37,000 Shares in ADT Inc. (NYSE:ADT) Bought by Bailard Inc.

Bailard Inc. acquired a new stake in ADT Inc. (NYSE:ADT - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 37,000 shares of the security and automation business's stock, valued at approximately $301,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc acquired a new stake in shares of ADT during the 1st quarter valued at $35,000. True Wealth Design LLC bought a new position in ADT in the fourth quarter valued at about $36,000. Headlands Technologies LLC acquired a new stake in shares of ADT during the fourth quarter valued at about $62,000. Magnetar Financial LLC bought a new stake in shares of ADT during the fourth quarter worth about $73,000. Finally, Federated Hermes Inc. grew its holdings in shares of ADT by 15.8% during the fourth quarter. Federated Hermes Inc. now owns 10,600 shares of the security and automation business's stock worth $73,000 after purchasing an additional 1,449 shares during the last quarter. Institutional investors own 87.22% of the company's stock.

Analyst Ratings Changes

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

ADT Trading Up 2.9%

Shares of ADT stock traded up $0.25 on Thursday, hitting $8.68. The company had a trading volume of 25,705,599 shares, compared to its average volume of 10,788,154. ADT Inc. has a twelve month low of $6.53 and a twelve month high of $8.80. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.60 and a current ratio of 0.77. The firm has a market cap of $7.26 billion, a P/E ratio of 14.96 and a beta of 1.21. The stock's 50-day moving average is $8.38 and its two-hundred day moving average is $7.95.

ADT (NYSE:ADT - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The security and automation business reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. ADT had a net margin of 11.03% and a return on equity of 17.23%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the firm posted $0.16 EPS. The company's quarterly revenue was up 6.5% on a year-over-year basis. On average, equities 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 Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.54%. ADT's dividend payout ratio (DPR) is currently 37.93%.

Insiders Place Their Bets

In other news, major shareholder Apollo Management Holdings Gp, sold 45,000,000 shares of ADT stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $8.27, for a total value of $372,150,000.00. Following the completion of the transaction, the insider directly owned 183,650,366 shares of the company's stock, valued at approximately $1,518,788,526.82. This trade represents a 19.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.70% of the company's stock.

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.