Guru divested 17 positions from his portfolio
Ronald Muhlenkamp (Trades, Portfolio), leader of Muhlenkamp & Co. Inc., disclosed he divested 17 positions from his portfolio in the first quarter.
With the goal of maximizing returns through capital appreciation, as well as income from dividends and interest, Muhlenkamp typically invests in highly profitable companies trading at a discount.
Among the biggest positions the guru cut from his portfolio during the quarter were Hanesbrands Inc. (HBI), Universal Display Corp. (OLED), Diana Shipping Inc. (DSXpB.PFD), Boardwalk Pipeline Partners LP (BWP) and Golar LNG Ltd. (GLNG).
Muhlenkamp sold his 475,778 remaining shares of Hanesbrands for an average
311 Views Sydnee Gatewood 2018-05-14 18:07
Industry outlook and revenue visibility support Boardwalk Pipeline's growth
Boardwalk Pipeline Partners LP (BWP) along with its subsidiaries provides transportation, storage gathering and processing services for natural gas, natural gas liquids and hydrocarbons in the U.S.
Boardwalk has a well-diversified midstream business; due to its globalÂ presence, the LP is strategically positioned to meet the growing demand for its products.
Stable revenue model
The LP has a stable revenue-generation profile with around 93% of the revenue coming from fixed-fee and ship-or-pay contracts and the other 7% from interruptible contracts. Around 80% of the LP’s firm contract revenue comes from capacity reservation charges which are received monthly
114 Views Subia Khan 2017-01-03 16:14
The guru also buys Astoria Financial, Keysight Technologies, Gyrodyne and Westlake Chemical
During the third quarter many stocks got new positions in the portfolio of Michael Price (Trades, Portfolio). He bought more than 100,000 shares in Plains GP Holdings LPÂ (PAGP), MSB Financial Corp. (MSBF) and Boardwalk Pipeline Partners LPÂ (BWP).
Price is the 271st richest person in the world, according to Forbes. He has a value-based approach to investing. Price buys stock in out-of-favor small cap companies that are of good value.
Price acquired a 117,500-share stake in Plains GP Holdings LP at an average price of $21.02 per
1270 Views Samira Meskini 2015-12-30 18:47
These companies can be acquired for low share prices
According to GuruFocus' list of five-year lows, these guru stocks have reached their five-year lows: MDU Resources Group Inc. (MDU), National Fuel Gas Co. (NFG), AmeriGas Partners LP (APU) and Boardwalk Pipeline Partners LPÂ (BWP).
MDU Resources Group reached $16.82
The prices of MDU Resources Group shares have declined to $16.82, which is only 4.0% above the five-year low of $16.15. It is now 55.2% off the five-year high of $36.05. MDU Resources Group is owned by three gurus we are tracking. Among them, one added to his position during the past quarter. Two reduced their positions. MDU Resources
818 Views alicet236 2015-12-14 15:33
Good Friday – A Monthly Affair for Option Sellers
Most people go through their whole investment lives without ever experiencing the thrill of seeing options they’ve sold expire worthless, month after month. The benefits of writing (selling) options are very misunderstood.
The technique is frequently disparaged by those who do not actively take the other side of the trades they warn others against making. Monthly options expire following the third Friday of each calendar month. The end of that trading week marks the ‘use it, or lose it’ date for owners of puts and calls.
966 Views Dr. Paul Price 2014-09-21 14:57
Three separate brokerage firms decided Boardwalk Pipeline Partners (BWP) had risen enough to finally get interested in buying again. God forbid they would have told anyone to buy near the multi-year low.
The MLP’s units (similar to shares) have now gone up about 37.5% since hitting $11.99 in mid-March.
As of 3:05 p.m. on Tuesday BWP was trading for $16.50.
363 Views Dr. Paul Price 2014-04-29 22:17
EVERYTHING LOOKS CLEARER ... IN THE REAR VIEW MIRROR
Brave souls who write about stocks always subject themselves to potential embarrassment if they take a stand on the future movement of their selected company. Including both a price target and a time horizon makes you accountable if things don’t go as predicted.
For that reason many media pundits much prefer to explain what’s already happened rather than sticking their necks out. They would rather justify the (supposed) reasons why a stock recently shot higher or detail the problems that caused shares to plummet.
You can never be wrong speaking about
985 Views Dr. Paul Price 2014-04-21 01:52
According to GuruFocus list of five-year lows, these Guru stocks have reached their five-year lows: Boardwalk Pipeline Partners LP, Piedmont Office Realty Trust Inc., Murphy USA Inc. and McDermott International Inc.
