The latest dividend stock buys from Bruce Berkowitz and his biggest portfolio holdings originally published at "long-term-investments.blogspot.com". Bruce Berkowitz is a successful asset manager. He manages around USD 7.9 billion in assets in his management company Fairholme Capital Management. Within the recent quarter, Bruce had only 21 stocks of which 3 were new.
Today I like to show you the top stock holdings from Bruce Berkowitz as well as his latest and most influential dividend stock buys.
His biggest acquisition was Chesapeake Energy. The company was completely new in his portfolio and had an impact of 3.5 percent. The current yield of CHK is 1.66 percent. Only seven of his 20 biggest stock acquisitions pay dividends. Berkowitz is no classical dividend investors. He loves the financial sector. Around 64.3 percent of his portfolio holdings have a relationship to financials.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 13.83 and forward P/E ratio is 11.48. The dividend yield has a value of 1.21 percent. Price to book ratio is 1.07 and price to sales ratio 2.06. The operating margin amounts to 16.79 percent and the beta ratio is 1.72. Stocks from the list have an average debt to equity ratio of 1.38.
Related stock ticker symbols:
MCY, WFC, CNQ, CHK, RF, LUK, C, SHLD, MBI, GNW, CIT, BRK-A