Robeco Institutional Asset Management B.V. Takes Position in ADT Inc. (NYSE:ADT)

Robeco Institutional Asset Management B.V. purchased a new position in shares of ADT Inc. (NYSE:ADT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 41,914 shares of the security and automation business's stock, valued at approximately $290,000.

Other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. lifted its position in ADT by 20.3% during the 3rd quarter. Pacer Advisors Inc. now owns 30,941,509 shares of the security and automation business's stock worth $223,707,000 after buying an additional 5,222,972 shares in the last quarter. Geode Capital Management LLC lifted its position 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 buying an additional 1,543,677 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in ADT by 12.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,649,347 shares of the security and automation business's stock worth $33,615,000 after buying an additional 518,515 shares in the last quarter. State Street Corp lifted its position in ADT by 7.5% during the 3rd quarter. State Street Corp now owns 6,597,684 shares of the security and automation business's stock worth $48,060,000 after buying an additional 457,918 shares in the last quarter. Finally, Bridgewater Associates LP lifted its position in ADT by 220.5% during the 3rd quarter. Bridgewater Associates LP now owns 566,077 shares of the security and automation business's stock worth $4,093,000 after buying an additional 389,442 shares in the last quarter. Institutional investors and hedge funds own 87.22% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. The Goldman Sachs Group boosted their price objective on ADT from $8.20 to $9.20 and gave the stock a "buy" rating in a report on Friday, October 25th. Morgan Stanley increased their target price on ADT from $8.50 to $9.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $9.00 target price on shares of ADT in a research note on Wednesday, January 29th.

ADT Stock Down 0.1 %

Shares of NYSE ADT traded down $0.01 during trading hours on Friday, hitting $7.53. The company had a trading volume of 5,520,917 shares, compared to its average volume of 5,422,429. The stock has a market capitalization of $6.83 billion, a P/E ratio of 8.18 and a beta of 1.50. 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 1-year low of $6.10 and a 1-year high of $8.25. The firm's 50 day moving average is $7.24 and its 200-day moving average is $7.29.

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.