Wedge Capital Management L LP Has Lowered Its Mfa Financial (MFA) Stake; 12 Bullish Analysts Covering General Dynamics (GD)

December 6, 2017 - By Hazel Jackson

Among 19 analysts covering General Dynamics Corporation (NYSE:GD), 12 have Buy rating, 1 Sell and 6 Hold. Therefore 63% are positive. General Dynamics Corporation had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Friday, September 15. RBC Capital Markets maintained General Dynamics Corporation (NYSE:GD) rating on Monday, January 30. RBC Capital Markets has “Outperform” rating and $211 target. The stock has “Buy” rating by Citigroup on Wednesday, September 7. Cowen & Co maintained the stock with “Buy” rating in Thursday, October 19 report. The company was maintained on Sunday, October 8 by RBC Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $22000 target in Friday, July 7 report. RBC Capital Markets maintained General Dynamics Corporation (NYSE:GD) on Wednesday, November 15 with “Buy” rating. Drexel Hamilton downgraded the stock to “Hold” rating in Friday, July 31 report. The stock has “Buy” rating by Argus Research on Thursday, November 19. Jefferies maintained the stock with “Buy” rating in Wednesday, October 25 report. See General Dynamics Corporation (NYSE:GD) latest ratings:

15/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $239.0 Maintain
13/11/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $196 New Target: $194 Maintain
25/10/2017 Broker: Jefferies Rating: Buy New Target: $236.0 Maintain
26/10/2017 Broker: Credit Suisse Rating: Outperform Old Target: $216 New Target: $238 Maintain
26/10/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $200 New Target: $210 Maintain
23/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $215.0 Maintain
19/10/2017 Broker: Cowen & Co Rating: Buy New Target: $230.0 Maintain
13/10/2017 Broker: Jefferies Rating: Buy New Target: $220.0 Maintain
08/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $241.0 Maintain
09/10/2017 Broker: Citigroup Rating: Neutral Old Target: $210 New Target: $215 Maintain

Wedge Capital Management L LP decreased Mfa Financial Inc. (MFA) stake by 14.28% reported in 2017Q2 SEC filing. Wedge Capital Management L LP sold 1.29M shares as Mfa Financial Inc. (MFA)’s stock rose 1.75%. The Wedge Capital Management L LP holds 7.74 million shares with $64.95 million value, down from 9.03M last quarter. Mfa Financial Inc. now has $3.19 billion valuation. The stock decreased 0.37% or $0.03 during the last trading session, reaching $8.03. About 1.60 million shares traded. MFA Financial, Inc. (NYSE:MFA) has risen 16.50% since December 6, 2016 and is uptrending. It has underperformed by 0.20% the S&P500.

Among 8 analysts covering MFA Mortgage (NYSE:MFA), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. MFA Mortgage had 15 analyst reports since January 15, 2016 according to SRatingsIntel. The firm earned “Overweight” rating on Tuesday, January 26 by JP Morgan. Compass Point downgraded the shares of MFA in report on Wednesday, June 15 to “Sell” rating. On Friday, January 15 the stock rating was downgraded by Wells Fargo to “Market Perform”. The firm earned “Hold” rating on Thursday, August 3 by Keefe Bruyette & Woods. As per Monday, May 8, the company rating was upgraded by Wells Fargo. The firm earned “Underperform” rating on Monday, April 11 by Wells Fargo. The firm has “Hold” rating given on Friday, November 3 by FBR Capital. On Friday, October 20 the stock rating was downgraded by JMP Securities to “Market Perform”. The firm has “Hold” rating given on Tuesday, September 12 by Keefe Bruyette & Woods. Wells Fargo downgraded MFA Financial, Inc. (NYSE:MFA) on Monday, January 18 to “Market Perform” rating.

Wedge Capital Management L LP increased United Rentals Inc. (NYSE:URI) stake by 29,715 shares to 288,544 valued at $32.52M in 2017Q2. It also upped Epr Properties (NYSE:EPR) stake by 129,109 shares and now owns 1.53M shares. State National Cos. Inc. (NASDAQ:SNC) was raised too.

