ADT Inc. (NYSE:ADT) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. increased its position in ADT Inc. (NYSE:ADT - Free Report) by 20.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,941,509 shares of the security and automation business's stock after acquiring an additional 5,222,972 shares during the quarter. Pacer Advisors Inc. owned about 3.41% of ADT worth $223,707,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ADT. LSV Asset Management lifted its position in ADT by 186.0% during the second quarter. LSV Asset Management now owns 9,646,113 shares of the security and automation business's stock valued at $73,310,000 after purchasing an additional 6,272,974 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of ADT by 61.5% during the second quarter. Dimensional Fund Advisors LP now owns 12,359,752 shares of the security and automation business's stock valued at $93,937,000 after buying an additional 4,705,544 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of ADT by 10.7% in the first quarter. Vanguard Group Inc. now owns 35,406,307 shares of the security and automation business's stock worth $237,930,000 after buying an additional 3,427,575 shares during the period. AQR Capital Management LLC lifted its stake in shares of ADT by 75.0% in the 2nd quarter. AQR Capital Management LLC now owns 7,862,453 shares of the security and automation business's stock valued at $59,755,000 after acquiring an additional 3,370,550 shares during the last quarter. Finally, Jane Street Group LLC grew its position in ADT by 8,206.7% during the 1st quarter. Jane Street Group LLC now owns 3,228,796 shares of the security and automation business's stock worth $21,698,000 after acquiring an additional 3,189,926 shares during the last quarter. Hedge funds and other institutional investors own 87.22% of the company's stock.

Wall Street Analysts Forecast Growth

ADT has been the topic of a number of analyst reports. The Goldman Sachs Group boosted their price objective on shares of ADT from $8.20 to $9.20 and gave the company a "buy" rating in a research report on Friday, October 25th. Royal Bank of Canada lifted their price objective on ADT from $8.00 to $9.00 and gave the stock a "sector perform" rating in a research report on Friday, October 25th.

ADT Stock Performance

Shares of NYSE ADT traded down $0.01 during trading on Thursday, reaching $7.54. 4,503,361 shares of the company traded hands, compared to its average volume of 5,394,884. The firm has a 50 day simple moving average of $7.27 and a 200-day simple moving average of $7.31. The stock has a market capitalization of $6.84 billion, a PE ratio of 8.20 and a beta of 1.52. 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 $5.63 and a 52-week high of $8.25.

ADT (NYSE:ADT - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The security and automation business reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.03. ADT had a return on equity of 17.77% and a net margin of 18.18%. The business had revenue of $1.24 billion during the quarter, compared to analysts' expectations of $1.22 billion. During the same quarter in the prior year, the business posted $0.07 earnings per share. The business's quarterly revenue was up 5.4% on a year-over-year basis. Equities research analysts anticipate that ADT Inc. will post 0.7 earnings per share for the current year.

ADT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date is Thursday, December 12th. ADT's dividend payout ratio (DPR) is 23.91%.

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.