Focus Partners Wealth Makes New $214,000 Investment in ADT Inc. (NYSE:ADT)

Focus Partners Wealth acquired a new position in ADT Inc. (NYSE:ADT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 30,900 shares of the security and automation business's stock, valued at approximately $214,000.

Several other large investors also recently made changes to their positions in ADT. Headlands Technologies LLC bought a new position in shares of ADT in the 4th quarter worth $62,000. Chicago Partners Investment Group LLC bought a new position in ADT during the 4th quarter worth about $74,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in ADT in the 4th quarter valued at approximately $73,000. Magnetar Financial LLC acquired a new stake in shares of ADT in the fourth quarter valued at approximately $73,000. Finally, Federated Hermes Inc. increased its stake in ADT by 15.8% in the 4th 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 last quarter. Institutional investors own 87.22% of the company's stock.

ADT Trading Up 0.8%

Shares of ADT stock traded up $0.07 on Thursday, reaching $8.28. 9,880,167 shares of the company's stock were exchanged, compared to its average volume of 9,398,972. The company has a market capitalization of $6.92 billion, a P/E ratio of 8.99 and a beta of 1.29. ADT Inc. has a 52 week low of $6.53 and a 52 week high of $8.71. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.64 and a current ratio of 0.81. The firm's 50-day moving average is $8.10 and its two-hundred day moving average is $7.65.

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

ADT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Thursday, June 12th will be paid a $0.055 dividend. The ex-dividend date is Thursday, June 12th. This represents a $0.22 annualized dividend and a dividend yield of 2.66%. ADT's payout ratio is presently 37.93%.

Wall Street Analyst Weigh In

ADT has been the topic of several analyst reports. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $9.00 price target on shares of ADT in a research report on Monday, April 21st. Barclays raised 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 report on Friday, April 4th.

Insider Buying and Selling at ADT

In other ADT news, major shareholder Apollo Management Holdings Gp, sold 50,000,000 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $8.02, for a total value of $401,000,000.00. Following the completion of the transaction, the insider now directly owns 228,650,366 shares of the company's stock, valued at $1,833,775,935.32. This trade represents a 17.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 2.70% of the company's stock.

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.