Lonestar Capital Management LLC Has $4.61 Million Stock Holdings in ADT Inc. (NYSE:ADT)

Lonestar Capital Management LLC lessened its holdings in shares of ADT Inc. (NYSE:ADT - Free Report) by 16.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 667,000 shares of the security and automation business's stock after selling 134,000 shares during the period. ADT makes up 1.7% of Lonestar Capital Management LLC's portfolio, making the stock its 11th biggest position. Lonestar Capital Management LLC owned approximately 0.07% of ADT worth $4,609,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Quarry LP bought a new position in ADT in the fourth quarter valued at approximately $80,000. Aquatic Capital Management LLC boosted its holdings in shares of ADT by 264.2% during the fourth quarter. Aquatic Capital Management LLC now owns 203,944 shares of the security and automation business's stock worth $1,409,000 after acquiring an additional 147,944 shares during the period. Boothbay Fund Management LLC bought a new stake in ADT in the 4th quarter valued at $100,000. Nebula Research & Development LLC bought a new stake in shares of ADT in the fourth quarter valued at about $1,676,000. Finally, Voya Investment Management LLC grew its position in shares of ADT by 453.5% during the 4th quarter. Voya Investment Management LLC now owns 513,160 shares of the security and automation business's stock worth $3,546,000 after purchasing an additional 420,453 shares in the last quarter. Institutional investors own 87.22% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Royal Bank of Canada restated a "sector perform" rating and issued a $9.00 price target on shares of ADT in a research report on Monday, April 21st. Barclays raised ADT from an "underweight" rating to an "equal weight" rating and upped their price objective for the company from $7.00 to $9.00 in a research note on Friday, April 4th.

ADT Trading Up 1.0 %

NYSE ADT opened at $7.83 on Monday. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.64. ADT Inc. has a one year low of $6.42 and a one year high of $8.39. The business has a 50 day simple moving average of $7.80 and a 200 day simple moving average of $7.49. The stock has a market capitalization of $6.86 billion, a P/E ratio of 8.51 and a beta of 1.42.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Thursday, June 12th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $0.22 annualized dividend and a dividend yield of 2.81%. ADT's dividend payout ratio is presently 37.93%.

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.

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