Longview Asset Management Position in General Dynamics (GD) Trimmed by $141.56 Million; Factory Mutual Insurance Company Has Lowered Citigroup (C) Holding by $29.65 Million as Market Valuation Declined

June 19, 2018 - By Nellie Frank

General Dynamics Corporation (NYSE:GD) Logo

James A. Star decreased its stake in General Dynamics Corp (GD) by 1.93% based on its latest 2018Q1 regulatory filing with the SEC. Longview Asset Management Llc sold 643,437 shares as the company’s stock declined 8.23% with the market. The hedge fund run by James A. Star held 32.68M shares of the marine transportation company at the end of 2018Q1, valued at $7.22 billion, down from 33.32 million at the end of the previous reported quarter. Longview Asset Management Llc who had been investing in General Dynamics Corp for a number of months, seems to be less bullish one the $58.21 billion market cap company. The stock increased 0.09% or $0.17 during the last trading session, reaching $195.97. About 1.42M shares traded. General Dynamics Corporation (NYSE:GD) has risen 3.50% since June 19, 2017 and is uptrending. It has underperformed by 9.07% the S&P500. Some Historical GD News: 19/03/2018 – General Dynamics Shuns CSRA Price War as CACI Bids $7.2 Billion; 24/04/2018 – General Dynamics Gulfstream Unit to Invest About $55M in Facility; 25/04/2018 – General Dynamics Boosted by Gulfstream, Defense Orders — Earnings Review; 05/03/2018 – GENERAL DYNAMICS IN PACT FOR $7.5B FACILITY TO FUND CSRA DEAL; 19/03/2018 – General Dynamics: Tender Offer to Acquire CSRA for $9.6 Billion in Cash Scheduled to Expire April 2; 12/04/2018 – GENERAL DYNAMICS: JET AVIATION TO BUY HAWKER PACIFIC FOR $250M; 25/04/2018 – GENERAL DYNAMICS CORP GD.N : CREDIT SUISSE RAISES TARGET PRICE TO $263 FROM $262 ; RATING OUTPERFORM; 25/04/2018 – GENERAL DYNAMICS CEO SAYS G650 HASN’T LOST SINGLE SALE TO 7000; 29/05/2018 – Gulfstream G500 On Final Approach For Type Certification; 25/04/2018 – GENERAL DYNAMICS CORP CEO SAYS U.S. CORPORATE TAX REFORM HAS HELPED DEMAND FOR BUSINESS JETS

Factory Mutual Insurance Company decreased its stake in Citigroup Inc (C) by 19.64% based on its latest 2018Q1 regulatory filing with the SEC. Factory Mutual Insurance Company sold 442,500 shares as the company’s stock declined 11.86% with the market. The institutional investor held 1.81M shares of the major banks company at the end of 2018Q1, valued at $122.23 million, down from 2.25M at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $170.21 billion market cap company. The stock increased 0.62% or $0.41 during the last trading session, reaching $66.75. About 13.68M shares traded. Citigroup Inc. (NYSE:C) has risen 10.48% since June 19, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 22/03/2018 – NABORS INDUSTRIES LTD NBR.N : CITIGROUP RAISES TARGET PRICE TO $9.5 FROM $8.5; 29/05/2018 – Citi Flirts With Reviving Debit-Card Rewards at New Online Bank; 30/05/2018 – JPMorgan Dethrones Citigroup to Become Biggest Currency Trader; 20/04/2018 – DJ Citigroup Inc, Inst Holders, 1Q 2018 (C); 25/05/2018 – UK MAY PUBLIC INFLATION EXPECTATIONS FOR NEXT 12 MONTHS EDGE UP TO 2.5 PCT IN MAY FROM 2.4 PERCENT – CITI/YOUGOV SURVEY; 27/04/2018 – CITIGROUP FILES $100M MIXED SECURITIES SHELF; 22/05/2018 – BANXICO SEEN ADJUSTING RATES IN AUG.: CITI SURVEY; 04/04/2018 – Citi Is Said to Hire Credit Derivatives Traders Abadou, Vegetti; 13/04/2018 – Citigroup Posts 1Q $150M Pretax Gain on Sale of Hilton Portfolio; 04/05/2018 – Valero Energy Corporation Will Attend The Citi Global Energy & Utilities Conference

More recent General Dynamics Corporation (NYSE:GD) news were published by: Seekingalpha.com which released: “Jane’s May Dividend Income Tracker – Retirement Accounts” on June 19, 2018. Also Seekingalpha.com published the news titled: “General Dynamics: Adequate Growth Potential” on May 23, 2018. Fool.com‘s news article titled: “Is General Dynamics Corporation (GD) a Buy?” with publication date: June 01, 2018 was also an interesting one.

Since February 14, 2018, it had 0 insider purchases, and 8 insider sales for $8.28 million activity. $1.34M worth of General Dynamics Corporation (NYSE:GD) was sold by Whited Gary L. $1.15M worth of General Dynamics Corporation (NYSE:GD) was sold by LYLES LESTER L on Friday, February 23. 1,800 shares valued at $389,574 were sold by KEANE JOHN M on Wednesday, February 14. Johnson S. Daniel sold $754,828 worth of General Dynamics Corporation (NYSE:GD) on Wednesday, February 14. $814,050 worth of General Dynamics Corporation (NYSE:GD) was sold by Roualet Mark C..

