General Dynamics (GD) Reaches $204.80 High on Jun, 20, Odey Asset Management Group LTD Has Decreased Southwest Airls Co (LUV) Holding By $14.70 Million

June 20, 2017 - By marketbeat

Odey Asset Management Group Ltd decreased Southwest Airls Co (LUV) stake by 19.49% reported in 2016Q4 SEC filing. Odey Asset Management Group Ltd sold 300,004 shares as Southwest Airls Co (LUV)’s stock rose 1.26%. The Odey Asset Management Group Ltd holds 1.24M shares with $61.77M value, down from 1.54M last quarter. Southwest Airls Co now has $36.83B valuation. The stock declined 1.05% or $0.64 reaching $60.28 per share. About 1.12 million shares traded. Southwest Airlines Co (NYSE:LUV) has risen 37.63% since June 20, 2016 and is uptrending. It has outperformed by 20.93% the S&P500.

The stock of General Dynamics Corporation (NYSE:GD) reached all time high today, Jun, 20 and still has $215.04 target or 5.00% above today’s $204.80 share price. This indicates more upside for the $62.35 billion company. This technical setup was reported by Barchart.com. If the $215.04 PT is reached, the company will be worth $3.12 billion more. About 189,465 shares traded. General Dynamics Corporation (NYSE:GD) has risen 36.41% since June 20, 2016 and is uptrending. It has outperformed by 19.71% the S&P500.

Among 14 analysts covering General Dynamics Corporation (NYSE:GD), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. General Dynamics Corporation has $220 highest and $147 lowest target. $176.40’s average target is -13.87% below currents $204.8 stock price. General Dynamics Corporation had 35 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Monday, May 2 by Goldman Sachs. The stock of General Dynamics Corporation (NYSE:GD) has “Outperform” rating given on Thursday, January 28 by RBC Capital Markets. As per Wednesday, August 10, the company rating was upgraded by Bernstein. Jefferies maintained the shares of GD in report on Wednesday, April 19 with “Buy” rating. Argus Research maintained General Dynamics Corporation (NYSE:GD) on Tuesday, August 2 with “Buy” rating. On Friday, July 31 the stock rating was downgraded by Drexel Hamilton to “Hold”. The stock of General Dynamics Corporation (NYSE:GD) has “Buy” rating given on Wednesday, May 31 by Jefferies. The rating was upgraded by Argus Research on Thursday, November 19 to “Buy”. The stock of General Dynamics Corporation (NYSE:GD) has “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. Bernstein maintained General Dynamics Corporation (NYSE:GD) rating on Wednesday, February 24. Bernstein has “Market Perform” rating and $156 target.

Investors sentiment increased to 1.12 in Q4 2016. Its up 0.21, from 0.91 in 2016Q3. It increased, as 41 investors sold General Dynamics Corporation shares while 312 reduced holdings. 128 funds opened positions while 266 raised stakes. 261.05 million shares or 0.73% less from 262.97 million shares in 2016Q3 were reported. Wright Investors, Connecticut-based fund reported 13,525 shares. Umb Savings Bank N A Mo owns 0.04% invested in General Dynamics Corporation (NYSE:GD) for 7,064 shares. Winfield Associates, a Ohio-based fund reported 242 shares. New York-based Jpmorgan Chase And has invested 0.14% in General Dynamics Corporation (NYSE:GD). Fayez Sarofim & Company owns 6,080 shares or 0.01% of their US portfolio. First Quadrant Limited Partnership Ca invested 0.02% of its portfolio in General Dynamics Corporation (NYSE:GD). Marshall Wace Limited Liability Partnership reported 183,265 shares or 0.21% of all its holdings. Duff And Phelps Inv Mngmt owns 3,550 shares for 0.01% of their portfolio. Next Fincl Grp reported 0% of its portfolio in General Dynamics Corporation (NYSE:GD). Scopus Asset Mgmt L P has invested 1.84% in General Dynamics Corporation (NYSE:GD). Cibc Ww Corporation holds 187,155 shares. Philadelphia Tru Company invested in 0.02% or 1,778 shares. Macroview Mngmt reported 0.12% in General Dynamics Corporation (NYSE:GD). Bb&T Securities Ltd Limited Liability Company holds 0.13% in General Dynamics Corporation (NYSE:GD) or 53,198 shares. Hays Advisory Limited Company owns 36,642 shares for 1.41% of their portfolio.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on July, 26. They expect $2.43 earnings per share, down 0.41% or $0.01 from last year’s $2.44 per share. GD’s profit will be $739.80M for 21.07 P/E if the $2.43 EPS becomes a reality. After $2.48 actual earnings per share reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -2.02% negative EPS growth.

