Atria Investments Inc Has $104,000 Holdings in ADT Inc. (NYSE:ADT)

Atria Investments Inc increased its stake in shares of ADT Inc. (NYSE:ADT) by 9.9% during the fourth quarter, HoldingsChannel reports. The fund owned 15,008 shares of the security and automation business’s stock after buying an additional 1,358 shares during the period. Atria Investments Inc’s holdings in ADT were worth $104,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Pacer Advisors Inc. lifted its stake in ADT by 20.3% in the 3rd quarter. Pacer Advisors Inc. now owns 30,941,509 shares of the security and automation business’s stock valued at $223,707,000 after acquiring an additional 5,222,972 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of ADT by 35.6% in the third quarter. Geode Capital Management LLC now owns 5,875,140 shares of the security and automation business’s stock worth $42,487,000 after purchasing an additional 1,543,677 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of ADT by 21.4% in the fourth quarter. Bank of New York Mellon Corp now owns 5,464,151 shares of the security and automation business’s stock worth $37,757,000 after purchasing an additional 961,785 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in 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 during the last quarter. Finally, State Street Corp grew its position in ADT by 7.5% in the third quarter. State Street Corp now owns 6,597,684 shares of the security and automation business’s stock valued at $48,060,000 after purchasing an additional 457,918 shares in the last quarter. 87.22% of the stock is owned by institutional investors.

ADT Price Performance

Shares of ADT opened at $7.91 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.93. The company’s fifty day simple moving average is $7.50 and its 200 day simple moving average is $7.33. ADT Inc. has a 1-year low of $6.10 and a 1-year high of $8.39. The company has a market cap of $6.93 billion, a price-to-earnings ratio of 8.59 and a beta of 1.58.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.22 annualized dividend and a dividend yield of 2.78%. ADT’s dividend payout ratio is presently 41.51%.

Wall Street Analyst Weigh In

Several brokerages have commented on ADT. Morgan Stanley boosted their price target on shares of ADT from $8.50 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Royal Bank of Canada reiterated a “sector perform” rating and set a $9.00 target price on shares of ADT in a report on Wednesday, January 29th.

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.