Boardwalk Pipeline Partners LP (BWP) Reached the Five-Year Low of $12.60
The prices of Boardwalk Pipeline Partners LP (BWP) shares have declined to close to the 5-year low of $12.60, which is 65.0% off the five-year high of $34.23. Boardwalk Pipeline Partners LP is owned by three Gurus we are tracking. Among them, three have added to their positions during the past quarter. Zero reduced their positions. Boardwalk
750 Views alicet236 2014-03-17 14:17
According to [url=http://www.gurufocus.com/52weeklow.php?&datespan=3y]GuruFocus list of 3-year lows[/url]; Cenovus Energy Inc., Altera Corp., Boardwalk Pipeline Partners LP and RetailMeNot Inc. have all reached their three-year lows. [b]Cenovus Energy Inc. (CVE) Reached the Three-Year Low of $28.17[/b] The prices of Cenovus Energy Inc. (CVE) shares have declined to close to the three-year low of $28.17, which is 33.3% off the three-year high of $40.73. Cenovus Energy Inc. has a market cap of $21.29 billion; its shares were traded at around $28.17 with a P/E ratio of 37.10 and P/S ratio of 1.26. The dividend yield of Cenovus Energy Inc. stocks is 3.32%.
578 Views Jimmy Xiao 2013-12-16 15:48
I love high-quality dividend growth stocks, and the stocks with the longest history of consecutive payments are definitely Dividend Kings and Dividend Champions. But the big disadvantage of them is that they are also highly priced. You cannot make a greater return with stocks that have a P/E ratio of 22 and grow only at 5 percent. You need real bargains to make big profits with your assets. This problem can be solved when you look into the dividend potentials. Those stocks haven’t yet reached a longer dividend payment history but they can become a great Dividend Champion within the
579 Views Dividend 2013-06-28 22:31
Some investors are greedy and tend to overlook risks. Others are too anxious and avoid buying stocks in a larger amount. They could “lose money” or they “can get quick rich” are two psychological factors that investors prevent to make real money with investing. Both are not true and only an illusion. If you invest money into the stock market and you do it wisely and diversify, you should only count with a return close to the performance of the broad market. I believe that a return of 8 percent is realistic and good enough to beat inflation and grow
640 Views Dividend 2013-03-28 14:49
Stocks from the basic material sector could complement your portfolio and hedge it against strong commodity price increases. One industry from the basic material sector with the highest yielding stocks is the oil and gas pipeline industry. Thirty-nine companies are linked to the industry of which 37 pay dividends. Combined they have a total market capitalization of USD800 billion. Nearly 60 percent of the industry players have a yield over 5 percent and some have a really great dividend history. Thanks to the share gas boom it’s now possible that more pipeline infrastructure is needed. The average industry yield amounts
1205 Views Dividend 2013-03-14 14:39
Here is a current overview of the best yielding stocks with a market capitalization over USD2 billion that have their ex-dividend date on the next trading day. If your broker settles your trade today, you will receive the next dividend. A full list of all stocks with ex-dividend date can be found here: [url=http://ex-dividend-dates.blogspot.de/2012/05/ex-dividend-stocks-on-may-08-2012.html]Ex-Dividend Stocks May 8, 2012[/url]. In total, 43 stocks and preferred shares go ex-dividend of which 18 are yielding above 3 percent. The average yield amounts to 3.40 percent. The ex-dividend date is a major date related to the payment of dividends. If you purchase a stock
1123 Views Dividend 2012-05-07 15:32
Here is a current sheet stocks from the basic material sector with a dividend yield of more than five percent (high yield) as well as a beta ratio a less than 0.5. Exactly [url=http://long-term-investments.blogspot.com/2011/11/12-basic-material-high-yields-with-very.html]12 companies[/url] fulfilled these criteria of which two have a double digit dividend yield. Sixty-seven percent of the results come from the oil and gas pipeline industry. [b]Here are the three top high yield stocks by beta ratio:[/b] [b]Spectra Energy Partners[/b][b] ([/b][b]SEP[/b][b]) [/b]has[b] [/b]a market capitalization of $2.88 billion. The company employs 110 people, generates revenues of $197.70 million and has a net income of $147.90 million.
