Cwm LLC Buys 993,137 Shares of ADT Inc. $ADT

Cwm LLC lifted its stake in shares of ADT Inc. (NYSE:ADT) by 235.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,414,830 shares of the security and automation business’s stock after purchasing an additional 993,137 shares during the quarter. Cwm LLC owned 0.17% of ADT worth $12,323,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Harbor Capital Advisors Inc. bought a new stake in ADT during the third quarter worth about $25,000. GAMMA Investing LLC raised its position in shares of ADT by 69.5% in the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after buying an additional 1,329 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of ADT by 39.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after acquiring an additional 1,240 shares during the period. AlphaQuest LLC boosted its position in shares of ADT by 80.9% during the 1st quarter. AlphaQuest LLC now owns 5,301 shares of the security and automation business’s stock worth $43,000 after acquiring an additional 2,370 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of ADT during the 2nd quarter worth approximately $50,000. Institutional investors and hedge funds own 87.22% of the company’s stock.

ADT Stock Up 0.8%

Shares of NYSE:ADT opened at $8.15 on Monday. ADT Inc. has a 52-week low of $6.78 and a 52-week high of $8.94. The company has a market capitalization of $6.68 billion, a PE ratio of 11.80 and a beta of 0.94. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.54 and a current ratio of 0.67. The company has a fifty day moving average of $8.24 and a 200-day moving average of $8.44.

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

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.22 annualized dividend and a dividend yield of 2.7%. ADT’s dividend payout ratio is currently 31.88%.

Analyst Upgrades and Downgrades

Several research analysts have commented on ADT shares. Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 22nd. Wall Street Zen lowered ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley dropped their price objective on ADT from $9.50 to $9.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. Finally, Zacks Research lowered ADT from a “hold” rating to a “strong sell” rating in a research note on Friday, December 19th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9.25.

ADT Profile

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.