2 weeks Ago By ABMN Staff
Xponance Inc. increased its position in shares of ADT Inc. ( NYSE:ADT – Free Report ) by 37.
1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,077 shares of the security and automation business’s stock after acquiring an additional 4,079 shares during the period. Xponance Inc.
’s holdings in ADT were worth $104,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors and hedge funds have also bought and sold shares of the company. Pacer Advisors Inc.
increased its holdings in shares of 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 worth $238,906,000 after purchasing an additional 3,632,502 shares during the period. Burkehill Global Management LP bought a new position in ADT in the 4th quarter worth about $13,820,000. Geode Capital Management LLC raised its holdings in shares of ADT by 35.
6% in the 3rd quarter. Geode Capital Management LLC now owns 5,875,140 shares of the security and automation business’s stock valued at $42,487,000 after acquiring an additional 1,543,677 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of ADT by 21.
4% during the 4th quarter. Bank of New York Mellon Corp now owns 5,464,151 shares of the security and automation business’s stock valued at $37,757,000 after acquiring an additional 961,785 shares during the last quarter. Finally, Charles Schwab Investment Management Inc.
grew its holdings in shares of ADT by 13.1% during the fourth quarter. Charles Schwab Investment Management Inc.
now owns 5,259,189 shares of the security and automation business’s stock worth $36,341,000 after purchasing an additional 609,842 shares in the last quarter. 87.22% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In A number of equities research analysts recently weighed in on ADT shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $9.00 target price on shares of ADT in a research note on Wednesday, January 29th.
Morgan Stanley raised their price objective on shares of ADT from $8.50 to $9.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th.
ADT Stock Performance Shares of NYSE ADT opened at $8.09 on Friday. The stock’s 50-day moving average is $7.
64 and its 200 day moving average is $7.38. The stock has a market cap of $7.
09 billion, a price-to-earnings ratio of 8.79 and a beta of 1.58.
ADT Inc. has a 1-year low of $6.10 and a 1-year high of $8.
39. The company has a current ratio of 0.81, a quick ratio of 0.
64 and a debt-to-equity ratio of 1.93. ADT Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd.
Stockholders of record on Thursday, March 13th will be issued a $0.055 dividend. The ex-dividend date is Thursday, March 13th.
This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.72%.
ADT’s payout ratio is 41.51%. About ADT ( 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. See Also Want to see what other hedge funds are holding ADT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for ADT Inc. ( NYSE:ADT – Free Report ). Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.
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