Guru Stocks Raising Dividends: Lazard, Digital Realty Trust, Inc., Alliance Resource Partners LP, El Paso Pipeline Partners LP, Inergy, L.P.

Guru Stocks Raising Dividends

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Aug 09, 2009
These are the companies who raised their dividend during the week: Lazard (LAZ, Financial), Digital Realty Trust, Inc. (DLR, Financial), Alliance Resource Partners LP (ARLP, Financial), El Paso Pipeline Partners LP (EPB, Financial), and Inergy, L.P. (NRGY, Financial).

1. Lazard Ltd. (LAZ)

Lazard Ltd ( LAZ) announced that its board of directors has declared a 25 % increase to its quarterly dividend to 12.50 cents per share. Lazard is a preeminent international financial advisory and asset management firm that has long specialized in crafting solutions to the complex financial and strategic challenges of their clients. They serve a diverse set of clients around the world including corporations partnerships institutions governments and high-net-worth individuals. Lazard Ltd has a market cap of $3.35 billion; its shares were traded at around $38.53 with a P/E ratio of 35.6 and P/S ratio of 2. The dividend yield of Lazard Ltd stocks is 1.1%.

Lazard Ltd is owned by 2 Gurus.

John Keeley owns 133,000 shares as of 03/31/2009, an increase of 14.66% from the previous quarter. This position accounts for 0.08% of the $4.75 billion portfolio of Keeley Fund Management. John Keeley owns 133,000 shares as of 03/31/2009, which accounts for 0.08% of the $4.75 billion portfolio of Keeley Fund Management. Kenneth Fisher owns 1,125,825 shares as of 06/30/2009, which accounts for 0.12% of the $24.67 billion portfolio of Fisher Asset Management, LLC.

Sell: CFO Michael J Castellano sold 49,969 shares of LAZ stock on 06/05/2009 at the average price of $26; the price of the stock has increased by 48.19% since. Sell: Vice Chairman Steven J Golub sold 314,614 shares of LAZ stock on 06/05/2009 at the average price of $26; the price of the stock has increased by 48.19% since. Sell: General Counsel Scott D Hoffman sold 60,167 shares of LAZ stock on 06/05/2009 at the average price of $26; the price of the stock has increased by 48.19% since. Sell: Director Vernon E Jr Jordan sold 33,405 shares of LAZ stock on 06/05/2009 at the average price of $26; the price of the stock has increased by 48.19% since. Sell: COO Alexander F. Stern sold 41,023 shares of LAZ stock on 06/05/2009 at the average price of $26; the price of the stock has increased by 48.19% since. Sell: President Charles Ward sold 273,486 shares of LAZ stock on 06/05/2009 at the average price of $26; the price of the stock has increased by 48.19% since.

2. Digital Realty Trust, Inc. (DLR)

Digital Realty Trust, Inc. ( DLR) increased its quarterly dividend by 9.10% to 36 cents per share. Digital Realty Trust owns acquires repositions and manages technology-related real estate. The Company's properties contain applications and operations critical to the day-to-day operations of technology industry tenants. Digital Realty Trust Inc. has a market cap of $3.5 billion; its shares were traded at around $45.99 with a P/E ratio of 16.1 and P/S ratio of 6.7. The dividend yield of Digital Realty Trust Inc. stocks is 2.9%.

Digital Realty Trust, Inc. recently reported fiscal results for its second quarter 2009 ended June 30, 2009. The company announced its total revenue of $155.0 million and net income of $21.1 million ($0.13 per diluted share). This is compared to the same quarter last year which included total revenue of $149.1 and a net income of $3.1 ($0.05 per diluted share).

Ken Heebner owns 1,885,400 shares as of 03/31/2009, which accounts for 1.16% of the $5.4 billion portfolio of CAPITAL GROWTH MANAGEMENT LP. Richard Aster Jr owns 812,338 shares as of 06/30/2009, which accounts for 1.47% of the $1.98 billion portfolio of Meridian Fund. Ron Baron owns 2,808,252 shares as of 03/31/2009, which accounts for 0.97% of the $9.64 billion portfolio of Baron Funds. Chris Davis owns 1,701,897 shares as of 03/31/2009, a decrease of 36.97% of from the previous quarter.This position accounts for 0.15% of the $38.73 billion portfolio of Davis Selected Advisers.Ă‚

