EntryPoint Capital LLC bought a new position in ADT Inc. (NYSE:ADT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 33,354 shares of the security and automation business's stock, valued at approximately $230,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Capstone Investment Advisors LLC purchased a new stake in ADT during the 3rd quarter worth about $76,000. Chicago Partners Investment Group LLC bought a new stake in shares of ADT in the 4th quarter worth about $74,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of ADT in the 4th quarter worth approximately $73,000. Magnetar Financial LLC bought a new stake in ADT during the fourth quarter valued at $73,000. Finally, Claro Advisors LLC acquired a new position in ADT in the fourth quarter valued at approximately $88,000. Institutional investors and hedge funds own 87.22% of the company's stock.
ADT Trading Up 0.6 %
Shares of ADT stock traded up $0.05 on Monday, reaching $8.15. The company had a trading volume of 15,284,254 shares, compared to its average volume of 6,991,957. The company has a 50-day moving average of $7.64 and a 200-day moving average of $7.38. The stock has a market cap of $7.14 billion, a PE ratio of 8.85 and a beta of 1.58. ADT Inc. has a 12 month low of $6.10 and a 12 month high of $8.39. 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 Dividend Announcement
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 given 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 is Thursday, March 13th. ADT's dividend payout ratio is currently 41.51%.
Analysts Set New Price Targets
A number of brokerages have issued reports on ADT. Morgan Stanley boosted their price target on ADT from $8.50 to $9.00 and gave the stock an "equal weight" rating in a research 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 research report on Wednesday, January 29th.
Read Our Latest Report on ADT
ADT Company Profile
(
Free Report)
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.
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