Universal Beteiligungs und Servicegesellschaft mbH Purchases 731,930 Shares of ADT Inc. (NYSE:ADT)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in ADT Inc. by 305.9%, acquiring an additional 731,930 shares in the first quarter, bringing its total to 971,224 shares valued at approximately $7.9 million.
• ADT recently announced a quarterly dividend of $0.055 per share, with a payout ratio of 37.93%, which reflects an annualized yield of 2.60%.
• The company reported a 12.30% net margin and a year-over-year revenue growth of 6.8%, beating analysts' expectations with $1.29 billion in revenue for the last quarter.

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in ADT Inc. (NYSE:ADT - Free Report) by 305.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 971,224 shares of the security and automation business's stock after purchasing an additional 731,930 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.11% of ADT worth $7,906,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position 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 valued at $307,876,000 after acquiring an additional 7,610,709 shares during the last quarter. Norges Bank purchased a new stake in ADT during the fourth quarter valued at $153,824,000. Dimensional Fund Advisors LP increased 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 worth $148,246,000 after buying an additional 5,089,056 shares in the last quarter. LSV Asset Management increased its position in ADT by 5.1% in the fourth quarter. LSV Asset Management now owns 10,843,323 shares of the security and automation business's stock worth $74,927,000 after buying an additional 523,333 shares in the last quarter. Finally, Zimmer Partners LP purchased a new stake in ADT in the fourth quarter worth about $48,687,000. Institutional investors own 87.22% of the company's stock.

ADT Price Performance

ADT stock traded down $0.02 during midday trading on Tuesday, reaching $8.35. 9,653,191 shares of the stock traded hands, compared to its average volume of 15,336,424. The stock's fifty day moving average is $8.37 and its 200-day moving average is $7.99. ADT Inc. has a 12 month low of $6.53 and a 12 month high of $8.80. The stock has a market cap of $6.98 billion, a P/E ratio of 12.64 and a beta of 1.21. The company has a quick ratio of 0.37, a current ratio of 0.46 and a debt-to-equity ratio of 1.84.

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

ADT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Thursday, September 11th. ADT's dividend payout ratio is currently 33.33%.

Wall Street Analysts Forecast Growth

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

Insider Activity

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

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.