SG Americas Securities LLC Takes $302,000 Position in ADT Inc. (NYSE:ADT)

SG Americas Securities LLC bought a new position in shares of ADT Inc. (NYSE:ADT - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 43,751 shares of the security and automation business's stock, valued at approximately $302,000.

A number of other large investors also recently bought and sold shares of the business. The Manufacturers Life Insurance Company grew its stake in ADT by 0.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 172,226 shares of the security and automation business's stock valued at $1,245,000 after purchasing an additional 1,343 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in ADT by 10.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 21,745 shares of the security and automation business's stock valued at $164,000 after acquiring an additional 2,112 shares in the last quarter. Highland Capital Management LLC boosted its stake in ADT by 10.1% in the 3rd quarter. Highland Capital Management LLC now owns 27,643 shares of the security and automation business's stock valued at $200,000 after purchasing an additional 2,542 shares during the period. New York State Teachers Retirement System grew its position in shares of ADT by 12.9% in the 3rd quarter. New York State Teachers Retirement System now owns 26,674 shares of the security and automation business's stock valued at $193,000 after buying an additional 3,054 shares during the last quarter. Finally, KBC Group NV raised its stake in ADT by 46.9% during the 3rd quarter. KBC Group NV now owns 10,577 shares of the security and automation business's stock worth $76,000 after buying an additional 3,375 shares during the period. Institutional investors and hedge funds own 87.22% of the company's stock.

ADT Stock Down 0.1 %

Shares of NYSE:ADT traded down $0.01 during trading on Friday, reaching $7.53. 5,520,917 shares of the stock were exchanged, compared to its average volume of 5,422,429. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.64. The firm has a market cap of $6.83 billion, a price-to-earnings ratio of 8.18 and a beta of 1.50. ADT Inc. has a 1-year low of $6.10 and a 1-year high of $8.25. The stock has a fifty day moving average of $7.24 and a two-hundred day moving average of $7.29.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ADT. Morgan Stanley raised 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. The Goldman Sachs Group increased their target price on shares of ADT from $8.20 to $9.20 and gave the stock a "buy" rating in a report on Friday, October 25th. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $9.00 target price on shares of ADT in a research report on Wednesday, January 29th.

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.