General Dynamics Corporation is a global aerospace and defense company. The company has market cap of $62.35 billion. The Firm offers a portfolio of services and products in business aviation; combat vehicles, weapons systems and munitions; information technology services and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) solutions, and shipbuilding and ship repair. It has a 20.44 P/E ratio. It operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems.

Since January 31, 2017, it had 0 buys, and 8 sales for $33.86 million activity. Burns Mark Lagrand sold $3.58M worth of stock or 19,075 shares. Another trade for 5,219 shares valued at $988,019 was sold by Johnson S. Daniel. LYLES LESTER L sold $500,014 worth of stock or 2,551 shares. Marzilli Christopher sold 43,890 shares worth $8.84M. Another trade for 10,146 shares valued at $1.94 million was made by FRICKS WILLIAM P on Wednesday, March 1. On Wednesday, March 1 the insider CASEY JOHN PATRICK sold $8.98 million. Gallopoulos Gregory S also sold $7.17 million worth of General Dynamics Corporation (NYSE:GD) on Tuesday, January 31.

Investors sentiment decreased to 0.67 in Q4 2016. Its down 0.23, from 0.9 in 2016Q3. It worsened, as 71 investors sold LUV shares while 296 reduced holdings. 84 funds opened positions while 163 raised stakes. 484.24 million shares or 6.71% more from 453.81 million shares in 2016Q3 were reported. Capital Advisors Ltd Limited Liability Corporation has 0% invested in Southwest Airlines Co (NYSE:LUV). Toronto Dominion Bankshares has 0.02% invested in Southwest Airlines Co (NYSE:LUV). Farmers Merchants Invs holds 0.01% or 2,557 shares. One National Association owns 161,929 shares. Ny State Common Retirement Fund has 2.02M shares for 0.14% of their portfolio. Telos Capital Mngmt reported 33,367 shares. Wellington Mngmt Group Llp reported 264,888 shares. Hsbc Pcl has 0.05% invested in Southwest Airlines Co (NYSE:LUV). Dekabank Deutsche Girozentrale holds 0.04% of its portfolio in Southwest Airlines Co (NYSE:LUV) for 74,392 shares. Public Sector Pension Board invested in 136,362 shares. 68,581 were accumulated by Proshare Lc. Fjarde Ap has invested 0% in Southwest Airlines Co (NYSE:LUV). Conning holds 15,690 shares. Asset accumulated 0.02% or 25,078 shares. Glg Ltd holds 0.03% or 9,485 shares in its portfolio.

Since January 30, 2017, it had 0 insider purchases, and 16 selling transactions for $10.00 million activity. 21,300 shares were sold by KELLY GARY C, worth $1.22M. $1.21M worth of stock was sold by Lamb Jeff on Thursday, May 25. On Thursday, May 18 Van de Ven Michael G sold $872,769 worth of Southwest Airlines Co (NYSE:LUV) or 15,273 shares. Another trade for 1,211 shares valued at $70,553 was made by Shaw Mark R on Monday, February 27. Romo Tammy sold 9,655 shares worth $500,032. Another trade for 15,273 shares valued at $912,148 was sold by Jordan Robert E. 3,305 shares were sold by Wells Gregory D, worth $192,566.

Among 13 analysts covering Southwest Airlines Co. (NYSE:LUV), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Southwest Airlines Co. had 39 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Overweight” rating by JP Morgan on Thursday, February 4. The firm earned “Overweight” rating on Tuesday, March 29 by Stephens. The company was initiated on Friday, November 18 by Citigroup. The firm earned “Overweight” rating on Thursday, January 5 by Morgan Stanley. Cowen & Co maintained Southwest Airlines Co (NYSE:LUV) rating on Friday, July 24. Cowen & Co has “Outperform” rating and $50 target. On Tuesday, April 12 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Outperform” rating by Credit Suisse given on Friday, January 22. The firm has “Overweight” rating by JP Morgan given on Thursday, October 27. The stock of Southwest Airlines Co (NYSE:LUV) has “Buy” rating given on Tuesday, July 26 by Evercore. Barclays Capital upgraded it to “Equal-Weight” rating and $48 target in Friday, April 15 report.

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