General Dynamics Co. (NYSE:GD) Holdings Raised by Oxford Asset Management LLP

Oxford Asset Management LLP grew its position in General Dynamics Co. (NYSE:GD - Free Report) by 242.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,486 shares of the aerospace company's stock after buying an additional 1,761 shares during the period. Oxford Asset Management LLP's holdings in General Dynamics were worth $655,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Barclays PLC lifted its holdings in General Dynamics by 43.1% during the 3rd quarter. Barclays PLC now owns 942,485 shares of the aerospace company's stock worth $284,818,000 after buying an additional 283,972 shares in the last quarter. Tudor Financial Inc. purchased a new position in shares of General Dynamics in the 3rd quarter valued at $393,000. Pine Valley Investments Ltd Liability Co boosted its stake in shares of General Dynamics by 4.0% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 9,078 shares of the aerospace company's stock worth $2,743,000 after buying an additional 352 shares during the period. World Investment Advisors LLC acquired a new stake in General Dynamics during the 3rd quarter worth approximately $3,892,000. Finally, Arvest Bank Trust Division acquired a new stake in General Dynamics during the 3rd quarter worth approximately $20,667,000. Hedge funds and other institutional investors own 86.14% of the company's stock.

Insider Buying and Selling

In other news, Director Laura J. Schumacher sold 1,796 shares of the firm's stock in a transaction on Friday, January 31st. The stock was sold at an average price of $255.68, for a total transaction of $459,201.28. Following the transaction, the director now directly owns 11,175 shares of the company's stock, valued at approximately $2,857,224. This trade represents a 13.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Marguerite Amy Gilliland sold 27,562 shares of General Dynamics stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $272.11, for a total value of $7,499,895.82. Following the transaction, the senior vice president now directly owns 45,192 shares in the company, valued at approximately $12,297,195.12. The trade was a 37.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

General Dynamics Stock Up 0.0 %

NYSE:GD traded up $0.01 during trading hours on Tuesday, hitting $271.95. The stock had a trading volume of 1,002,008 shares, compared to its average volume of 1,360,873. The company has a current ratio of 1.37, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. General Dynamics Co. has a 1-year low of $239.20 and a 1-year high of $316.90. The business has a 50 day simple moving average of $264.77 and a two-hundred day simple moving average of $271.58. The company has a market cap of $72.99 billion, a PE ratio of 19.94, a price-to-earnings-growth ratio of 1.69 and a beta of 0.43.

General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The aerospace company reported $3.66 earnings per share for the quarter, topping analysts' consensus estimates of $3.43 by $0.23. General Dynamics had a net margin of 7.93% and a return on equity of 17.10%. The business had revenue of $12.22 billion during the quarter, compared to the consensus estimate of $11.92 billion. During the same quarter last year, the company earned $2.88 earnings per share. The business's quarterly revenue was up 13.9% compared to the same quarter last year. Analysts predict that General Dynamics Co. will post 14.83 EPS for the current year.

General Dynamics Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 11th will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from General Dynamics's previous quarterly dividend of $1.42. This represents a $6.00 annualized dividend and a yield of 2.21%. General Dynamics's dividend payout ratio (DPR) is 41.61%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on GD. Barclays decreased their price objective on General Dynamics from $305.00 to $285.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Wells Fargo & Company dropped their price objective on General Dynamics from $261.00 to $236.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. JPMorgan Chase & Co. dropped their price target on General Dynamics from $307.00 to $284.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. The Goldman Sachs Group decreased their price objective on General Dynamics from $245.00 to $241.00 and set a "sell" rating on the stock in a report on Tuesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of General Dynamics from $303.00 to $295.00 and set a "hold" rating on the stock in a report on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, General Dynamics has a consensus rating of "Hold" and a consensus target price of $293.83.

General Dynamics Company Profile

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services.