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Teacher Retirement System of Texas Raises Stake in General Dynamics Corporation $GD
The Teacher Retirement System of Texas increased its stake in General Dynamics Corporation by 3.8% to 182,327 shares, valued at approximately $61.38 million. This comes as other institutional investors have also boosted their positions, while company insiders have sold over $18 million worth of shares. Analysts have a “Moderate Buy” rating on GD with an average target price of $384.53, following the company beating Q1 estimates and raising its quarterly dividend.