Shares of Nordson Corporation fell to a near two-month low after reporting lower-than-expected financial results. As a result, the company that makes dispensing equipment reported earnings of $1.88 per share, compared to just 31 cents in the same period last year. At the end of Q3 2021, Renaissance Technologies manages a portfolio of $77.4 billion, with $130.85 billion in discretionary funds under management. 12.38 percent of its holdings are in information technology, healthcare, finance, consumer discretionary, communications, and consumer staples industries.
Insider Monkey highlights the list of the 10 dividend stocks to buy according to billionaire Jim Simons’ hedge fund. According to billionaire Jim Simons’ Renaissance Technologies, Vodafone Group Public Limited Company is one of the best dividend stocks to buy. With a $441.5 million stake, Renaissance Technologies owns 0.57 percent of the stock of the company. In addition to fuels, lubricants, natural gas, and petrochemicals, PetroChina Company Limited specializes in these products. Billionaire Jim Simons’ fund owns more than $34 million worth of shares in 728,447 shares. There was a 44.8 percent drop in earnings per share to $0.121. Mortgage servicing assets make up the majority of the investment portfolio of New Residential Investment Corp. Jim Simons’ hedge fund has ranked the company as one of the best dividend stocks to buy, with a forward dividend yield of 9.09 percent. Gerdau S.A., based in Sao Paulo, is Latin America’s largest producer of long steel. On December 10, Goldman Sachs analyst Marcio Farid began coverage with a Buy rating and a R$360 price target. Incorporated in Israel, Gilat Satellite Networks Ltd. provides satellite communication services as well as relevant equipment. To supply solid-state amplifiers for military satellite communication, the company signed a $5 million contract with a Tier-1 US global military terminal provider. For more details, click 10 Dividend Stocks To Buy According To Billionaire Jim Simons’ Hedge Fund.