15.55M were sold by Johnson S. Daniel.

Rhumbline Advisers increased its stake in General Dynamics Corp Com (GD) by 3.79% based on its latest 2018Q2 regulatory filing with the SEC. Rhumbline Advisers bought 16,272 shares as the company’s stock declined 1.81% while stock markets rallied. The institutional investor held 445,931 shares of the marine transportation company at the end of 2018Q2, valued at $83.13M, up from 429,659 at the end of the previous reported quarter. Rhumbline Advisers who had been investing in General Dynamics Corp Com for a number of months, seems to be bullish on the $50.42 billion market cap company. The stock decreased 1.69% or $2.93 during the last trading session, reaching $170.25. About 1.96 million shares traded or 29.35% up from the average. General Dynamics Corporation (NYSE:GD) has declined 1.41% since December 6, 2017 and is downtrending. It has underperformed by 17.03% the S&P500.

Rhumbline Advisers, which manages about $34.12B and $49.58B US Long portfolio, decreased its stake in Sba Communications Corp Class by 18,423 shares to 235,699 shares, valued at $38.92 million in 2018Q2, according to the filing. It also reduced its holding in American Express Co (NYSE:AXP) by 34,679 shares in the quarter, leaving it with 1.29 million shares, and cut its stake in Abbvie Inc Com Usd0.01 (NYSE:ABBV).

More notable recent General Dynamics Corporation (NYSE:GD) news were published by: Streetinsider.com which released: “General Dynamics (GD) IT Secures Cloud Services Contract from US Navy to Accelerate Cloud Adoption – StreetInsider.com” on November 19, 2018, also Streetinsider.com with their article: “General Dynamics (GD) Declares $0.93 Quarterly Dividend, 2.1% Yield; Authorizes Additional 10M Share Buyback – StreetInsider.com” published on December 06, 2018, Streetinsider.com published: “General Dynamics (GD) European Land Systems acquires Germany’s FWW Fahrzeugwerk GmbH – StreetInsider.com” on November 30, 2018. More interesting news about General Dynamics Corporation (NYSE:GD) were released by: Gurufocus.com and their article: “Gulfstream To Debut Class-Leading G500 And G600 At MEBAA Show 2018 – GuruFocus.com” published on December 05, 2018 as well as Bizjournals.com‘s news article titled: “Why Orlando may see more mergers after $33.5B Harris Corp., L3 alliance – Orlando Business Journal” with publication date: November 15, 2018.

General Dynamics Corporation (NYSE:GD) Ratings Coverage

Among 7 analysts covering General Dynamics (NYSE:GD), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. General Dynamics had 9 analyst reports since June 22, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, July 26 by Credit Suisse. The rating was maintained by Wells Fargo on Thursday, October 25 with “Outperform”. The firm has “Underweight” rating by Morgan Stanley given on Wednesday, November 14. Robert W. Baird maintained General Dynamics Corporation (NYSE:GD) on Thursday, October 25 with “Outperform” rating. The rating was maintained by Morgan Stanley with “Underweight” on Friday, June 22. The rating was maintained by Citigroup with “Neutral” on Thursday, October 25. Argus Research maintained the shares of GD in report on Friday, October 26 with “Buy” rating. Credit Suisse maintained General Dynamics Corporation (NYSE:GD) rating on Thursday, October 25. Credit Suisse has “Outperform” rating and $216 target.

General Dynamics Corporation (NYSE:GD) Institutional Positions Chart

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