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

Bailard Inc. purchased a new stake in ADT Inc. (NYSE:ADT - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 37,000 shares of the security and automation business's stock, valued at approximately $301,000.

A number of other large investors have also recently added to or reduced their stakes in ADT. Burns Matteson Capital Management LLC raised its stake in ADT by 8.1% in the first quarter. Burns Matteson Capital Management LLC now owns 51,233 shares of the security and automation business's stock valued at $417,000 after buying an additional 3,823 shares in the last quarter. Parcion Private Wealth LLC acquired a new stake in shares of ADT during the 1st quarter valued at approximately $107,000. Victory Capital Management Inc. raised its position in shares of ADT by 1,647.8% during the 1st quarter. Victory Capital Management Inc. now owns 3,346,949 shares of the security and automation business's stock worth $27,244,000 after purchasing an additional 3,155,454 shares during the last quarter. CWM LLC grew its stake in ADT by 124.0% in the 1st quarter. CWM LLC now owns 335,034 shares of the security and automation business's stock worth $2,727,000 after acquiring an additional 185,476 shares during the period. Finally, New York State Common Retirement Fund grew its stake in shares of ADT by 20.4% during the 1st quarter. New York State Common Retirement Fund now owns 206,476 shares of the security and automation business's stock valued at $1,681,000 after buying an additional 35,000 shares during the period. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at ADT

In related news, major shareholder Apollo Management Holdings Gp, sold 45,000,000 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $8.27, for a total value of $372,150,000.00. Following the transaction, the insider directly owned 183,650,366 shares in the company, valued at approximately $1,518,788,526.82. This represents a 19.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.70% of the stock is currently owned by corporate insiders.

ADT Price Performance

Shares of ADT stock traded up $0.26 on Thursday, reaching $8.69. 10,401,919 shares of the stock were exchanged, compared to its average volume of 15,085,070. The firm's 50 day moving average is $8.38 and its 200-day moving average is $7.94. ADT Inc. has a one year low of $6.53 and a one year 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 $7.27 billion, a PE ratio of 14.92 and a beta of 1.21.

ADT (NYSE:ADT - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. ADT had a net margin of 11.03% and a return on equity of 17.23%. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the business earned $0.17 EPS. The company's revenue was up 6.8% compared to the same quarter last year. As a group, analysts anticipate that ADT Inc. will post 0.7 EPS for the current fiscal year.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 2.53%. ADT's dividend payout ratio is currently 37.93%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ADT. Barclays upgraded shares of ADT from an "underweight" rating to an "equal weight" rating and increased their price objective for the stock from $7.00 to $9.00 in a research note on Friday, April 4th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $9.00 target price on shares of ADT in a research report 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.