Boston Partners Has $1.74 Million Stock Holdings in ADT Inc. (NYSE:ADT)

Boston Partners reduced its stake in ADT Inc. (NYSE:ADT - Free Report) by 19.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 251,500 shares of the security and automation business's stock after selling 59,125 shares during the period. Boston Partners' holdings in ADT were worth $1,738,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ADT. Gallacher Capital Management LLC increased its stake in shares of ADT by 33.1% in the 4th quarter. Gallacher Capital Management LLC now owns 91,840 shares of the security and automation business's stock valued at $635,000 after acquiring an additional 22,842 shares during the last quarter. Poinciana Advisors Group LLC acquired a new stake in ADT during the 4th quarter worth $111,000. Swiss National Bank lifted its holdings in ADT by 0.9% during the fourth quarter. Swiss National Bank now owns 590,021 shares of the security and automation business's stock worth $4,077,000 after acquiring an additional 5,500 shares in the last quarter. Burkehill Global Management LP acquired a new position in ADT in the fourth quarter valued at about $13,820,000. Finally, Raymond James Financial Inc. bought a new stake in shares of ADT in the fourth quarter worth about $1,153,000. 87.22% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on ADT. Royal Bank of Canada reiterated a "sector perform" rating and set a $9.00 price objective on shares of ADT in a report on Wednesday, January 29th. Morgan Stanley lifted their price target on shares of ADT from $8.50 to $9.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th.

ADT Stock Down 0.5 %

Shares of ADT stock traded down $0.05 during trading on Wednesday, reaching $8.17. The company's stock had a trading volume of 11,981,189 shares, compared to its average volume of 12,122,046. ADT Inc. has a one year low of $6.10 and a one year high of $8.39. The business has a fifty day moving average price of $7.58 and a 200-day moving average price of $7.35. The company has a market cap of $7.16 billion, a price-to-earnings ratio of 8.88 and a beta of 1.58. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.93.

ADT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 13th will be issued a dividend of $0.055 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.22 annualized dividend and a yield of 2.69%. ADT's payout ratio is presently 41.51%.

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.