A rising tide lifts all boats, as President John Kennedy mentioned, and we’re seeing it now on Wall Avenue, as each the S&P 500 and the NASDAQ are close to report excessive ranges. The positive factors are broad-based and actual, and replicate a rising optimism now that the election is behind us and a COVID-19 vaccine is in sight.So let’s look again, all the way in which to 1973, when economist Burton Malkiel informed us that “a blindfolded monkey throwing darts at a newspaper’s monetary pages might choose a portfolio that may do exactly in addition to one fastidiously chosen by the specialists.” He was mentioning the impact of random forces on a big sufficient pattern – and the inventory market, with over 7,000 publicly traded equities, and much more hundreds of lively merchants working every day, is unquestionably a big sufficient pattern.However that was earlier than mathematician and code-breaker Jim Simons taught us all learn how to crunch the numbers. Simons acknowledged that persons are not monkeys – and so have entry to data that transcends random results. He invented quantitative buying and selling, and adjusted the funding panorama eternally.And again within the current, Simons revealed in his most up-to-date 13F filings three new inventory positions that bear a more in-depth look. These are buy-rated shares that boast at the least a 5% dividend yield and go up from there. We used TipRanks database to seek out out what else makes these picks so compelling.Plains GP Holdings (PAGP)First up is Plains GP, an oil and gasoline midstream holding firm. Plains controls belongings within the oil and gasoline transport sector, the place it strikes the hydrocarbons from the effectively head manufacturing websites to the refineries, storage tank farms, and transport services. The corporate belongings embrace practically 19,000 miles of pipelines, 8,000 crude oil railroad tankers, practically 2,500 vehicles and tractor-trailers, and, on the rivers, 20 transport tugs and 50 barges. These belongings transfer oil and gasoline into and out of 148 million barrels price of storage capability.PAGP took a tough hit earlier this yr from declines within the value of each oil and gasoline, and from diminished demand in the course of the pandemic-inspired financial shutdowns. By Q2, income was down by greater than half, to $3.23 billion. The Q3 prime line reveals the start of a restoration, with revenues coming in at $5.83 billion. Q3 EPS was flat sequentially, at 9 cents.The corporate’s inventory value, as is likely to be anticipated from the monetary efficiency, has failed to achieve a lot traction because it fell final winter in the beginning of the corona disaster. Shares in PAGP are down 52% to this point this yr.The low share value, nonetheless, presents traders with a chance. Clearly, Jim Simons would agree. His fund staked a place in PAGP by shopping for 1,045,521 shares of the inventory. The holding is price $8.44 million on the present share value.Plains GP has saved up its dedication to the dividend. The corporate lower the cost from 36 cents per share to 18 cents for the April cost, however has saved it at that degree since then. The lower saved the yield from exploding as share value fell, and saved the cost inexpensive at present revenue ranges. The present cost annualizes to 72 cents per frequent share, and provides a yield of 8.3%.Raymond James analyst Justin Jenkins likes Plains for its capacity to generate money. He writes, “PAGP’s money movement profile has truly improved this yr. Whereas 2021 will see extra headwinds to EBITDA than 2020, decrease capex and cost-cutting measures applied for the reason that pandemic nonetheless drive an FCF inflection. We now mannequin Plains producing an all-in FCF surplus […] We proceed to consider the partnership’s outlook is significantly better than current investor sentiment within the inventory.”Consistent with these feedback, Jenkins charges PAGP a Purchase. His $9 value goal suggests it has room to develop ~10% from present ranges. (To look at Jenkins’ observe report, click on right here)General, there are three current opinions of PAGP on report, and all are Buys – making the analyst consensus right here a unanimous Sturdy Purchase. The inventory is promoting for $8.17, and its $10 common value goal implies a one-year upside of 22%. (See PAGP inventory evaluation on TipRanks)Granite Level Mortgage Belief (GPMT)Subsequent up, Granite Level Mortgage Belief, is a mortgage mortgage firm serving a US buyer base. The corporate invests in senior floating-rate industrial mortgages, in addition to originating and managing such loans. The corporate’s portfolio is valued at greater than $1.Eight billion.GPMT is exhibiting some strong messages