Latest stock purchases 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 bets.
In this article I would like to present you the best dividend stocks, bought by David Einhorn. From his nine stock purchases pay six dividends. 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. 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 is the full table with some fundamentals:
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.
Related Stock Ticker Symbols:
OAK, ABX, STX, MSFT, TSRA, AHL, IACI, MRVL, URS, DST, CSC, WDC, DOX, AET, DLPH, NBHC, CBS, HES, VOYA, CI