London Co Of Virginia buys $432,675,909 stake in General Dynamics Corporation (GD)

General Dynamics Corporation (GD) : London Co Of Virginia scooped up 176,602 additional shares in General Dynamics Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 2,542,311 shares of General Dynamics Corporation which is valued at $432,675,909.General Dynamics Corporation makes up approximately 3.18% of London Co Of Virginia’s portfolio.

Other Hedge Funds, Including , Fort Washington Investment Advisors Inc Oh boosted its stake in GD in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 4,860 shares of General Dynamics Corporation which is valued at $827,123. General Dynamics Corporation makes up approx 0.02% of Fort Washington Investment Advisors Inc Oh’s portfolio.Thompson Davis boosted its stake in GD in the latest quarter, The investment management firm added 14 additional shares and now holds a total of 398 shares of General Dynamics Corporation which is valued at $60,651. General Dynamics Corporation makes up approx 0.11% of Thompson Davis’s portfolio.Victory Capital Management Inc boosted its stake in GD in the latest quarter, The investment management firm added 406,729 additional shares and now holds a total of 418,496 shares of General Dynamics Corporation which is valued at $62,786,955. General Dynamics Corporation makes up approx 0.19% of Victory Capital Management Inc’s portfolio.Rkl Wealth Management reduced its stake in GD by selling 31 shares or 1.66% in the most recent quarter. The Hedge Fund company now holds 1,840 shares of GD which is valued at $277,306. General Dynamics Corporation makes up approx 0.14% of Rkl Wealth Management’s portfolio.

General Dynamics Corporation opened for trading at $165.51 and hit $167.36 on the upside on Monday, eventually ending the session at $166.62, with a gain of 0.60% or 0.99 points. The heightened volatility saw the trading volume jump to 15,96,944 shares. Company has a market cap of $50,739 M.

On the company’s financial health, General Dynamics Corporation reported $2.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $2.38. The company had revenue of $7731.00 million for the quarter, compared to analysts expectations of $7906.34 million. The company’s revenue was down -3.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.28 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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