ADT Inc. (NYSE:ADT) Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP boosted its stake in ADT Inc. (NYSE:ADT - Free Report) by 289.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 175,015 shares of the security and automation business's stock after purchasing an additional 130,111 shares during the period. GSA Capital Partners LLP's holdings in ADT were worth $1,425,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of ADT during the 4th quarter worth $153,824,000. Vanguard Group Inc. lifted its position in ADT by 20.6% in the fourth quarter. Vanguard Group Inc. now owns 44,555,115 shares of the security and automation business's stock valued at $307,876,000 after acquiring an additional 7,610,709 shares during the last quarter. Zimmer Partners LP purchased a new stake in ADT in the fourth quarter valued at $48,687,000. Dimensional Fund Advisors LP lifted its position in ADT by 31.1% in the fourth 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 acquiring an additional 5,089,056 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in ADT by 1,647.8% in the first quarter. Victory Capital Management Inc. now owns 3,346,949 shares of the security and automation business's stock valued at $27,244,000 after acquiring an additional 3,155,454 shares during the last quarter. Institutional investors and hedge funds own 87.22% of the company's stock.

Insider Activity

In other ADT news, major shareholder Apollo Management Holdings Gp, sold 71,000,000 shares of the company's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $8.31, for a total value of $590,010,000.00. Following the sale, the insider owned 112,650,366 shares of the company's stock, valued at $936,124,541.46. This represents a 38.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 166,000,000 shares of company stock valued at $1,363,160,000 over the last quarter. 2.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on ADT. Royal Bank Of Canada reissued a "sector perform" rating and issued a $9.00 price target on shares of ADT in a research report on Monday, April 21st. Morgan Stanley set a $9.50 target price on shares of ADT and gave the company an "equal weight" rating in a report on Monday. Finally, Barclays raised shares of ADT from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $7.00 to $9.00 in a report on Friday, April 4th.

ADT Stock Performance

Shares of ADT stock traded up $0.03 on Wednesday, reaching $8.37. 13,489,749 shares of the stock were exchanged, compared to its average volume of 12,915,323. ADT Inc. has a 1-year low of $6.53 and a 1-year high of $8.80. The company has a current ratio of 0.46, a quick ratio of 0.37 and a debt-to-equity ratio of 1.84. The business has a fifty day moving average price of $8.37 and a two-hundred day moving average price of $7.99. The firm has a market capitalization of $7.00 billion, a PE ratio of 12.68 and a beta of 1.21.

ADT (NYSE:ADT - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.04. ADT had a net margin of 12.30% and a return on equity of 18.58%. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the previous year, the business posted $0.17 earnings per share. The business's revenue was up 6.8% compared to the same quarter last year. As a group, research analysts anticipate that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 2.63%. The ex-dividend date is Thursday, September 11th. ADT's dividend payout ratio (DPR) is presently 33.33%.

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.