451 Views Dividend 2011-11-10 15:12
The oil stocks with the highest dividend yields in the industry are Pengrowth Energy Corp. (PGH), Exterran Partners L.P. (EXLP), YPF S.A. ADS (YPF), Pioneer Southwest Energy Partners L.P. (PSE) and Boardwalk Pipeline Partners (BWP). Data is from [url=http://www.gurufocus.com/dividend-stocks.php?ind=111]GuruFocus’ list of the highest yielding dividend stocks in Gurus’ portfolios[/url], which is searchable by category. [b]Pengrowth Energy Corp. (PGH)[/b] Dividend Yield: 8.7% Pengrowth Energy Trust is a Canadian energy trust with crude oil and natural gas properties in the Western Canadian Sedimentary Basin and offshore the East Coast of Canada. In the second quarter, Pengrowth earned $88.5 million in net income
1485 Views Holly LaFon 2011-09-28 22:43
A person’s character is determined by how they behave when no one else is looking and during [b][url=http://dividendsvalue.com/1481/strategically-managing-your-dividend-portfolio-in-a-downturn/]difficult times[/url][/b]. In much the same way, we can learn a lot about a company’s management when they face adversity. One metric I look at closely during a downturn is cash generation relative to earnings. The ability of a company to grow its dividend throughout the economic cycle is highly dependent on the management’s ability to generate cash in a downturn. Below are several select companies with a management confident enough to increase their cash dividends: [b]Calamos Asset Management, Inc.[/b] (CLMS) is a
1908 Views Dividends4Life 2011-02-14 12:30
This is the group of companies who raised their dividend during the week: Boardwalk Pipeline Partners LP, Ecology and Environment Inc, NuStar Energy L.P., Holly Energy Partners L.P., and Cintas Corp.
Boardwalk Pipeline Partners LP (BWP) Boardwalk Pipeline Partners LP is a master limited partnership engaged through its subsidiaries, Texas Gas Transmission, LLC and Gulf South Pipeline Company, LP, in the interstate transportation and storage of natural gas. Boardwalk Pipeline Partners Lp has a market cap of $6.46 billion; its shares were traded at around $33.25 with a P/E ratio of 27.5 and P/S ratio of 7.2. The company has
3176 Views guruek 2010-11-07 04:03
It doesn’t take much for a company to raise distributions once in a while. In fact, even companies without a shareholder friendly dividend policy could occasionally afford to raise dividends. It is only companies with strong balance sheets and ability to generate excess scash flows that could not only maintain a solid dividend payment, but also afford to increase it consistently every year. As a result enterprising dividend investors should avoid companies that only [url=http://www.dividendgrowthinvestor.com/2010/01/stocks-with-fluctuating-dividends-to.html]sporadically[/url] raise distributions, and instead follow companies that consistently raise them. I define a company as a consistent dividend payer, if it has raised distributions for
3051 Views guruek 2010-11-01 11:37
Guru Stocks Raising Dividends: BBEP, WPZ, BWP, AHGP, SPH
This is the group of companies who raised their dividend during the week: BREITBURN ENERGY PARTNERS, L.P., Williams Partners L.P., Boardwalk Pipeline Partners LP, Alliance Holdings GP L.P., and Suburban Propane Partners L.P.
BREITBURN ENERGY PARTNERS, L.P. (BBEP) BreitBurn Energy Partners L.P. is an independent oil and gas limited partnership, recently formed by a subsidiary of Provident Energy Trust, focused on the acquisition, exploitation and development of oil and gas properties. Breitburn Energy Partners, L.p. - Common Units Rep has a market cap of $884.7 million; its shares were traded at around $16.6 with a P/E ratio of 35.2 and
2270 Views guruek 2010-08-08 01:58
Companies Raising Dividends: Williams Partners, DTE Energy, Health Care REIT, Barrick Gold, Newmont Mining, Hawkins, Norfolk Southern, , Crane Co., Republic Services, Donaldson Company
Companies Raising Dividends
In a previous article I wrote that there are [url=http://www.dividendgrowthinvestor.com/2010/04/three-dividend-strategies-to-pick-from.html]three types of dividend stocks[/url]. The first type includes high yielding stocks which seldom raise dividends. This type of stocks is more suited towards investors seeking [url=http://www.dividendgrowthinvestor.com/2009/09/utility-dividends-for-current-income.html]current income[/url], since distributions will not keep up with inflation over time. The second type of [url=http://www.dividendgrowthinvestor.com/2010/08/12-high-yield-stocks-raising-dividends.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+DividendGrowthInvestor+%28Dividend+Growth+Investor%29#]dividend stocks[/url] is one in the [url=http://www.dividendgrowthinvestor.com/2009/05/sweet-spot-of-dividend-investing.html]sweet spot[/url], where strong earnings growth and average dividend yield would ensure high [url=http://www.dividendgrowthinvestor.com/2009/02/yield-on-cost-matters.html]yield on cost[/url] in a few years in addition to decent total returns. The third type of dividends stocks is the type with the lowest yields, but the highest dividend
4323 Views guruek 2010-08-02 12:51