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

Pacer Advisors Inc. lifted its stake in shares of ADT Inc. (NYSE:ADT - Free Report) by 11.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,574,011 shares of the security and automation business's stock after buying an additional 3,632,502 shares during the quarter. Pacer Advisors Inc. owned approximately 3.81% of ADT worth $238,906,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC grew its holdings in ADT by 35.6% during the 3rd quarter. Geode Capital Management LLC now owns 5,875,140 shares of the security and automation business's stock worth $42,487,000 after acquiring an additional 1,543,677 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of ADT by 911.6% during the third quarter. BNP Paribas Financial Markets now owns 195,810 shares of the security and automation business's stock worth $1,416,000 after purchasing an additional 176,454 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of ADT by 26.0% during the third quarter. JPMorgan Chase & Co. now owns 484,769 shares of the security and automation business's stock worth $3,505,000 after purchasing an additional 100,134 shares during the last quarter. Renaissance Technologies LLC acquired a new position in ADT in the second quarter worth about $3,226,000. Finally, The Manufacturers Life Insurance Company increased its holdings in ADT by 3.7% in the second quarter. The Manufacturers Life Insurance Company now owns 170,883 shares of the security and automation business's stock valued at $1,299,000 after buying an additional 6,078 shares during the last quarter. Institutional investors own 87.22% of the company's stock.

ADT Stock Performance

Shares of NYSE:ADT traded up $0.16 during trading on Monday, hitting $7.64. 6,628,947 shares of the company traded hands, compared to its average volume of 4,969,784. 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 business's fifty day moving average is $7.24 and its 200-day moving average is $7.29. The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of 8.30 and a beta of 1.51. ADT Inc. has a one year low of $6.10 and a one year high of $8.25.

ADT (NYSE:ADT - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. ADT had a return on equity of 17.77% and a net margin of 18.18%. The firm's revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.07 EPS. As a group, equities analysts predict that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

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.