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David Einhorn’s Best Yielding Dividend Stock Buys

David Einhorn and his highest yielding dividend stock buys originally published at "long-term-investments.blogspot.com". On May 15, a full range of professional fund managers released its quarter statements. Today I like to look at the best dividend stock buys of David Einhorn. He is the head of Greenlight Capital and serves around 6.5 billion in assets. In total he has 38 stocks of which six were bought within the recent quarter. Below is a list of his 20 biggest transaction within the recent quarters.

His biggest move was related to Apple. He added the position by 83.45%, a change to his portfolio of 7.37%.

15 of his 20 largest stock buys from the recent quarters are dividend stocks. Apple is his biggest bet with a value above a billion dollar.

Here are David Einhorn's latest dividend stock purchases:
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Apple (NASDAQ:AAPL) has a market capitalization of $418.48 billion. The company employs 72,800 people, generates revenue of $156.508 billion and has a net income of $41.733 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $58.518 billion. The EBITDA margin is 37.39 percent (the operating margin is 35.30 percent and the net profit margin 26.67 percent).


Financial Analysis: The total debt represents 0.00 percent of the company’s assets and the total debt in relation to the equity amounts to 0.00 percent. Due to the financial situation, a return on equity of 42.84 percent was realized. Twelve trailing months earnings per share reached a value of $41.89. Last fiscal year, the company paid $2.65 in the form of dividends to shareholders. David increased the position by 83.45%.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 10.63, the P/S ratio is 2.67 and the P/B ratio is finally 3.54. The dividend yield amounts to 2.74 percent and the beta ratio has a value of 0.99.


Long-Term Stock Price Chart Of Apple (AAPL)
Long-Term Dividend Payment History of Apple (AAPL)
Long-Term Dividend Yield History of Apple (AAPL)

IAC/InterActiveCorp (NASDAQ:IACI) has a market capitalization of $4.27 billion. The company employs 4,200 people, generates revenue of $2.800 billion and has a net income of $169.85 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $411.82 million. The EBITDA margin is 14.70 percent (the operating margin is 11.24 percent and the net profit margin 6.06 percent).

Financial Analysis: The total debt represents 15.66 percent of the company’s assets and the total debt in relation to the equity amounts to 35.99 percent. Due to the financial situation, a return on equity of 9.45 percent was realized. Twelve trailing months earnings per share reached a value of $2.12. Last fiscal year, the company paid $0.72 in the form of dividends to shareholders. David Einhorn opened the position which had an impact of 0.3 percent to his total portfolio.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 23.89, the P/S ratio is 1.60 and the P/B ratio is finally 2.58. The dividend yield amounts to 1.89 percent and the beta ratio has a value of 0.56.


Long-Term Stock Price Chart Of IAC/InterActiveCorp (IACI)
Long-Term Dividend Yield History of IAC/InterActiveCorp (IACI)

National Bank (NYSE:NBHC) has a market capitalization of $967.98 million. The company employs 1,155 people, generates revenue of $233.48 million and has a net income of $-0.54 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $17.42 million. The EBITDA margin is 7.5 percent (the operating margin is 1.67 percent and the net profit margin -0.22 percent).

Financial Analysis: The total debt represents 0.99 percent of the company’s assets and the total debt in relation to the equity amounts to 4.92 percent. Due to the financial situation, a return on equity of -0.05 percent was realized. Twelve trailing months earnings per share reached a value of $0.00. Last fiscal year, the company paid $0.05 in the form of dividends to shareholders. David Einhorn opened the position which had an impact of 0.09 percent to his total portfolio.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 51,444.45, the P/S ratio is 4.01 and the P/B ratio is finally 0.89. The dividend yield amounts to 1.08 percent.


Long-Term Stock Price Chart Of National Bank (NBHC)
Long-Term Dividend Payment History of National Bank (NBHC)
Long-Term Dividend Yield History of National Bank (NBHC)

Hess Corp. (NYSE:HES) has a market capitalization of $23.17 billion. The company employs 14,775 people, generates revenue of $38.373 billion and has a net income of $2.063 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $7.12 billion. The EBITDA margin is 18.55 percent (the operating margin is 9.74 percent and the net profit margin 5.38 percent).

