ClearAlpha Technologies LP Has $124,000 Holdings in ADT Inc. (NYSE:ADT)

ClearAlpha Technologies LP lessened its holdings in ADT Inc. (NYSE:ADT - Free Report) by 71.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,873 shares of the security and automation business's stock after selling 45,130 shares during the quarter. ClearAlpha Technologies LP's holdings in ADT were worth $124,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Stifel Financial Corp boosted its stake in shares of ADT by 110.4% in the 4th quarter. Stifel Financial Corp now owns 252,187 shares of the security and automation business's stock valued at $1,743,000 after purchasing an additional 132,327 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of ADT by 80.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 41,841 shares of the security and automation business's stock valued at $289,000 after purchasing an additional 18,648 shares in the last quarter. Natixis acquired a new stake in shares of ADT in the 4th quarter valued at $168,000. Dimensional Fund Advisors LP boosted its stake in shares of ADT by 31.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 21,453,811 shares of the security and automation business's stock valued at $148,246,000 after purchasing an additional 5,089,056 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of ADT by 16.1% in the 4th quarter. First Trust Advisors LP now owns 3,482,813 shares of the security and automation business's stock valued at $24,066,000 after purchasing an additional 482,883 shares in the last quarter. Institutional investors own 87.22% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ADT shares. Royal Bank of Canada restated a "sector perform" rating and issued a $9.00 target price on shares of ADT in a research note on Monday, April 21st. Barclays upgraded shares of ADT from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $7.00 to $9.00 in a research note on Friday, April 4th.

ADT Price Performance

NYSE ADT traded up $0.08 on Friday, hitting $7.83. 21,215,787 shares of the company were exchanged, compared to its average volume of 7,957,810. The firm has a 50 day moving average of $7.80 and a two-hundred day moving average of $7.49. The company has a market cap of $6.86 billion, a P/E ratio of 8.51 and a beta of 1.42. 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 Inc. has a 1-year low of $6.42 and a 1-year high of $8.39.

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 given a dividend of $0.055 per share. The ex-dividend date is Thursday, June 12th. This represents a $0.22 annualized dividend and a yield of 2.81%. ADT's dividend payout ratio (DPR) is 37.93%.

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.