20,467 Shares in ADT Inc. (NYSE:ADT) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in shares of ADT Inc. (NYSE:ADT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,467 shares of the security and automation business’s stock, valued at approximately $140,000.

Other large investors have also added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its holdings in shares of ADT by 21.3% in the 4th quarter. Pacer Advisors Inc. now owns 15,627,166 shares of the security and automation business’s stock valued at $106,577,000 after purchasing an additional 2,740,447 shares in the last quarter. Cooper Financial Group acquired a new stake in shares of ADT in the 4th quarter valued at $155,000. SG Americas Securities LLC boosted its holdings in shares of ADT by 26.7% in the 4th quarter. SG Americas Securities LLC now owns 112,957 shares of the security and automation business’s stock valued at $770,000 after purchasing an additional 23,774 shares in the last quarter. Nordea Investment Management AB acquired a new stake in shares of ADT in the 4th quarter valued at $6,696,000. Finally, Vanguard Group Inc. boosted its holdings in shares of ADT by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 31,926,013 shares of the security and automation business’s stock valued at $191,556,000 after purchasing an additional 180,785 shares in the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ADT. The Goldman Sachs Group raised their target price on ADT from $7.50 to $8.30 and gave the company a “buy” rating in a report on Thursday, February 29th. Barclays dropped their price target on ADT from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Friday, March 22nd.

ADT Stock Up 1.9 %

Shares of ADT opened at $6.55 on Tuesday. ADT Inc. has a 52 week low of $4.89 and a 52 week high of $7.60. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 9.36 and a beta of 1.57. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.56 and a current ratio of 0.71. The stock has a fifty day moving average of $6.59 and a 200-day moving average of $6.44.

ADT (NYSE:ADT) last announced its quarterly earnings results on Thursday, April 25th. The security and automation business reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. ADT had a return on equity of 15.98% and a net margin of 12.81%. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the prior year, the company earned $0.11 EPS. ADT’s revenue was down 5.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that ADT Inc. will post 0.67 earnings per share for the current fiscal year.

ADT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Thursday, June 13th will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 3.36%. The ex-dividend date is Thursday, June 13th. ADT’s dividend payout ratio is currently 31.43%.

ADT Company Profile

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.