Jump Financial LLC Acquires 50,030 Shares of ADT Inc. (NYSE:ADT)

Jump Financial LLC grew its stake in ADT Inc. (NYSE:ADT - Free Report) by 289.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,330 shares of the security and automation business's stock after buying an additional 50,030 shares during the period. Jump Financial LLC's holdings in ADT were worth $465,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ADT. Headlands Technologies LLC purchased a new stake in shares of ADT in the 4th quarter valued at $62,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in ADT during the 4th quarter valued at $73,000. Magnetar Financial LLC bought a new stake in ADT during the 4th quarter valued at $73,000. Federated Hermes Inc. raised its holdings in ADT by 15.8% during the 4th quarter. Federated Hermes Inc. now owns 10,600 shares of the security and automation business's stock valued at $73,000 after buying an additional 1,449 shares during the last quarter. Finally, Chicago Partners Investment Group LLC bought a new stake in ADT during the 4th quarter valued at $74,000. Hedge funds and other institutional investors own 87.22% of the company's stock.

ADT Trading Up 0.4 %

NYSE ADT traded up $0.03 during trading on Wednesday, hitting $8.01. The company had a trading volume of 21,982,116 shares, compared to its average volume of 8,129,856. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.93. ADT Inc. has a one year low of $6.42 and a one year high of $8.39. The company has a market cap of $7.02 billion, a price-to-earnings ratio of 8.71 and a beta of 1.42. The company's fifty day moving average is $7.82 and its 200-day moving average is $7.50.

ADT (NYSE:ADT - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The security and automation business reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. ADT had a net margin of 18.18% and a return on equity of 17.77%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the business earned $0.16 EPS. The company's revenue for the quarter was up 6.5% on a year-over-year basis. On average, sell-side analysts predict that ADT Inc. will post 0.7 earnings per share for the current year.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Thursday, June 12th will be issued a $0.055 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $0.22 annualized dividend and a yield of 2.75%. ADT's dividend payout ratio (DPR) is presently 37.93%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $9.00 price target on shares of ADT in a report on Monday, April 21st. Barclays upgraded shares of ADT from an "underweight" rating to an "equal weight" rating and upped their price target for the company from $7.00 to $9.00 in a 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.