Investors sentiment increased to 1.41 in 2017 Q2. Its up 0.62, from 0.79 in 2017Q1. It is positive, as 19 investors sold MFA shares while 61 reduced holdings. 29 funds opened positions while 84 raised stakes. 311.54 million shares or 6.04% more from 293.78 million shares in 2017Q1 were reported. Stratos Wealth Prtnrs Ltd owns 15,650 shares for 0.01% of their portfolio. Strategic Lc holds 80,998 shares or 0.25% of its portfolio. Ny State Common Retirement Fund has invested 0.01% in MFA Financial, Inc. (NYSE:MFA). Swiss Natl Bank holds 658,000 shares. Sterling Management Limited Liability Com accumulated 103,696 shares. Great West Life Assurance Can reported 0% stake. Us Bank & Trust De invested in 34,602 shares. Japan-based Nomura Asset Mngmt Ltd has invested 0.01% in MFA Financial, Inc. (NYSE:MFA). Arrowstreet Ltd Partnership reported 5.32 million shares. Franklin owns 13,801 shares. Benchmark Capital reported 1.65% in MFA Financial, Inc. (NYSE:MFA). Nuveen Asset Management Limited Company has invested 0.02% in MFA Financial, Inc. (NYSE:MFA). Wedge Capital Management L Limited Partnership Nc invested 0.62% of its portfolio in MFA Financial, Inc. (NYSE:MFA). Paradigm Asset Ltd Limited Liability Company holds 13,500 shares or 0% of its portfolio. Pekin Singer Strauss Asset Management Il stated it has 0.05% of its portfolio in MFA Financial, Inc. (NYSE:MFA).

Analysts await MFA Financial, Inc. (NYSE:MFA) to report earnings on February, 15. They expect $0.20 EPS, up 11.11% or $0.02 from last year’s $0.18 per share. MFA’s profit will be $79.38M for 10.04 P/E if the $0.20 EPS becomes a reality. After $0.15 actual EPS reported by MFA Financial, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

General Dynamics Corporation operates as an aerospace and defense firm worldwide. The company has market cap of $59.69 billion. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. It has a 19.75 P/E ratio. The Aerospace group designs, develops, makes, and outfits business-jet aircraft; provides aircraft services, such as maintenance, repair, aircraft management, charter, fixed-base operational, and staffing services; and performs aircraft completion services for other original equipment manufacturers.

Investors sentiment decreased to 0.91 in 2017 Q2. Its down 0.10, from 1.01 in 2017Q1. It fall, as 42 investors sold General Dynamics Corporation shares while 358 reduced holdings. 88 funds opened positions while 275 raised stakes. 256.53 million shares or 1.25% less from 259.78 million shares in 2017Q1 were reported. Bp Public Ltd Liability Corporation invested 0.44% of its portfolio in General Dynamics Corporation (NYSE:GD). The Illinois-based Duff And Phelps Mngmt Comm has invested 0.01% in General Dynamics Corporation (NYSE:GD). 182,784 are held by Locust Wood Capital Advisers Limited Liability. Leisure stated it has 12,319 shares. Trust Company Of Toledo Na Oh holds 0.23% or 4,390 shares. Choate Advisors has 7,618 shares. Moreover, Holderness Invs has 0.36% invested in General Dynamics Corporation (NYSE:GD) for 3,420 shares. 6,354 are held by Ibm Retirement Fund. Foundry Partners Ltd Liability accumulated 39,647 shares. Evanson Asset Limited reported 1,169 shares. Cape Ann Commercial Bank holds 1.37% or 5,197 shares. Epoch Investment Prns owns 852,290 shares for 0.57% of their portfolio. 8,388 are owned by First Allied Advisory. Doheny Asset Mgmt Ca accumulated 2,000 shares. Boys Arnold Com stated it has 0.4% of its portfolio in General Dynamics Corporation (NYSE:GD).

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