90,779 Shares in ADT Inc. (NYSE:ADT) Purchased by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. bought a new stake in shares of ADT Inc. (NYSE:ADT - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 90,779 shares of the security and automation business's stock, valued at approximately $739,000.

Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of ADT during the fourth quarter worth $153,824,000. Vanguard Group Inc. boosted its holdings in ADT by 20.6% during the fourth quarter. Vanguard Group Inc. now owns 44,555,115 shares of the security and automation business's stock worth $307,876,000 after buying an additional 7,610,709 shares during the last quarter. Zimmer Partners LP acquired a new position in shares of ADT during the 4th quarter worth about $48,687,000. Dimensional Fund Advisors LP grew its position in shares of ADT by 31.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 21,453,811 shares of the security and automation business's stock worth $148,246,000 after buying an additional 5,089,056 shares during the period. Finally, Burkehill Global Management LP bought a new stake in shares of ADT in the 4th quarter valued at about $13,820,000. Institutional investors and hedge funds own 87.22% of the company's stock.

ADT Stock Up 0.7%

Shares of NYSE:ADT traded up $0.06 during trading on Thursday, hitting $8.42. 10,052,809 shares of the company's stock traded hands, compared to its average volume of 10,303,921. The company has a 50-day moving average price of $8.22 and a 200-day moving average price of $7.75. ADT Inc. has a 52 week low of $6.53 and a 52 week high of $8.72. The company has a current ratio of 0.77, a quick ratio of 0.60 and a debt-to-equity ratio of 2.10. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 14.51 and a beta of 1.23.

ADT (NYSE:ADT - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The security and automation business reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. ADT had a net margin of 11.03% and a return on equity of 17.23%. The business's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 earnings per share. As a group, research analysts forecast that ADT Inc. will post 0.7 EPS for the current fiscal year.

ADT Dividend Announcement

The company 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 is Thursday, June 12th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.61%. ADT's dividend payout ratio (DPR) is 37.93%.

Insider Transactions at ADT

In other news, major shareholder Apollo Management Holdings Gp, sold 45,000,000 shares of the business's stock in a transaction 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 sale, the insider now owns 183,650,366 shares of the company's stock, valued at $1,518,788,526.82. The trade was a 19.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.70% of the stock is owned by insiders.

Analysts Set New Price Targets

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

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.