Aquatic Capital Management LLC Acquires 147,944 Shares of ADT Inc. (NYSE:ADT)

Aquatic Capital Management LLC boosted its stake in ADT Inc. (NYSE:ADT - Free Report) by 264.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 203,944 shares of the security and automation business's stock after buying an additional 147,944 shares during the period. Aquatic Capital Management LLC's holdings in ADT were worth $1,409,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new position in shares of ADT during the fourth quarter valued at approximately $62,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of ADT during the 4th quarter valued at $73,000. Magnetar Financial LLC bought a new stake in shares of ADT in the 4th quarter worth $73,000. Federated Hermes Inc. lifted its holdings in shares of ADT by 15.8% in the fourth quarter. Federated Hermes Inc. now owns 10,600 shares of the security and automation business's stock valued at $73,000 after buying an additional 1,449 shares during the period. Finally, Chicago Partners Investment Group LLC bought a new position in ADT during the fourth quarter valued at about $74,000. Institutional investors and hedge funds own 87.22% of the company's stock.

ADT Price Performance

NYSE:ADT traded up $0.13 on Friday, reaching $8.14. The stock had a trading volume of 14,456,400 shares, compared to its average volume of 8,241,294. The company has a market capitalization of $7.13 billion, a P/E ratio of 8.85 and a beta of 1.29. ADT Inc. has a 1-year low of $6.53 and a 1-year high of $8.39. The stock has a fifty day moving average price of $7.86 and a 200-day moving average price of $7.53. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.93.

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

ADT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Thursday, June 12th will be issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date is Thursday, June 12th. ADT's dividend payout ratio is currently 37.93%.

Analysts Set New Price Targets

A number of brokerages have recently commented on ADT. Royal Bank of Canada reiterated a "sector perform" rating and set a $9.00 price objective on shares of ADT in a research report on Monday, April 21st. Barclays upgraded shares of ADT from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $7.00 to $9.00 in a report on Friday, April 4th.

ADT 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.