Two Sigma Advisers LP Has $2.94 Million Stake in ADT Inc. (NYSE:ADT)

Two Sigma Advisers LP boosted its holdings in ADT Inc. (NYSE:ADT - Free Report) by 231.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 425,500 shares of the security and automation business's stock after buying an additional 297,100 shares during the period. Two Sigma Advisers LP's holdings in ADT were worth $2,940,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. True Wealth Design LLC acquired a new stake in shares of ADT in the 4th quarter valued at approximately $36,000. Headlands Technologies LLC bought a new stake in ADT in the 4th quarter valued at $62,000. Chicago Partners Investment Group LLC acquired a new position in ADT in the 4th quarter worth $74,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in ADT in the 4th quarter worth $73,000. Finally, Magnetar Financial LLC acquired a new position in ADT in the 4th quarter worth $73,000. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ADT shares. 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. Barclays upgraded ADT from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $7.00 to $9.00 in a research note on Friday, April 4th.

ADT Stock Performance

Shares of ADT stock traded up $0.05 during midday trading on Friday, hitting $8.32. 14,577,764 shares of the company were exchanged, compared to its average volume of 9,455,228. The firm has a market capitalization of $6.96 billion, a P/E ratio of 9.04 and a beta of 1.29. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.64 and a current ratio of 0.81. ADT Inc. has a 52 week low of $6.53 and a 52 week high of $8.71. The firm's 50 day moving average price is $8.10 and its two-hundred day moving average price is $7.66.

ADT (NYSE:ADT - Get Free Report) last posted its earnings results on Thursday, April 24th. The security and automation business reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. ADT had a return on equity of 17.77% and a net margin of 18.18%. The firm's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.16 earnings per share. As a group, equities research analysts anticipate that ADT Inc. will post 0.7 earnings per share for the current year.

ADT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Thursday, June 12th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $0.22 annualized dividend and a dividend yield of 2.64%. ADT's dividend payout ratio (DPR) is presently 37.93%.

Insider Activity at ADT

In related 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 stock was sold at an average price of $8.02, for a total transaction of $401,000,000.00. Following the sale, the insider now 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.70% of the stock is currently owned by corporate insiders.

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.