ADT Inc. $ADT Shares Purchased by AXQ Capital LP

AXQ Capital LP raised its holdings in ADT Inc. (NYSE:ADT) by 129.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 127,026 shares of the security and automation business’s stock after acquiring an additional 71,780 shares during the period. AXQ Capital LP’s holdings in ADT were worth $1,076,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ADT. GAMMA Investing LLC grew its position in shares of ADT by 69.5% in the second quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after purchasing an additional 1,329 shares during the period. Poinciana Advisors Group LLC boosted its stake in ADT by 9.1% in the 2nd quarter. Poinciana Advisors Group LLC now owns 17,544 shares of the security and automation business’s stock worth $149,000 after buying an additional 1,470 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in ADT by 4.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 41,189 shares of the security and automation business’s stock valued at $349,000 after buying an additional 1,607 shares during the period. Northwest Wealth Management LLC grew its holdings in ADT by 16.5% in the 2nd quarter. Northwest Wealth Management LLC now owns 12,495 shares of the security and automation business’s stock valued at $106,000 after buying an additional 1,769 shares during the period. Finally, Atria Investments Inc increased its stake in shares of ADT by 13.5% during the 2nd quarter. Atria Investments Inc now owns 15,119 shares of the security and automation business’s stock valued at $128,000 after acquiring an additional 1,803 shares during the last quarter. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ADT shares. Zacks Research downgraded shares of ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Citigroup lifted their price target on shares of ADT from $9.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, August 26th. Wall Street Zen lowered ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Morgan Stanley lifted their target price on ADT from $9.00 to $9.50 and gave the company an “equal weight” rating in a report on Monday, July 28th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of ADT in a research report on Wednesday. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, ADT currently has an average rating of “Hold” and an average price target of $9.38.

ADT Stock Up 1.3%

Shares of ADT stock opened at $7.90 on Friday. ADT Inc. has a twelve month low of $6.71 and a twelve month high of $8.94. The stock has a market cap of $6.48 billion, a price-to-earnings ratio of 11.45 and a beta of 1.00. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99. The company has a fifty day moving average price of $8.51 and a 200 day moving average price of $8.48.

ADT (NYSE:ADT) last released its quarterly earnings data on Friday, April 22nd. The security and automation business reported ($0.12) EPS for the quarter. ADT had a net margin of 12.52% and a return on equity of 18.96%. The company had revenue of $1.31 billion during the quarter. Equities research analysts forecast that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a $0.055 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.22 annualized dividend and a yield of 2.8%. ADT’s dividend payout ratio (DPR) is 31.88%.

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.