ADT Inc. (NYSE:ADT) Shares Sold by Barclays PLC

Barclays PLC reduced its stake in shares of ADT Inc. (NYSE:ADT - Free Report) by 11.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,041,342 shares of the security and automation business's stock after selling 135,736 shares during the period. Barclays PLC owned 0.11% of ADT worth $7,527,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Acadian Asset Management LLC purchased a new position in ADT during the second quarter worth approximately $26,000. Altshuler Shaham Ltd purchased a new position in shares of ADT during the 2nd quarter worth $30,000. Duncker Streett & Co. Inc. acquired a new position in shares of ADT during the 2nd quarter valued at about $38,000. Abich Financial Wealth Management LLC purchased a new stake in shares of ADT in the third quarter valued at about $70,000. Finally, Checchi Capital Advisers LLC purchased a new stake in shares of ADT in the second quarter valued at about $77,000. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ADT shares. The Goldman Sachs Group boosted their target price on shares of ADT from $8.20 to $9.20 and gave the company a "buy" rating in a report on Friday, October 25th. Morgan Stanley upped their price objective on ADT from $8.50 to $9.00 and gave the company an "equal weight" rating in a report on Thursday, December 12th. Finally, Royal Bank of Canada raised their target price on ADT from $8.00 to $9.00 and gave the stock a "sector perform" rating in a research note on Friday, October 25th.

ADT Trading Down 0.6 %

Shares of ADT stock traded down $0.04 during trading hours on Thursday, hitting $6.79. The company had a trading volume of 7,000,447 shares, compared to its average volume of 5,354,382. 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 market capitalization of $6.16 billion, a PE ratio of 7.38 and a beta of 1.49. The company's fifty day moving average is $7.38 and its 200 day moving average is $7.35. ADT Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $8.25.

ADT (NYSE:ADT - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The security and automation business reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.03. ADT had a return on equity of 17.77% and a net margin of 18.18%. The company had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.22 billion. During the same period in the prior year, the firm earned $0.07 earnings per share. The firm's revenue was up 5.4% compared to the same quarter last year. Research analysts expect 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 Thursday, January 9th. Shareholders of record on Thursday, December 12th will be given a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 3.24%. The ex-dividend date is Thursday, December 12th. ADT's dividend payout ratio is currently 23.91%.

About ADT

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.