48,807 Shares in ADT Inc. (NYSE:ADT) Bought by PharVision Advisers LLC

PharVision Advisers LLC bought a new stake in ADT Inc. (NYSE:ADT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 48,807 shares of the security and automation business's stock, valued at approximately $337,000.

Several other large investors also recently added to or reduced their stakes in ADT. Zimmer Partners LP acquired a new stake in shares of ADT in the 4th quarter valued at $48,687,000. Two Sigma Advisers LP increased its position in ADT by 231.4% during the fourth quarter. Two Sigma Advisers LP now owns 425,500 shares of the security and automation business's stock worth $2,940,000 after buying an additional 297,100 shares during the last quarter. Two Sigma Investments LP raised its holdings in ADT by 262.1% during the fourth quarter. Two Sigma Investments LP now owns 804,476 shares of the security and automation business's stock valued at $5,559,000 after buying an additional 582,276 shares in the last quarter. Tidal Investments LLC lifted its position in shares of ADT by 21.7% in the fourth quarter. Tidal Investments LLC now owns 135,118 shares of the security and automation business's stock worth $934,000 after buying an additional 24,066 shares during the last quarter. Finally, True Wealth Design LLC acquired a new stake in shares of ADT in the fourth quarter worth about $36,000. 87.22% of the stock is owned by institutional investors.

ADT Stock Performance

NYSE:ADT traded up $0.04 during mid-day trading on Tuesday, hitting $8.26. 3,634,128 shares of the company's stock traded hands, compared to its average volume of 9,281,337. ADT Inc. has a 12 month low of $6.53 and a 12 month high of $8.71. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.93. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 8.96 and a beta of 1.29. The firm has a 50 day moving average of $8.08 and a two-hundred day moving average of $7.64.

ADT (NYSE:ADT - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The security and automation business reported $0.21 earnings per share (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 analyst estimates of $1.25 billion. ADT had a net margin of 18.18% and a return on equity of 17.77%. The business'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. On average, equities analysts forecast that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend is Thursday, June 12th. ADT's payout ratio is 37.93%.

Insider Activity

In other news, major shareholder Apollo Management Holdings Gp, sold 50,000,000 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $8.02, for a total transaction of $401,000,000.00. Following the sale, the insider now directly owns 228,650,366 shares of the company's stock, valued at $1,833,775,935.32. This represents a 17.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

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

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.