Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Best Dividend Buys At Greenlight Capital

Published 08/15/2013, 06:45 AM
Updated 07/09/2023, 06:31 AM
MSFT
-
BP
-
GC
-
BETI
-

David Einhorn has 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 the best dividend stocks, bought and sold by David Einhorn. From his nine stock and ETF purchases six pay a dividend. All of the latest dividend buys from Einhorn yield between .13 percent and 1.92 percent. He 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. Cigna, Seagate Technology and Microsoft had the largest impact with around 3 percent changes 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.

Oaktree Capital (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’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’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. Twelve trailing months earnings per share reached a value of $1.18. Last fiscal year, Oaktree Capital paid $2.31 in the form of dividends to shareholders. 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.
Long-Term Stock Price Chart Of Oaktree Capital (OAK)
Long-Term Dividend Payment History of Oaktree Capital (OAK)
Long-Term Dividend Yield History of Oaktree Capital (OAK)
Barrick Gold (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’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’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 paid $0.75 in the form of dividends to shareholders. 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.
Long-Term Stock Price Chart Of Barrick Gold (ABX)
Long-Term Dividend Payment History of Barrick Gold (ABX)
Long-Term Dividend Yield History of Barrick Gold (ABX)
Seagate Technology (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’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’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. 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. 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.
Long-Term Stock Price Chart Of Seagate Technology (STX)
Long-Term Dividend Payment History of Seagate Technology (STX)
Long-Term Dividend Yield History of Seagate Technology (STX)
Microsoft (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’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’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.
Long-Term Stock Price Chart Of Microsoft (MSFT)
Long-Term Dividend Payment History of Microsoft (MSFT)
Long-Term Dividend Yield History of Microsoft (MSFT)
In 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.

latest stock transactions
Here is the full table with some fundamentals (TTM):
David Einhorn's Latest Dividend Stock Buys and Sells

Ticker  Company
Related Stock Ticker Symbols:
OAK, ABX, STX, MSFT, TSRA, AHL, IACI, MRVL, URS, DST, CSC, WDC, DOX, AET,
DLPH, NBHC, CBS, HES, VOYA, CI

Disclaimer: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I receive no compensation to write about any specific stock, sector or theme.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.