83,025 Shares in ADT Inc. (NYSE:ADT) Purchased by A&I Financial Services LLC

A&I Financial Services LLC purchased a new stake in shares of ADT Inc. (NYSE:ADT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 83,025 shares of the security and automation business's stock, valued at approximately $574,000. ADT accounts for approximately 0.6% of A&I Financial Services LLC's investment portfolio, making the stock its 28th largest holding.

A number of other large investors also recently modified their holdings of ADT. Pacer Advisors Inc. boosted its stake in ADT by 20.3% during the 3rd quarter. Pacer Advisors Inc. now owns 30,941,509 shares of the security and automation business's stock valued at $223,707,000 after purchasing an additional 5,222,972 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of ADT by 35.6% in the 3rd quarter. Geode Capital Management LLC now owns 5,875,140 shares of the security and automation business's stock worth $42,487,000 after buying an additional 1,543,677 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of ADT by 21.4% in the fourth quarter. Bank of New York Mellon Corp now owns 5,464,151 shares of the security and automation business's stock valued at $37,757,000 after buying an additional 961,785 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in ADT by 12.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,649,347 shares of the security and automation business's stock valued at $33,615,000 after buying an additional 518,515 shares in the last quarter. Finally, State Street Corp boosted its stake 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 valued at $48,060,000 after buying an additional 457,918 shares in the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

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ADT Trading Down 6.0 %

Shares of ADT stock traded down $0.49 on Monday, reaching $7.70. 66,352,463 shares of the company were exchanged, compared to its average volume of 8,914,313. 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 fifty-two week low of $6.10 and a fifty-two week high of $8.39. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 8.37 and a beta of 1.50. The stock has a fifty day moving average price of $7.33 and a 200-day moving average price of $7.31.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 13th will be issued a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 2.86%. The ex-dividend date is Thursday, March 13th. ADT's payout ratio is 23.91%.

Analysts Set New Price Targets

ADT has been the subject of several research reports. Morgan Stanley raised their price objective on shares of ADT from $8.50 to $9.00 and gave the company an "equal weight" rating in a research report on Thursday, December 12th. Royal Bank of Canada reiterated 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.