Latest stock purchases and sales from David Einhorn, Greenlight Capital originally published at long-term-investments.blogspot.com. David Einhorn has around USD 5.3 billion in assets under management in his asset management company Greenlight Capital. Last Quarter he made 28 transactions and bought 7 new stakes. His portfolio has only 30 stock holdings.
In this article I would like to present you the best dividend stocks, bought and sold by David Einhorn. From his nine stock and ETF purchases pay six a dividend. All of the latest dividend buys from David Einhorn yielding between .13 percent and 1.92 percent. David is no long-term dividend player. He wants a quick total return. The most important buys were ING US, Liberty Global and Market Vectors Gold Miners ETF.
On the short side, he reduced or sold out 19 stocks. 15 of them pay a dividend. The biggest impact had Cigna, Seagate Technology and Microsoft with around 3 percent impact to his portfolio.
Apple remains the biggest stock holding bet. The stake has a value of around one billion dollar. The second biggest position of David Einhorn is the car company General Motors which represents around 10.7 percent of his total portfolio. The third biggest company is the technology stock Marvell with a 9.7 percent share. Both are worth over USD 500 million.
Here are the highest yielding dividend stock holding changes:
Oaktree Capital Group LLC (NYSE:OAK) has a market capitalization of $9.73 billion. The company employs 750 people, generates revenue of $144.98 million and has a net income of $6,672.42 million. Oaktree Capital Group LLC (NYSE:OAK)’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $-638.22 million. The EBITDA margin is -440.21 percent (the operating margin is -445.31 percent and the net profit margin 4,602.21 percent).
Financial Analysis: The total debt represents 2.52 percent of Oaktree Capital Group LLC (NYSE:OAK)’s assets and the total debt in relation to the equity amounts to 361.23 percent. Due to the financial situation, a return on equity of 43.60 percent was realized by Oaktree Capital Group LLC (NYSE:OAK). Twelve trailing months earnings per share reached a value of $1.18. Last fiscal year, Oaktree Capital Group LLC (NYSE:OAK) paid $2.31 in the form of dividends to shareholders. Oaktree Capital Group LLC (NYSE:OAK) was reduced by 20.25 percent with impact to the portfolio of 0.28 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 44.67, the P/S ratio is 55.09 and the P/B ratio is finally 25.97. The dividend yield amounts to 11.42 percent and the beta ratio is not calculable.
Barrick Gold Corporation (USA) (NYSE:ABX) has a market capitalization of $18.75 billion. The company employs 20,034 people, generates revenue of $14,547.00 million and has a net income of $-677.00 million. Barrick Gold Corporation (USA) (NYSE:ABX)’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $7,760.00 million. The EBITDA margin is 53.34 percent (the operating margin is -5.73 percent and the net profit margin -4.65 percent).
Financial Analysis: The total debt represents 29.49 percent of Barrick Gold Corporation (USA) (NYSE:ABX)’s assets and the total debt in relation to the equity amounts to 63.83 percent. Due to the financial situation, a return on equity of -2.94 percent was realized by Barrick Gold. Twelve trailing months earnings per share reached a value of $-9.65. Last fiscal year, Barrick Gold Corporation (USA) (NYSE:ABX) paid $0.75 in the form of dividends to shareholders. Barrick Gold Corporation (USA) (NYSE:ABX) was sold out with impact to the portfolio of 0.88 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is not calculable, the P/S ratio is 1.28 and the P/B ratio is finally 0.86. The dividend yield amounts to 1.07 percent and the beta ratio has a value of 0.57.
Seagate Technology PLC (NASDAQ:STX) has a market capitalization of $14.65 billion. The company employs 57,900 people, generates revenue of $14,351.00 million and has a net income of $1,838.00 million. Seagate Technology PLC (NASDAQ:STX)’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,966.00 million. The EBITDA margin is 20.67 percent (the operating margin is 14.57 percent and the net profit margin 12.81 percent).
Financial Analysis: The total debt represents 30.04 percent of Seagate Technology PLC (NASDAQ:STX)’s assets and the total debt in relation to the equity amounts to 79.21 percent. Due to the financial situation, a return on equity of 52.49 percent was realized by Seagate Technology PLC (NASDAQ:STX). Twelve trailing months earnings per share reached a value of $4.81. Last fiscal year, Seagate Technology paid $1.40 in the form of dividends to shareholders. Seagate Technology PLC (NASDAQ:STX) was sold out with impact to the portfolio of 3.0 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 8.54, the P/S ratio is 1.02 and the P/B ratio is finally 4.21. The dividend yield amounts to 3.70 percent and the beta ratio has a value of 2.43.
Microsoft Corporation (NASDAQ:MSFT) has a market capitalization of $269.47 billion. The company employs 99,000 people, generates revenue of $77,849.00 million and has a net income of $21,863.00 million. Microsoft Corporation (NASDAQ:MSFT)’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $30,519.00 million. The EBITDA margin is 39.20 percent (the operating margin is 34.11 percent and the net profit margin 28.08 percent).
Financial Analysis: The total debt represents 10.95 percent of Microsoft Corporation (NASDAQ:MSFT)’s assets and the total debt in relation to the equity amounts to 19.76 percent. Due to the financial situation, a return on equity of 30.09 percent was realized by Microsoft. Twelve trailing months earnings per share reached a value of $2.59. Last fiscal year, Microsoft paid $0.92 in the form of dividends to shareholders. MSFT was sold out with impact to the portfolio of 2.70 percent.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 12.51, the P/S ratio is 3.46 and the P/B ratio is finally 3.41. The dividend yield amounts to 2.84 percent and the beta ratio has a value of 0.96.
Take a closer look at the full list of David Einhorn’s latest dividend moves. The average P/E ratio amounts to 16.24 and forward P/E ratio is 20.04. The dividend yield has a value of 2.10 percent. Price to book ratio is 3.0 and price to sales ratio 3.90. The operating margin amounts to 14.57 percent and the beta ratio is 1.25. Stocks from the list have an average debt to equity ratio of 0.47.
