157,241 Shares in ADT Inc. (NYSE:ADT) Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. bought a new position in ADT Inc. (NYSE:ADT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 157,241 shares of the security and automation business's stock, valued at approximately $1,087,000.

Several other institutional investors and hedge funds also recently modified their holdings of ADT. The Manufacturers Life Insurance Company lifted its position 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 acquiring an additional 1,343 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of ADT by 10.8% during the third quarter. Sanctuary Advisors LLC now owns 21,745 shares of the security and automation business's stock worth $164,000 after purchasing an additional 2,112 shares in the last quarter. Highland Capital Management LLC lifted its position in shares of ADT by 10.1% during the third quarter. Highland Capital Management LLC now owns 27,643 shares of the security and automation business's stock worth $200,000 after purchasing an additional 2,542 shares in the last quarter. New York State Teachers Retirement System boosted its stake in shares of ADT by 12.9% in the third quarter. New York State Teachers Retirement System now owns 26,674 shares of the security and automation business's stock valued at $193,000 after purchasing an additional 3,054 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in ADT by 19.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 20,546 shares of the security and automation business's stock valued at $156,000 after purchasing an additional 3,311 shares in the last quarter. Hedge funds and other institutional investors own 87.22% of the company's stock.

ADT Stock Up 1.0 %

Shares of ADT traded up $0.07 during midday trading on Friday, hitting $7.47. The company had a trading volume of 3,837,815 shares, compared to its average volume of 4,353,254. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 8.12 and a beta of 1.51. The company's 50 day moving average price is $7.24 and its 200 day moving average price is $7.29. 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 Inc. has a 52 week low of $6.10 and a 52 week high of $8.25.

ADT (NYSE:ADT - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The security and automation business reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.03. ADT had a return on equity of 17.77% and a net margin of 18.18%. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company earned $0.07 earnings per share. ADT's quarterly revenue was up 5.4% on a year-over-year basis. On average, equities research analysts predict that ADT Inc. will post 0.7 EPS for the current year.

Analyst Ratings Changes

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

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.