Sell: CFO and CIO A William Stein sold 36,000 more shares of DLR stock on 07/30/2009 at the average price of $40, 36,000 more shares of DLR stock on 08/04/2009 at the average price of $42, and 37,813 shares of DLR stock on 08/05/2009 at the average price of $44; the price of the stock has increased by 4.52% since. Buy: Director Kathleen Earley bought 1,000 shares of DLR stock on 05/06/2009 at the average price of $37.26; the price of the stock has increased by 23.43% since. Sell: SVP, Sales & Tech. Services Christopher James Jr Crosby sold 24,319 shares of DLR stock on 05/12/2009 at the average price of $36; the price of the stock has increased by 27.75% since. Sell: Senior VP, Acquisitions Scott E Peterson sold 64,935 shares of DLR stock on 04/03/2009 at the average price of $37; the price of the stock has increased by 24.3% since. Sell: Sr. VP, Portfolio & Tech Ops James Trout sold 1,335 shares of DLR stock on 02/25/2009 at the average price of $28.35; the price of the stock has increased by 62.22% since.

3. Alliance Resource Partners LP (ARLP)

Alliance Resource Partners LP ( ARLP) announced an increase to its quarterly distributions to 74.50 cents per share. ALLIANCE RESOURCES is a diversified producer and marketer of coal to major U.S. utilities and industrial users. They currently operate mining complexes in Illinois Indiana Kentucky and Maryland. Some of their mining complexes are underground and one has both surface and underground mines. They produce a diverse range of steam coals with varying sulfur and heat contents which enable them to satisfy the broad range of specifications demanded by their customers. Alliance Resource Partners L.P. has a market cap of $1.32 billion; its shares were traded at around $36 with a P/E ratio of 11.7 and P/S ratio of 1.2. The dividend yield of Alliance Resource Partners L.P. stocks is 8.1%. Alliance Resource Partners L.P. had an annual average earning growth of 10.9% over the past 5 years.

Buy: Director John H Robinson bought 9,000 shares of ARLP stock on 02/20/2009 at the average price of $25.55; the price of the stock has increased by 40.9% since.

4. El Paso Pipeline Partners LP (EPB)

El Paso Pipeline Partners LP ( EPB) which last week approved a 1% increase over the last quarterly distribution to 33 cents per unit. El Paso Pipeline Partners are a growth-oriented Delaware limited partnership formed by El Paso Corporation to own and operate natural gas transportation pipelines storage and other midstream assets. Their initial assets consist of Wyoming Interstate Company Ltd. or WIC a wholly-owned interstate pipeline transportation business primarily located in Wyoming and Colorado and ten percent general partner interests in two interstate pipeline transportation businesses: Colorado Interstate Gas Company or CIG which is located in the U.S. Rocky Mountains and Southern Natural Gas Company or SNG which is located in the southeastern United States. El Paso Pipeline Partners L.P. has a market cap of $1.85 billion; its shares were traded at around $19.3 with a P/E ratio of 14.3 and P/S ratio of 13. The dividend yield of El Paso Pipeline Partners L.P. stocks is 6.8%.

El Paso Pipeline Partners LP recently reported fiscal results for its first quarter 2009 ended March 31, 2009. The company announced its total revenues of $21.9 million and net income of $4.6 million ($0.40 per diluted share). This is compared to the same quarter last year which included total revenues of $33.7 and a net income of $27.6 million ($0.32 per diluted share).

5. Inergy, L.P. (NRGY)

The board of directors of Inergy, L.P.’s ( NRGY) general partner announced an increase to its quarterly distributions to 66.50 cents per unit.

Inergy L.P. owns and operates a rapidly growing retail and wholesale propane marketing and distribution business. Their retail business includes the retail marketing sale and distribution of propane to residential commercial industrial and agricultural customers. Inergy L.P. has a market cap of $1.54 billion; its shares were traded at around $27.65 with a P/E ratio of 21.7 and P/S ratio of 0.8. The dividend yield of Inergy L.P. stocks is 9.6%. Inergy L.P. had an annual average earning growth of 7.5% over the past 5 years.

Buy: President/CEO John J Sherman bought 5,000 shares of NRGY stock on 05/07/2009 at the average price of $22.5; the price of the stock has increased by 22.89% since. Sell: EVP/CFO R Brooks Sherman sold 20,000 shares of NRGY stock on 06/04/2009 at the average price of $25.41; the price of the stock has increased by 8.82% since. Sell: SVP - General Counsel Laura Ozenberger sold 25,000 shares of NRGY stock on 06/05/2009 at the average price of $25.63; the price of the stock has increased by 7.88% since. Sell: SVP of Inergy GP, LLC Carl A Hughes sold 73,284 shares of NRGY stock on 05/28/2009 at the average price of $24.59; the price of the stock has increased by 12.44% since.