Caisse Des Depots ET Consignations Takes $2.63 Million Position in ADT Inc. (NYSE:ADT)

Caisse Des Depots ET Consignations acquired a new position in ADT Inc. (NYSE:ADT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 379,980 shares of the security and automation business's stock, valued at approximately $2,626,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. The Manufacturers Life Insurance Company lifted its holdings in shares of ADT by 0.8% during the third 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. Atria Investments Inc raised its position in ADT by 9.9% in the 4th quarter. Atria Investments Inc now owns 15,008 shares of the security and automation business's stock valued at $104,000 after purchasing an additional 1,358 shares during the last quarter. Highland Capital Management LLC grew its holdings in ADT by 6.5% during the 4th quarter. Highland Capital Management LLC now owns 29,453 shares of the security and automation business's stock worth $204,000 after acquiring an additional 1,810 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of ADT by 10.8% in the third quarter. Sanctuary Advisors LLC now owns 21,745 shares of the security and automation business's stock valued at $164,000 after purchasing an additional 2,112 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in shares of ADT by 17.4% during the fourth quarter. Private Advisor Group LLC now owns 25,802 shares of the security and automation business's stock worth $178,000 after acquiring an additional 3,831 shares during the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

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ADT Stock Performance

ADT stock traded up $0.05 during mid-day trading on Monday, reaching $8.15. 8,846,796 shares of the company's stock were exchanged, compared to its average volume of 6,968,285. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.93. The firm has a market capitalization of $7.14 billion, a PE ratio of 8.84 and a beta of 1.58. ADT Inc. has a one year low of $6.10 and a one year high of $8.39. The business's fifty day simple moving average is $7.64 and its 200 day simple moving average is $7.38.

ADT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 13th will be issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Thursday, March 13th. ADT's payout ratio is 41.51%.

Wall Street Analyst Weigh In

Several analysts have commented on ADT shares. Morgan Stanley raised their target price on shares of ADT from $8.50 to $9.00 and gave the stock an "equal weight" rating in a report on Thursday, December 12th. Royal Bank of Canada restated a "sector perform" rating and set a $9.00 price objective 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.