in current monetary efficiency. The corporate beat the forecasts on earnings, reporting 27 cents per share in opposition to a 20-cent estimate, for a 35% beat. Revenues have been up year-over-year, and the corporate completed the quarter with over $353 million in money and money equivalents.That basis allowed GPMT to maintain its dividend, though the corporate did alter the cost to 20 cents per frequent share. At that price, it annualizes to 80 cents and yields a hefty 8.3%. This compares favorably to monetary sector friends – and is greater than 4x increased than the common dividend discovered amongst S&P listed corporations. Granite Level is one other of Jim Simons’ new positions. The quant billionaire purchased up 155,800 shares of this actual property funding belief (REIT), for a stake that’s now price $1.48 million. Stephen Legal guidelines, overlaying this inventory for Raymond James, sees GPMT as a possible winner for dividend traders. He writes, “We anticipate web curiosity revenue to proceed to learn from LIBOR loans in flooring, and are growing our core earnings estimates to replicate this. Whereas GPMT reinstated the quarterly dividend of $0.20 per share, the corporate nonetheless has roughly $29 million of undistributed taxable revenue at September 30. Given this, we anticipate a particular dividend of $0.40 per share to be declared previous to year-end.”The 5-star analyst charges the inventory an Outperform (i.e. Purchase), and his $11 value goal implies 16% development over the subsequent months. (To look at Legal guidelines’ observe report, click on right here)That is one other inventory with a unanimous analyst score – though the 2 current Buys make the consensus view a Average Purchase. The common value goal matches Legal guidelines’, at $11, and signifies a 16% upside from the present buying and selling value of $9.60. (See GPMT inventory evaluation on TipRanks)Phillips 66 (PSX)Final on our listing of Simons’ new purchases is Phillips 66, the oil and gasoline big. With over $107 billion in annual revenues, and greater than $58 billion in complete belongings, Phillips 66 is deeply concerned in oil manufacturing, refining, and advertising. The corporate additionally has a big presence within the petrochemical trade.The low costs, financial shutdowns, and unpredictable demand have put stress on PSX’s share value this yr, and the inventory has solely partly rebounded from final winter’s swoon. PSX is down 40% year-to-date, but it surely’s up 54% from its late-March trough.Within the third quarter, Phillips 66 noticed an EPS lack of 1 cent – however that was much better than the 80-cent misplaced which had been forecast. Revenues for the quarter got here in at $15.93 billion, up 45% from the earlier quarter.The corporate pays out 90 cents per frequent share, and has an 8-year historical past of preserving a dependable cost with occasional will increase. The annualized cost of $3.60 offers a yield of 5.4%, effectively above the utility sector common yield of three.3%.Simons, for his half, was impressed sufficient by this inventory to buy 120,800 shares. That’s a holding now price $7.47 million.In his be aware on PSX, Scotiabank’s Paul Cheng notes a number of key factors, together with some that will appear counterintuitive. “Passing of Election Day may very well set off new shopping for within the group even with a Biden win. Opposite to the widespread perception, the sector has traditionally outperformed the overall market within the first yr of a brand new Democrat Administration… Cyclical sectors might be in demand once more as traders re-focus their consideration from the election to vaccine availability,” Cheng opined. The analyst added, “…relative to different refiners, PSX ought to profit extra from a rising oil value atmosphere given their massive chemical and NGL operations.”To this finish, Cheng charges PSX an Outperform (i.e. Purchase). He units a $79 value goal, indicating an upside potential of 25% for the subsequent 12 months. (To look at Cheng’s observe report, click on right here)All in all, Phillips 66 get a broad-based thumbs-up from Wall Avenue – as clear from the 11 Purchase rankings on the inventory, giving it a Sturdy Purchase analyst consensus. (See PSX inventory evaluation on TipRanks)To search out good concepts for dividend shares buying and selling at engaging valuations, go to TipRanks’ Finest Shares to Purchase, a newly launched software that unites all of TipRanks’ fairness insights.Disclaimer: The opinions expressed on this article are solely these of the featured analysts. The content material is meant for use for informational functions solely. It is vitally essential to do your individual evaluation earlier than making any funding.