General Dynamics (GD) Forms $218.51 Double Top; Fifth Third Bancorp Has Lifted Its General Dynamics (GD) Position

General Dynamics Corporation (GD) formed double top with $229.44 target or 5.00% above today’s $218.51 share price. General Dynamics Corporation (GD) has $64.88B valuation. The stock decreased 0.29% or $0.64 during the last trading session, reaching $218.51. About 207,602 shares traded. General Dynamics Corporation (NYSE:GD) has risen 36.41% since March 2, 2017 and is uptrending. It has outperformed by 19.71% the S&P500.

Fifth Third Bancorp increased General Dynamics Corp (GD) stake by 5.5% reported in 2017Q3 SEC filing. Fifth Third Bancorp acquired 8,118 shares as General Dynamics Corp (GD)’s stock rose 3.60%. The Fifth Third Bancorp holds 155,621 shares with $31.99M value, up from 147,503 last quarter. General Dynamics Corp now has $64.85 billion valuation. The stock decreased 0.35% or $0.76 during the last trading session, reaching $218.39. About 206,801 shares traded. General Dynamics Corporation (NYSE:GD) has risen 36.41% since March 2, 2017 and is uptrending. It has outperformed by 19.71% the S&P500.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.17, from 0.91 in 2017Q2. It is positive, as 52 investors sold General Dynamics Corporation shares while 313 reduced holdings. 89 funds opened positions while 304 raised stakes. 255.81 million shares or 0.28% less from 256.53 million shares in 2017Q2 were reported. 963 were accumulated by Central Bank & Trust Tru. Atlantic Tru Gru Limited Company invested 0.03% in General Dynamics Corporation (NYSE:GD). First Personal Services owns 1,367 shares for 0.06% of their portfolio. Cibc World Markets Inc owns 0.01% invested in General Dynamics Corporation (NYSE:GD) for 14,332 shares. Moreover, Virtu Lc has 0.04% invested in General Dynamics Corporation (NYSE:GD). New York-based Tiedemann Wealth Ltd Com has invested 0.04% in General Dynamics Corporation (NYSE:GD). Boston Private Wealth Ltd Liability Corporation owns 2,496 shares for 0.02% of their portfolio. Bank reported 9,377 shares or 0.21% of all its holdings. First Republic Investment Mngmt holds 0.06% or 39,980 shares in its portfolio. Tompkins Financial has 13,491 shares for 0.66% of their portfolio. Quantbot Technology Lp stated it has 0.15% in General Dynamics Corporation (NYSE:GD). Regions owns 117,656 shares or 0.27% of their US portfolio. Edgestream Lp has 3,266 shares. Moors And Cabot holds 2,799 shares. Private Comm Na, Ohio-based fund reported 6,099 shares.

Among 22 analysts covering General Dynamics Corporation (NYSE:GD), 14 have Buy rating, 2 Sell and 6 Hold. Therefore 64% are positive. General Dynamics Corporation has $272.0 highest and $147 lowest target. $211.05’s average target is -3.41% below currents $218.51 stock price. General Dynamics Corporation had 73 analyst reports since July 31, 2015 according to SRatingsIntel. Zacks upgraded General Dynamics Corporation (NYSE:GD) on Monday, August 31 to “Hold” rating. The firm has “Buy” rating by Jefferies given on Monday, January 8. The company was maintained on Monday, October 23 by Robert W. Baird. The rating was maintained by Cowen & Co on Thursday, October 19 with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Wednesday, November 15. The firm has “Buy” rating by Jefferies given on Friday, October 13. The firm has “Buy” rating by RBC Capital Markets given on Friday, September 15. Wolfe Research maintained General Dynamics Corporation (NYSE:GD) on Thursday, October 29 with “Outperform” rating. The firm has “Neutral” rating given on Wednesday, March 1 by Citigroup. The stock of General Dynamics Corporation (NYSE:GD) earned “Outperform” rating by RBC Capital Markets on Thursday, October 29.

Since February 14, 2018, it had 0 buys, and 4 insider sales for $4.30 million activity. The insider CASEY JOHN PATRICK sold $2.00 million. $754,828 worth of General Dynamics Corporation (NYSE:GD) shares were sold by Johnson S. Daniel. 5,210 General Dynamics Corporation (NYSE:GD) shares with value of $1.15M were sold by LYLES LESTER L. KEANE JOHN M sold $389,574 worth of stock or 1,800 shares.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on April, 25. They expect $2.50 EPS, up 0.81% or $0.02 from last year’s $2.48 per share. GD’s profit will be $742.33 million for 21.85 P/E if the $2.50 EPS becomes a reality. After $2.50 actual EPS reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.17, from 0.91 in 2017Q2. It is positive, as 52 investors sold GD shares while 313 reduced holdings. 89 funds opened positions while 304 raised stakes. 255.81 million shares or 0.28% less from 256.53 million shares in 2017Q2 were reported. Reaves W H & Company, New Jersey-based fund reported 1,240 shares. Crestwood Advsrs Grp Inc Ltd Liability Company stated it has 0.05% in General Dynamics Corporation (NYSE:GD). Ssi Investment Mngmt holds 0.04% of its portfolio in General Dynamics Corporation (NYSE:GD) for 2,064 shares. 7,394 were reported by Charter Trust. Triangle Secs Wealth Mngmt holds 0.9% or 7,346 shares. Nippon Life Ins holds 9,559 shares or 0.04% of its portfolio. Legacy Cap Prtn Inc invested 2.06% in General Dynamics Corporation (NYSE:GD). Amica Mutual reported 0.41% in General Dynamics Corporation (NYSE:GD). Bluestein R H Co holds 1.42% of its portfolio in General Dynamics Corporation (NYSE:GD) for 126,426 shares. Hm Payson And Co reported 208,619 shares. Reliance Tru Of Delaware holds 0.13% or 4,130 shares. Sandy Spring Natl Bank has 4,170 shares. Nuveen Asset Mgmt Limited Liability Company reported 0.19% of its portfolio in General Dynamics Corporation (NYSE:GD). Vident Investment Advisory Ltd Liability Co accumulated 3,716 shares. Live Your Vision Limited Co stated it has 150 shares.

Among 22 analysts covering General Dynamics Corporation (NYSE:GD), 14 have Buy rating, 2 Sell and 6 Hold. Therefore 64% are positive. General Dynamics Corporation had 73 analyst reports since July 31, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of GD in report on Wednesday, July 26 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Friday, June 2. The firm has “Outperform” rating by Bernstein given on Wednesday, August 10. Jefferies maintained General Dynamics Corporation (NYSE:GD) on Monday, January 8 with “Buy” rating. The stock of General Dynamics Corporation (NYSE:GD) earned “Neutral” rating by Citigroup on Monday, October 9. The company was maintained on Monday, January 30 by RBC Capital Markets. The stock of General Dynamics Corporation (NYSE:GD) has “Buy” rating given on Friday, August 11 by Jefferies. Credit Suisse maintained General Dynamics Corporation (NYSE:GD) on Thursday, January 25 with “Outperform” rating. The firm earned “Buy” rating on Wednesday, February 14 by Robert W. Baird. The stock of General Dynamics Corporation (NYSE:GD) has “Buy” rating given on Thursday, January 25 by Robert W. Baird.