ADT Inc. (NYSE:ADT) Shares Acquired by Two Sigma Investments LP

Two Sigma Investments LP grew its stake in ADT Inc. (NYSE:ADT - Free Report) by 262.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 804,476 shares of the security and automation business's stock after purchasing an additional 582,276 shares during the period. Two Sigma Investments LP owned approximately 0.09% of ADT worth $5,559,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Tidal Investments LLC lifted its stake in shares of ADT by 21.7% in the 4th quarter. Tidal Investments LLC now owns 135,118 shares of the security and automation business's stock valued at $934,000 after purchasing an additional 24,066 shares during the last quarter. True Wealth Design LLC bought a new stake in shares of ADT during the 4th quarter worth approximately $36,000. State of Wyoming lifted its stake in shares of ADT by 5.0% during the 4th quarter. State of Wyoming now owns 43,661 shares of the security and automation business's stock worth $302,000 after acquiring an additional 2,092 shares during the last quarter. Seven Grand Managers LLC bought a new stake in shares of ADT during the 4th quarter worth approximately $3,455,000. Finally, Sherbrooke Park Advisers LLC bought a new stake in shares of ADT during the 4th quarter worth approximately $298,000. 87.22% of the stock is owned by institutional investors.

Insider Activity

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

ADT Trading Up 0.6%

ADT traded up $0.05 during trading on Friday, hitting $8.32. 14,577,764 shares of the stock were exchanged, compared to its average volume of 9,455,228. The firm has a 50 day simple moving average of $8.10 and a 200 day simple moving average of $7.66. The firm has a market cap of $6.96 billion, a price-to-earnings ratio of 9.04 and a beta of 1.29. ADT Inc. has a 1 year low of $6.53 and a 1 year 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.

ADT (NYSE:ADT - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS. As a group, equities analysts expect that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

The business 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 $0.055 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.64%. ADT's dividend payout ratio is presently 37.93%.

Wall Street Analyst Weigh In

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

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.