NEW YORK (Stockpickr) -- At Stockpickr, we track the top holdings of a variety of high-profile investors, such as Warren Buffett and Carl Icahn.
One of our most popular professional portfolios is that of George Soros' Soros Fund Management. The fund conducts a large number of transactions each quarter -- for example, in the most recent quarter, it bought 85 new stocks sold out altogether of 50. Today, we're highlighting some of its top dividend stock picks.
What follows is a closer look at five of Soros' top 30 stocks. They all comprise at least 0.7% of Soros' portfolio as of the most recently reported quarter ended June 30 and have dividend yields of at least 1%. They are ordered here by yield.
10. Nice Systems
Nice Systems (NICE) has a current yield of 1%.
Nice Systems comprises 0.7% of Soros Fund Management's portfolio as of June 30. In the most recently reported quarter, Soros decreased his stake in the stock by 27%, or 380,000 shares, to 1 million shares.
TheStreet Ratings team rates Nice Systems as a buy with a ratings score of A+. TheStreet Ratings team has this to say about its recommendation:
"We rate Nice Systems (NICE) a buy. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."
Highlights from the analysis by TheStreet Ratings team include:
- The revenue growth came in higher than the industry average of 12.1%. Since the same quarter one year prior, revenues slightly increased by 6.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
- NICE has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.05, which illustrates the ability to avoid short-term cash problems.
- Powered by its strong earnings growth of 147.36% and other important driving factors, this stock has surged by 71.16% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, NICE should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- Nice Systems reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, Nice Systems increased its bottom line by earning $1.75 versus $0.89 in the prior year. This year, the market expects an improvement in earnings ($3.03 versus $1.75).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Software industry. The net income increased by 181.5% when compared to the same quarter one year prior, rising from $10.39 million to $29.26 million.
You can view the full analysis from the report here: NICE Ratings Report