57,779 Shares in ADT Inc. (NYSE:ADT) Purchased by DRW Securities LLC

DRW Securities LLC bought a new position in ADT Inc. (NYSE:ADT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 57,779 shares of the security and automation business's stock, valued at approximately $399,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ADT. The Manufacturers Life Insurance Company lifted its holdings in ADT by 0.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 172,226 shares of the security and automation business's stock worth $1,245,000 after buying an additional 1,343 shares during the last quarter. Verition Fund Management LLC increased its stake in ADT by 183.3% during the 3rd quarter. Verition Fund Management LLC now owns 52,320 shares of the security and automation business's stock valued at $378,000 after buying an additional 33,850 shares during the period. State Street Corp raised its holdings in ADT by 7.5% during the third quarter. State Street Corp now owns 6,597,684 shares of the security and automation business's stock worth $48,060,000 after purchasing an additional 457,918 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in ADT during the third quarter worth about $200,000. Finally, XTX Topco Ltd grew its position in ADT by 23.8% in the third quarter. XTX Topco Ltd now owns 56,236 shares of the security and automation business's stock worth $407,000 after buying an additional 10,804 shares during the last quarter. Institutional investors and hedge funds own 87.22% of the company's stock.

ADT Trading Down 0.9 %

Shares of ADT stock traded down $0.07 during trading hours on Wednesday, hitting $7.95. The company's stock had a trading volume of 4,345,612 shares, compared to its average volume of 12,828,819. The company has a market capitalization of $6.97 billion, a PE ratio of 8.64 and a beta of 1.42. ADT Inc. has a 12 month low of $6.12 and a 12 month high of $8.39. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.64. The stock has a 50 day moving average of $7.75 and a 200 day moving average of $7.45.

ADT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 13th were paid a $0.055 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.22 annualized dividend and a yield of 2.77%. ADT's dividend payout ratio (DPR) is currently 41.51%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ADT. Barclays upgraded ADT from an "underweight" rating to an "equal weight" rating and increased their target price for the company from $7.00 to $9.00 in a report on Friday, April 4th. Royal Bank of Canada restated a "sector perform" rating and issued a $9.00 target price on shares of ADT in a report on Wednesday, January 29th.

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.