1 day Ago By ABMN Staff
Russell Investments Group Ltd. lessened its holdings in shares of ADT Inc. ( NYSE:ADT – Free Report ) by 5.
9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 469,501 shares of the security and automation business’s stock after selling 29,586 shares during the quarter.
Russell Investments Group Ltd.’s holdings in ADT were worth $3,244,000 as of its most recent SEC filing. A number of other large investors have also modified their holdings of the business.
Vanguard Group Inc. grew its stake in ADT by 20.6% during the 4th quarter.
Vanguard Group Inc. now owns 44,555,115 shares of the security and automation business’s stock valued at $307,876,000 after purchasing an additional 7,610,709 shares during the last quarter. Pacer Advisors Inc.
boosted its position in ADT by 11.7% in the fourth quarter. Pacer Advisors Inc.
now owns 34,574,011 shares of the security and automation business’s stock valued at $238,906,000 after buying an additional 3,632,502 shares during the last quarter. Norges Bank acquired a new position in ADT in the 4th quarter worth approximately $153,824,000. Geode Capital Management LLC raised its position in ADT by 17.
0% during the 4th quarter. Geode Capital Management LLC now owns 6,876,443 shares of the security and automation business’s stock worth $47,529,000 after buying an additional 1,001,303 shares during the last quarter. Finally, State Street Corp lifted its stake in ADT by 7.
5% during the 3rd quarter. State Street Corp now owns 6,597,684 shares of the security and automation business’s stock valued at $48,060,000 after acquiring an additional 457,918 shares during the period. Hedge funds and other institutional investors own 87.
22% of the company’s stock. ADT Price Performance NYSE:ADT opened at $7.87 on Thursday.
The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.
64. The company has a 50 day moving average price of $7.75 and a 200-day moving average price of $7.
45. ADT Inc. has a 1-year low of $6.
12 and a 1-year high of $8.39. The firm has a market cap of $6.
90 billion, a price-to-earnings ratio of 8.55 and a beta of 1.42.
ADT Announces Dividend Analysts Set New Price Targets A number of analysts have recently weighed in on ADT shares. Royal Bank of Canada reiterated a “sector perform” rating and issued a $9.00 price objective on shares of ADT in a research note on Wednesday, January 29th.
Barclays raised ADT from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $7.00 to $9.00 in a research report on Friday, April 4th.
Check Out Our Latest Stock Report on ADT ADT Company Profile ( Free Report ) 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.
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