Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message| ()  

Do you like to follow smart money buying trends? For a look at stocks currently favored by smart money institutional investors, we ran a screen.

We began by screening for stocks paying dividend yields above 2% and sustainable payout ratios below 50%. We then screened for those stocks that are rallying above their 20-day, 50-day, and 200-day moving averages, indicating that these stocks have strong upward momentum.

Finally, we screened for those with bullish sentiment from institutional investors, with significant net institutional purchases over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to outperform into the future.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall.

Do you think hedge funds are calling it right on these names? Use this list as a starting point for your own analysis.

List sorted by net institutional purchases over the last quarter as a percent of share float.

1. FXCM Inc. (FXCM): Provides online foreign exchange trading and related services to retail and institutional customers Worldwide. Market cap at $234.15M, most recent closing price at $11.15. Dividend yield at 2.03%, payout ratio at 31.43%. The stock is currently trading 16.40% above its 20-day moving average, 6.79% above its 50-day MA, and 7.10% above its 200-day MA. Net institutional purchases in the current quarter at 3.8M shares, which represents about 21.55% of the company's float of 17.63M shares.

2. Carnival Corporation (CCL): Operates as a cruise and vacation company. Market cap at $25.44B, most recent closing price at $32.72. Dividend yield at 2.96%, payout ratio at 48.27%. The stock is currently trading 6.53% above its 20-day moving average, 6.91% above its 50-day MA, and 6.69% above its 200-day MA. Net institutional purchases in the current quarter at 57.9M shares, which represents about 10.35% of the company's float of 559.35M shares.

3. Booz Allen Hamilton Inc. (BAH): Provides professional services primarily to US government agencies in the defense, security, and civil sectors, as well as to corporations, institutions, and not-for-profit organizations. Market cap at $2.03B, most recent closing price at $15.30. Dividend yield at 2.33%, payout ratio at 4.96%. The stock is currently trading 7.46% above its 20-day moving average, 4.10% above its 50-day MA, and 4.19% above its 200-day MA. Net institutional purchases in the current quarter at 2.2M shares, which represents about 8.13% of the company's float of 27.06M shares.

4. Cracker Barrel Old Country Store, Inc. (CBRL): Engages in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept in the United States. Market cap at $1.37B, most recent closing price at $59.15. Dividend yield at 2.68%, payout ratio at 37.57%. The stock is currently trading 1.35% above its 20-day moving average, 3.58% above its 50-day MA, and 18.81% above its 200-day MA. Net institutional purchases in the current quarter at 1.2M shares, which represents about 6.58% of the company's float of 18.24M shares.

*Institutional data sourced from Fidelity, all other data sourced from Finviz.

Source: 4 Rallying Dividend Stocks Being Bought Up By Hedge Funds