Ancora Inverness buys $1,519,339 stake in General Dynamics Corporation (GD)

General Dynamics Corporation (GD) : Ancora Inverness scooped up 983 additional shares in General Dynamics Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 10,279 shares of General Dynamics Corporation which is valued at $1,519,339.General Dynamics Corporation makes up approximately 0.56% of Ancora Inverness’s portfolio.

Other Hedge Funds, Including , Quantbot Technologies Lp boosted its stake in GD in the latest quarter, The investment management firm added 32,745 additional shares and now holds a total of 47,787 shares of General Dynamics Corporation which is valued at $7,063,396. General Dynamics Corporation makes up approx 0.73% of Quantbot Technologies Lp’s portfolio.Security National Trust Co boosted its stake in GD in the latest quarter, The investment management firm added 150 additional shares and now holds a total of 411 shares of General Dynamics Corporation which is valued at $59,089. General Dynamics Corporation makes up approx 0.02% of Security National Trust Co’s portfolio.Oakbrook Investments boosted its stake in GD in the latest quarter, The investment management firm added 1,525 additional shares and now holds a total of 36,625 shares of General Dynamics Corporation which is valued at $5,265,576. General Dynamics Corporation makes up approx 0.28% of Oakbrook Investments’s portfolio. Kelman-lazarov sold out all of its stake in GD during the most recent quarter. The investment firm sold 1,325 shares of GD which is valued $186,825.

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.

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