Nebula Research & Development LLC Invests $1.68 Million in ADT Inc. (NYSE:ADT)

Nebula Research & Development LLC bought a new position in shares of ADT Inc. (NYSE:ADT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 242,487 shares of the security and automation business's stock, valued at approximately $1,676,000.

A number of other institutional investors also recently modified their holdings of the business. Headlands Technologies LLC bought a new position in shares of ADT during the fourth quarter worth approximately $62,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in ADT during the fourth quarter worth about $73,000. Magnetar Financial LLC acquired a new stake in ADT during the fourth quarter worth about $73,000. Federated Hermes Inc. raised its position in shares of ADT by 15.8% in 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 in the last quarter. Finally, Chicago Partners Investment Group LLC acquired a new position in shares of ADT in the 4th quarter valued at approximately $74,000. Institutional investors own 87.22% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Barclays upgraded 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 note on Friday, April 4th. Royal Bank of Canada reissued a "sector perform" rating and set a $9.00 target price on shares of ADT in a research note on Monday, April 21st.

ADT Trading Down 0.1 %

NYSE ADT traded down $0.01 during trading hours on Thursday, reaching $8.02. The company's stock had a trading volume of 8,829,023 shares, compared to its average volume of 8,135,952. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.64. ADT Inc. has a 52 week low of $6.42 and a 52 week high of $8.39. The firm has a fifty day simple moving average of $7.84 and a 200-day simple moving average of $7.51. The stock has a market cap of $7.03 billion, a P/E ratio of 8.71 and a beta of 1.42.

ADT (NYSE:ADT - Get Free Report) last announced its earnings results 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 return on equity of 17.77% and a net margin of 18.18%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the business earned $0.16 EPS. The business's quarterly revenue was up 6.5% compared to the same quarter last year. Equities analysts forecast that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Investors of record on Thursday, June 12th will be issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, June 12th. ADT's dividend payout ratio is currently 37.93%.

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.