ADT Inc. (NYSE:ADT) Holdings Lifted by AQR Capital Management LLC

AQR Capital Management LLC boosted its holdings in ADT Inc. (NYSE:ADT - Free Report) by 26.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,029,427 shares of the security and automation business's stock after acquiring an additional 1,451,154 shares during the quarter. AQR Capital Management LLC owned about 0.78% of ADT worth $48,573,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Tidal Investments LLC raised its holdings in shares of ADT by 21.9% in the 3rd quarter. Tidal Investments LLC now owns 111,052 shares of the security and automation business's stock worth $803,000 after purchasing an additional 19,920 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of ADT by 26.0% in the third quarter. JPMorgan Chase & Co. now owns 484,769 shares of the security and automation business's stock valued at $3,505,000 after buying an additional 100,134 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of ADT by 4.7% during the 4th quarter. Nordea Investment Management AB now owns 1,354,766 shares of the security and automation business's stock valued at $9,470,000 after acquiring an additional 60,327 shares during the last quarter. Claro Advisors LLC acquired a new position in shares of ADT in the 4th quarter worth $88,000. Finally, Pallas Capital Advisors LLC grew its holdings in shares of ADT by 47.6% in the 4th quarter. Pallas Capital Advisors LLC now owns 61,319 shares of the security and automation business's stock worth $424,000 after acquiring an additional 19,761 shares during the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Royal Bank of Canada reissued a "sector perform" rating and issued a $9.00 price target on shares of ADT in a research note on Monday, April 21st. Barclays raised shares of ADT from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $7.00 to $9.00 in a research report on Friday, April 4th.

ADT Stock Performance

ADT stock opened at $8.02 on Friday. The firm has a 50 day simple moving average of $7.85 and a 200 day simple moving average of $7.52. ADT Inc. has a 52 week low of $6.53 and a 52 week high of $8.39. The stock has a market cap of $7.03 billion, a P/E ratio of 8.71 and a beta of 1.42. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.64 and a current ratio of 0.81.

ADT (NYSE:ADT - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The security and automation business reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. ADT had a net margin of 18.18% and a return on equity of 17.77%. The business had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $1.25 billion. During the same period in the previous year, the company posted $0.16 EPS. ADT's revenue was up 6.5% on a year-over-year basis. Research analysts anticipate that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.055 per share. The ex-dividend date is Thursday, June 12th. This represents a $0.22 annualized dividend and a dividend yield of 2.74%. ADT's dividend payout ratio is 37.93%.

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.

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