ADT Inc. (NYSE:ADT) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors boosted its stake in ADT Inc. (NYSE:ADT) by 133.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,356 shares of the security and automation business’s stock after acquiring an additional 31,610 shares during the quarter. Captrust Financial Advisors’ holdings in ADT were worth $383,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ADT. Headlands Technologies LLC purchased a new position in shares of ADT in the fourth quarter valued at $62,000. Chicago Partners Investment Group LLC acquired a new position in ADT in the 4th quarter worth $74,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in ADT in the 4th quarter valued at about $73,000. Magnetar Financial LLC acquired a new stake in shares of ADT during the fourth quarter valued at about $73,000. Finally, Federated Hermes Inc. increased its position in shares of ADT by 15.8% during the fourth quarter. Federated Hermes Inc. now owns 10,600 shares of the security and automation business’s stock worth $73,000 after acquiring an additional 1,449 shares during the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.

Insider Buying and Selling at ADT

In related news, major shareholder Apollo Management Holdings Gp, sold 50,000,000 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $8.02, for a total value of $401,000,000.00. Following the sale, the insider now owns 228,650,366 shares of the company’s stock, valued at $1,833,775,935.32. This trade represents a 17.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.70% of the stock is currently owned by insiders.

ADT Price Performance

Shares of ADT opened at $8.55 on Tuesday. ADT Inc. has a 52 week low of $6.53 and a 52 week high of $8.71. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.93. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 9.29 and a beta of 1.29. The stock has a 50 day moving average of $8.00 and a 200-day moving average of $7.61.

ADT (NYSE:ADT) last released its quarterly earnings data on Thursday, April 24th. The security and automation business reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. ADT had a net margin of 18.18% and a return on equity of 17.77%. The firm’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.16 earnings per share. As a group, analysts forecast that ADT Inc. will post 0.7 EPS for the current year.

ADT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Thursday, June 12th will be issued a $0.055 dividend. The ex-dividend date is Thursday, June 12th. This represents a $0.22 dividend on an annualized basis and a yield of 2.57%. ADT’s dividend payout ratio is currently 37.93%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Barclays raised ADT from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $7.00 to $9.00 in a report on Friday, April 4th. Royal Bank of Canada reissued a “sector perform” rating and set a $9.00 price target on shares of ADT in a research report on Monday, April 21st.

About ADT

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.