Revisor Wealth Management LLC Sells 916 Shares of General Dynamics Co. (NYSE:GD)

Revisor Wealth Management LLC decreased its holdings in shares of General Dynamics Co. (NYSE:GD - Free Report) by 43.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,171 shares of the aerospace company's stock after selling 916 shares during the quarter. Revisor Wealth Management LLC's holdings in General Dynamics were worth $307,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new stake in General Dynamics in the 4th quarter valued at approximately $25,000. Whipplewood Advisors LLC acquired a new position in shares of General Dynamics during the fourth quarter valued at $26,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of General Dynamics during the fourth quarter valued at about $26,000. Heck Capital Advisors LLC acquired a new stake in General Dynamics in the fourth quarter worth about $28,000. Finally, Hoey Investments Inc. bought a new position in General Dynamics in the 4th quarter valued at about $28,000. Institutional investors own 86.14% of the company's stock.

General Dynamics Stock Up 0.2%

GD stock traded up $0.65 during midday trading on Thursday, reaching $274.29. The company had a trading volume of 379,309 shares, compared to its average volume of 1,371,876. The company has a 50 day moving average of $271.84 and a two-hundred day moving average of $267.79. The company has a market capitalization of $73.62 billion, a P/E ratio of 20.10, a PEG ratio of 1.69 and a beta of 0.49. General Dynamics Co. has a 1 year low of $239.20 and a 1 year high of $316.90. 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 (NYSE:GD - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The aerospace company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.43 by $0.23. General Dynamics had a return on equity of 17.10% and a net margin of 7.93%. The business had revenue of $12.22 billion during the quarter, compared to analyst estimates of $11.92 billion. During the same period in the previous year, the company earned $2.88 EPS. The firm's revenue was up 13.9% on a year-over-year basis. On average, equities research analysts expect that General Dynamics Co. will post 14.83 earnings per share for the current fiscal year.

General Dynamics Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 11th were paid a dividend of $1.50 per share. This is a positive change from General Dynamics's previous quarterly dividend of $1.42. The ex-dividend date was Friday, April 11th. This represents a $6.00 annualized dividend and a dividend yield of 2.19%. General Dynamics's dividend payout ratio is 41.61%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GD. Argus set a $295.00 price objective on shares of General Dynamics in a research note on Tuesday, May 6th. Royal Bank of Canada lowered their price objective on shares of General Dynamics from $290.00 to $280.00 and set a "sector perform" rating on the stock in a research note on Thursday, January 30th. Morgan Stanley cut their target price on shares of General Dynamics from $305.00 to $300.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. UBS Group lifted their price target on shares of General Dynamics from $268.00 to $279.00 and gave the stock a "neutral" rating in a research report on Thursday, April 24th. Finally, William Blair downgraded General Dynamics from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $293.00.

Insider Activity

In related news, SVP Marguerite Amy Gilliland sold 27,562 shares of the firm's stock in a transaction on Monday, March 10th. The shares were 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. This trade represents a 37.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.50% of the stock is owned by insiders.

General Dynamics 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.