ADT Inc. (NYSE:ADT) Shares Bought by Xponance Inc.

Xponance Inc. grew its position in shares of ADT Inc. (NYSE:ADT) by 22.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,407 shares of the security and automation business’s stock after purchasing an additional 3,330 shares during the period. Xponance Inc.’s holdings in ADT were worth $150,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of ADT. Raymond James Financial Inc. acquired a new stake in shares of ADT during the 4th quarter worth about $1,153,000. Swiss National Bank boosted its position in shares of ADT by 0.9% in the fourth quarter. Swiss National Bank now owns 590,021 shares of the security and automation business’s stock worth $4,077,000 after acquiring an additional 5,500 shares during the last quarter. Magnetar Financial LLC acquired a new stake in shares of ADT in the fourth quarter worth approximately $73,000. Sciencast Management LP acquired a new stake in shares of ADT in the fourth quarter worth approximately $100,000. Finally, Quantbot Technologies LP boosted its position in shares of ADT by 47.1% in the fourth quarter. Quantbot Technologies LP now owns 366,793 shares of the security and automation business’s stock worth $2,535,000 after acquiring an additional 117,423 shares during the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on ADT. Barclays raised shares of ADT from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $7.00 to $9.00 in a research report on Friday, April 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $9.00 target price on shares of ADT in a research report on Monday, April 21st.

Insider Activity

In other news, major shareholder Apollo Management Holdings Gp, sold 45,000,000 shares of ADT stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $8.27, for a total transaction of $372,150,000.00. Following the sale, the insider owned 183,650,366 shares in the company, valued at $1,518,788,526.82. This trade represents a 19.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by corporate insiders.

ADT Trading Down 0.5%

Shares of ADT stock opened at $8.46 on Monday. The stock has a market cap of $7.08 billion, a price-to-earnings ratio of 14.59 and a beta of 1.21. The company has a quick ratio of 0.60, a current ratio of 0.77 and a debt-to-equity ratio of 2.10. ADT Inc. has a fifty-two week low of $6.53 and a fifty-two week high of $8.72. The firm’s 50 day moving average price is $8.38 and its two-hundred day moving average price is $7.93.

ADT (NYSE:ADT) last announced its quarterly earnings results on Thursday, April 24th. The security and automation business reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. ADT had a net margin of 11.03% and a return on equity of 17.23%. ADT’s revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.16 earnings per share. On average, analysts anticipate that ADT Inc. will post 0.7 EPS for the current year.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Thursday, June 12th were paid a dividend of $0.055 per share. The ex-dividend date was Thursday, June 12th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.60%. ADT’s dividend payout ratio is currently 37.93%.

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.