Investment firms boost holdings in struggling but dividend-boosting General Dynamics.

Investment firms Covington and Mitsubishi UFJ have increased their holdings in General Dynamics, an aerospace and defense company. Covington now owns 1,949 shares, while Mitsubishi UFJ owns 420,032 shares. Despite missing earnings estimates, General Dynamics announced a quarterly dividend increase and has a market cap of $72.89 billion. Analysts rate the stock a "Hold" with a price target of $297.71.