Private Advisor Group LLC Purchases New Shares in ADT Inc. (NYSE:ADT)

Private Advisor Group LLC purchased a new stake in shares of ADT Inc. (NYSE:ADT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,971 shares of the security and automation business’s stock, valued at approximately $159,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quantbot Technologies LP increased its holdings in ADT by 452.9% during the 1st quarter. Quantbot Technologies LP now owns 179,036 shares of the security and automation business’s stock valued at $1,203,000 after purchasing an additional 146,657 shares in the last quarter. Vanguard Group Inc. increased its holdings in ADT by 10.7% during the 1st quarter. Vanguard Group Inc. now owns 35,406,307 shares of the security and automation business’s stock valued at $237,930,000 after purchasing an additional 3,427,575 shares in the last quarter. Boston Partners increased its holdings in ADT by 246.8% during the 1st quarter. Boston Partners now owns 192,468 shares of the security and automation business’s stock valued at $1,293,000 after purchasing an additional 136,977 shares in the last quarter. Jane Street Group LLC increased its holdings in ADT by 8,206.7% during the 1st quarter. Jane Street Group LLC now owns 3,228,796 shares of the security and automation business’s stock valued at $21,698,000 after purchasing an additional 3,189,926 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of ADT by 3.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 170,883 shares of the security and automation business’s stock valued at $1,299,000 after buying an additional 6,078 shares during the period. 87.22% of the stock is owned by institutional investors and hedge funds.

ADT Trading Up 0.5 %

ADT stock opened at $7.80 on Friday. The company has a market cap of $7.07 billion, a P/E ratio of 8.47 and a beta of 1.52. ADT Inc. has a twelve month low of $5.63 and a twelve month high of $8.25. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.93. The business has a fifty day moving average of $7.20 and a 200-day moving average of $7.24.

ADT (NYSE:ADT) last announced its quarterly earnings data on Thursday, October 24th. The security and automation business reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. ADT had a return on equity of 17.77% and a net margin of 18.18%. The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the firm earned $0.07 earnings per share. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. As a group, equities research analysts expect that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.82%. ADT’s dividend payout ratio (DPR) is presently 23.91%.

Analyst Ratings Changes

A number of research firms have recently weighed in on ADT. Royal Bank of Canada boosted their target price on ADT from $8.00 to $9.00 and gave the stock a “sector perform” rating in a research report on Friday, October 25th. The Goldman Sachs Group boosted their target price on ADT from $8.20 to $9.20 and gave the stock a “buy” rating in a research report on Friday, October 25th.

ADT Profile

ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.