5 Ex-Dividend Stocks With Buy Ratings

NEW YORK ( TheStreet) -- The following stocks go ex-dividend Monday, meaning an investor must purchase the shares Friday to qualify for the next dividend payment: News Corp. ( NWS), Public Storage ( PSA), Ameren ( AEE), Broadridge Financial Solutions ( BR) and SPX ( SPW).

Each of the stocks received a buy rating at TheStreet Ratings.

News Corp.

James Murdoch, son of News Corp. Chairman and CEO Rupert Murdoch, resigned from his role as executive chairman of the company's U.K. publishing division on Feb. 29.

"With Publishing, we view NWSA as undervalued by ~26%; WITHOUT Publishing, we view NWSA as undervalued by 34% to 71%," Wells Fargo analysts wrote in a March 1 report. "We stripped Publishing out of our model to create a "NEW" NWSA, which led to significantly higher growth metrics. As a result, we see plenty of upside (8-45% ON TOP of our current val range) should NWSA choose to exit this business."

Forward Annual Dividend Yield: 0.9%

Rated "A+ (Buy)" by TheStreet Ratings: The company's second-quarter gross profit margin was about the same as it was last year.

News Corp. has strong liquidity. Its Quick Ratio is 1.76, which shows the company can meet its short-term cash needs.

In the second quarter, stockholders' net worth remained relatively unchanged.

TheStreet Ratings' price target is $24.15. The stock closed Thursday at $19.95 and has risen 9.74% year to date.

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Public Storage

The real estate investment trust reported last month fourth-quarter earnings of $164.2 million, or 96 cents a share, up from year-ago earnings of $121.4 million, or 71 cents.

"While PSA's domestic portfolio is showing impressive strength, its Shurgard Europe portfolio is lagging given the lack of economic growth in Europe," Jefferies analysts wrote in a Feb. 24 report. "Per mgmt, France (PSA's largest European market) is slowing, although London remains a bright spot (occupancy in 4Q11 rose YoY to 87% from 83.7%)."

Forward Annual Dividend Yield: 3.4%

Rated "A+ (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the prior year.

In the fourth quarter, stockholders' net worth decreased 4.47% from the prior year.

TheStreet Ratings' price target is $176.07. The stock closed Thursday at $129.34 and has fallen 3.81% year to date.


Ameren

The public utility reported last month fourth-quarter earnings of $25 million, or 10 cents a share, down from year-ago earnings of $52 million, or 21 cents.

Forward Annual Dividend Yield: 5%

Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was about the same as it was a year earlier.

Ameren has very weak liquidity. Its Quick Ratio is 0.45, which demonstrates a lack of ability to meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 2.48% from the prior year.

TheStreet Ratings' price target is $38.94. The stock closed Thursday at $31.91 and has fallen 3.68% year to date.

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Broadridge Financial

The technology solutions company reported last month second-quarter earnings of $6.8 million, or 5 cents a share, down from year-ago earnings of $10.4 million, or 8 cents.

"Sales are generally more weighted toward the 2H. BR expects recurring revenuegrowth of 7-8% in 12, up from 6-8% previously, fueled by slightly stronger internal growth," Credit Suisse analysts wrote in a Feb. 8 report. "Additionally, early trends in January point to improved trading volumes relative to a lackluster 2FQ."

Forward Annual Dividend Yield: 2.7%

Rated "B (Buy)" by TheStreet Ratings: The company's second-quarter gross profit margin increased from the prior year.

Broadridge Financial has strong liquidity. Its Quick Ratio is 1.78, which shows the company can meet its short-term cash needs.

In the second quarter, stockholders' net worth increased 7.56% from the previous year.

TheStreet Ratings' price target is $28.10. The stock closed Thursday at $23.99 and has risen 6.39% year to date.


SPX

The industrial products company reported last month fourth-quarter earnings of $62.5 million, or $1.24 a share, down from year-ago earnings of $65.3 million, or $1.31.

"For 2013, we estimate the full-year annualized benefit of debt pay down andshare repurchase in 2012, coupled with higher assumed margins for SPX's Industrial segment (vs. our previous forecast), should fully offset the absence of Service Solutions earnings contribution," Bank of America Merrill Lynch analysts wrote in a Feb. 23 report. "We expect SPX to start shipping large transformers by 2Q12 which should drive a material profit boost in 2013 (vs. 2012 which is still pressured by ~$10mm of ramp-up costs). We maintain our Buy rating and $80 price objective."

Forward Annual Dividend Yield: 1.4%

Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin decreased from the prior year.

SPX has average liquidity. Its Quick Ratio is 1.01, which shows the company can technically meet its short-term cash needs.

In the fourth quarter, stockholders' net worth increased 6.17% from the previous year.

TheStreet Ratings' price target is $86.20. The stock closed Thursday at $74.40 and has risen 23.44% year to date.

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-- Written by Alexandra Zendrian

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