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 79 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Thursday, October 26 with “Hold”. The company was maintained on Thursday, January 25 by Bernstein. As per Monday, January 8, the company rating was maintained by Stifel Nicolaus. Morgan Stanley maintained it with “Underweight” rating and $217 target in Thursday, April 12 report. As per Tuesday, January 23, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, January 25 by Wells Fargo. The firm has “Neutral” rating by Citigroup given on Wednesday, March 1. Wolfe Research maintained it with “Outperform” rating and $170 target in Thursday, October 29 report. The stock of General Dynamics Corporation (NYSE:GD) has “Buy” rating given on Tuesday, August 2 by Argus Research. On Wednesday, February 24 the stock rating was maintained by Bernstein with “Market Perform”.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on July, 25. They expect $2.56 EPS, up 4.49% or $0.11 from last year’s $2.45 per share. GD’s profit will be $760.41M for 19.14 P/E if the $2.56 EPS becomes a reality. After $2.65 actual EPS reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -3.40% negative EPS growth.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.19, from 1.07 in 2017Q4. It is negative, as 52 investors sold GD shares while 361 reduced holdings. 100 funds opened positions while 263 raised stakes. 230.81 million shares or 0.50% more from 229.66 million shares in 2017Q4 were reported. Quantitative Inv Management Lc stated it has 0.4% of its portfolio in General Dynamics Corporation (NYSE:GD). Gamble Jones Inv Counsel invested in 1,299 shares. Ativo Mngmt Ltd Liability Co holds 11,147 shares or 0.7% of its portfolio. American Century has 0.13% invested in General Dynamics Corporation (NYSE:GD) for 564,624 shares. Element Capital Mngmt Lc owns 2,136 shares. Mai Capital reported 7,062 shares. Sprucegrove Inv Management reported 17,355 shares. Pillar Pacific Mngmt Ltd Llc has 1,016 shares. Hedeker Wealth Limited Liability Com invested 0.21% of its portfolio in General Dynamics Corporation (NYSE:GD). Peoples Fin Svcs, a Pennsylvania-based fund reported 1,175 shares. Moreover, Lord Abbett And Ltd has 0.47% invested in General Dynamics Corporation (NYSE:GD) for 714,761 shares. Old Second Natl Bank Of Aurora invested in 400 shares or 0.04% of the stock. America First Invest Limited holds 400 shares. Ifrah Ser has 4,813 shares for 0.39% of their portfolio. Atwood And Palmer accumulated 1,000 shares.

Factory Mutual Insurance Company, which manages about $9.13B US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 208,000 shares to 2.12M shares, valued at $96.85 million in 2018Q1, according to the filing. It also increased its holding in Mastercard Incorporated (NYSE:MA) by 80,000 shares in the quarter, for a total of 374,800 shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.18, from 1.07 in 2017Q4. It is negative, as 89 investors sold C shares while 499 reduced holdings. 114 funds opened positions while 412 raised stakes. 1.90 billion shares or 4.45% less from 1.99 billion shares in 2017Q4 were reported. Caisse De Depot Et Placement Du Quebec reported 2.04 million shares. Huntington Bankshares holds 0.03% of its portfolio in Citigroup Inc. (NYSE:C) for 24,658 shares. Reilly Llc stated it has 137,224 shares. Hbk Sorce Advisory Limited Co reported 7,640 shares. Stelac Advisory Ltd holds 1,725 shares or 0.03% of its portfolio. Invesco Limited reported 1.05% in Citigroup Inc. (NYSE:C). Minneapolis Grp Ltd Liability reported 4.45% stake. Wasatch Advisors invested in 0.11% or 129,849 shares. Tci Wealth Advsr Incorporated owns 2,726 shares. Atlantic Grp Ltd Liability accumulated 2.87 million shares or 0.84% of the stock. Citigroup accumulated 0.06% or 1.09 million shares. Rwc Asset Llp reported 1.02% in Citigroup Inc. (NYSE:C). Sterling Ltd Liability Corp accumulated 4,340 shares. Glaxis Management Ltd Liability Corporation accumulated 10,000 shares. Caxton Lp, New Jersey-based fund reported 14,031 shares.

More recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup Will Thrive Regardless Of Interest Rates” on June 08, 2018. Also Bizjournals.com published the news titled: “What’s North Carolina’s piece of the $100M Citigroup settlement?” on June 15, 2018. Livetradingnews.com‘s news article titled: “Citigroup Inc. (NYSE:C) Bears in Favor” with publication date: May 30, 2018 was also an interesting one.

Among 41 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 15 Hold. Therefore 59% are positive. Citigroup Inc. had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 23 by CLSA. The firm has “Hold” rating by Jefferies given on Monday, November 28. As per Tuesday, January 19, the company rating was maintained by Keefe Bruyette & Woods. The stock of Citigroup Inc. (NYSE:C) has “Outperform” rating given on Friday, October 16 by Oppenheimer. The rating was maintained by Citigroup with “Buy” on Monday, October 9. The rating was maintained by Oppenheimer on Friday, January 29 with “Outperform”. Wells Fargo maintained the shares of C in report on Monday, October 2 with “Buy” rating. Macquarie Research upgraded the shares of C in report on Friday, November 10 to “Outperform” rating. Oppenheimer maintained it with “Buy” rating and $8100 target in Thursday, July 20 report. The stock of Citigroup Inc. (NYSE:C) earned “Hold” rating by Vertical Group on Wednesday, January 17.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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