Quantbot Technologies LP Has $2.54 Million Holdings in ADT Inc. (NYSE:ADT)

Quantbot Technologies LP lifted its holdings in ADT Inc. (NYSE:ADT - Free Report) by 47.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 366,793 shares of the security and automation business's stock after acquiring an additional 117,423 shares during the period. Quantbot Technologies LP's holdings in ADT were worth $2,535,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Geode Capital Management LLC raised its position in ADT by 35.6% in the third quarter. Geode Capital Management LLC now owns 5,875,140 shares of the security and automation business's stock valued at $42,487,000 after purchasing an additional 1,543,677 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of ADT by 911.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 195,810 shares of the security and automation business's stock valued at $1,416,000 after buying an additional 176,454 shares during the period. Charles Schwab Investment Management Inc. lifted its position in ADT by 13.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,259,189 shares of the security and automation business's stock worth $36,341,000 after acquiring an additional 609,842 shares in the last quarter. JPMorgan Chase & Co. lifted its position in ADT by 26.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 484,769 shares of the security and automation business's stock worth $3,505,000 after acquiring an additional 100,134 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in ADT by 46.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 130,838 shares of the security and automation business's stock worth $904,000 after acquiring an additional 41,682 shares during the period. Hedge funds and other institutional investors own 87.22% of the company's stock.

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Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ADT. Royal Bank of Canada reissued a "sector perform" rating and set a $9.00 target price on shares of ADT in a research report on Wednesday, January 29th. Morgan Stanley raised their price objective on shares of ADT from $8.50 to $9.00 and gave the stock an "equal weight" rating in a report on Thursday, December 12th.

ADT Stock Up 0.7 %

ADT stock traded up $0.06 during trading hours on Thursday, hitting $8.23. The company's stock had a trading volume of 9,674,768 shares, compared to its average volume of 6,686,212. The stock has a 50 day moving average price of $7.60 and a two-hundred day moving average price of $7.36. 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 12 month low of $6.10 and a 12 month high of $8.39. The company has a market capitalization of $7.21 billion, a PE ratio of 8.94 and a beta of 1.58.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Thursday, March 13th. ADT's payout ratio is 41.51%.

ADT 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.