Polaris Capital Management buys $24,068,270 stake in General Dynamics Corporation (GD)

General Dynamics Corporation (GD) : Polaris Capital Management scooped up 1,300 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 141,420 shares of General Dynamics Corporation which is valued at $24,068,270.General Dynamics Corporation makes up approximately 1.78% of Polaris Capital Management’s portfolio.

Other Hedge Funds, Including , Capital World Investors reduced its stake in GD by selling 159 shares or 0.01% in the most recent quarter. The Hedge Fund company now holds 1,422,660 shares of GD which is valued at $242,122,505. General Dynamics Corporation makes up approx 0.07% of Capital World Investors’s portfolio.Liberty Mutual Group Asset Management reduced its stake in GD by selling 1,209 shares or 6.27% in the most recent quarter. The Hedge Fund company now holds 18,079 shares of GD which is valued at $3,010,334. General Dynamics Corporation makes up approx 0.11% of Liberty Mutual Group Asset Management’s portfolio.Abner Herrman Brock reduced its stake in GD by selling 135 shares or 6.87% in the most recent quarter. The Hedge Fund company now holds 1,830 shares of GD which is valued at $274,555. General Dynamics Corporation makes up approx 0.06% of Abner Herrman Brock’s portfolio.Neuberger Berman Group boosted its stake in GD in the latest quarter, The investment management firm added 157,175 additional shares and now holds a total of 510,528 shares of General Dynamics Corporation which is valued at $76,410,726. General Dynamics Corporation makes up approx 0.11% of Neuberger Berman Group’s portfolio.Guinness Asset Management Ltd boosted its stake in GD in the latest quarter, The investment management firm added 4,730 additional shares and now holds a total of 45,090 shares of General Dynamics Corporation which is valued at $6,785,143. General Dynamics Corporation makes up approx 1.73% of Guinness Asset Management Ltd’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.

Leave a Reply

General Dynamics Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on General Dynamics Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.