Financial Analysis: The total debt represents 18.67 percent of the company’s assets and the total debt in relation to the equity amounts to 38.46 percent. Due to the financial situation, a return on equity of 10.23 percent was realized. Twelve trailing months earnings per share reached a value of $7.78. Last fiscal year, the company paid $0.40 in the form of dividends to shareholders. David Einhorn opened the position which had an impact of 1.4 percent to his total portfolio.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 8.67, the P/S ratio is 0.60 and the P/B ratio is finally 1.09. The dividend yield amounts to 0.59 percent and the beta ratio has a value of 1.25.


Long-Term Stock Price Chart Of Hess Corp. (HES)
Long-Term Dividend Payment History of Hess Corp. (HES)
Long-Term Dividend Yield History of Hess Corp. (HES)
Take a closer look at the full list of David Einhorn's best yielding dividend stocks from the recent quarters. The average P/E ratio amounts to 20.21 and forward P/E ratio is 11.76. The dividend yield has a value of 1.67 percent. Price to book ratio is 2.17 and price to sales ratio 1.85. The operating margin amounts to 12.30 percent and the beta ratio is 1.22. Stocks from the list have an average debt to equity ratio of 0.39.

Here is the full table with some fundamentals (TTM):

David Einhorn's 20 Latest Stock Purchases (Click to enlarge)

Here are David Einhorn's 10 biggest Stock Holding Positions:

Ticker
Shares
Value ($1000)
AAPL
2,397,706
1,061,370
GM
21,172,063
589,007
MRVL
51,802,443
547,552
CI
8,186,000
510,561
AET
6,508,215
332,764
CSC
5,916,261
291,258
DLPH
5,991,820
266,036
NCR
9,359,790
257,956
VMED
4,920,000
240,932
GDX
6,004,971
227,289


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These are David Einhorn's latest portfolio movements:

Ticker
Company
Impact 
Date
Comment
AAPL
Apple Inc
7.37%
31-Mar-13
Add 83.45%
OIS
Oil States Internati...
3.40%
31-Mar-13
New holding, 2700000 sh.
HES
Hess Corp
1.40%
31-Mar-13
New holding, 1245000 sh.
SPR
Spirit AeroSystems H...
0.48%
31-Mar-13
New holding, 1652962 sh.
IACI
IAC/InterActiveCorp
0.30%
31-Mar-13
New holding, 436708 sh.
CBF
Capital Bank Financi...
0.25%
31-Mar-13
New holding, 940133 sh.
NBHC
National Bank Holdin...
0.09%
31-Mar-13
New holding, 332693 sh.
MRVL
Marvell Technology G...
2.17%
31-Dec-12
Add 58.27%
AAPL
Apple Inc
1.80%
31-Dec-12
Add 19.81%
AET
Aetna Inc
1.53%
31-Dec-12
Add 48.04%
BWC
Babcock & Wilcox Co
1.34%
31-Dec-12
Add 371.71%
MSFT
Microsoft Corporatio...
1.32%
31-Dec-12
Add 41.32%
CI
Cigna Corp
0.91%
31-Dec-12
Add 15.27%
NCR
NCR Corporation
0.80%
31-Dec-12
Add 24.06%
GOOG
Google, Inc.
0.70%
31-Dec-12
New holding, 63000 sh.
VOD
Vodafone Group PLC
0.63%
31-Dec-12
New holding, 1600000 sh.
CBS
CBS Corporation
0.62%
31-Dec-12
Add 24.26%
CSC
Computer Sciences Co...
0.53%
31-Dec-12
Add 12.38%
AHL
Aspen Insurance Hold...
0.45%
31-Dec-12
Add 21.67%
WDC
Western Digital Corp...
0.40%
31-Dec-12
New holding, 600000 sh.

Related stock ticker symbols:
VOD, AAPL, MSFT, MRVL, AHL, IACI, CSC, WDC, AET, NBHC, BWC, CBS, HES, CI, GOOG, CBF, NCR, OIS, SPR

Selected Articles:

* 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.