The Manufacturers Life Insurance Company Sells 6,126 Shares of General Dynamics Corporation $GD

The Manufacturers Life Insurance Company reduced its stake in General Dynamics (NYSE:GD) by 4.6% in Q2, selling 6,126 shares but retaining 128,287 shares valued at $45.4 million. This comes as General Dynamics reported strong quarterly earnings, beating estimates with $4.24 EPS and an 8.1% revenue increase year-over-year, and declared a quarterly dividend of $1.59 per share. Analysts currently maintain a "Moderate Buy" rating for the stock with an average price target of $411.58.