Capstone Investment Advisors LLC Buys Shares of 10,465 ADT Inc. (NYSE:ADT)

Capstone Investment Advisors LLC purchased a new position in ADT Inc. (NYSE:ADT) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 10,465 shares of the security and automation business’s stock, valued at approximately $76,000.

Several other institutional investors also recently modified their holdings of the stock. Pacer Advisors Inc. bought a new stake in ADT during the 2nd quarter worth approximately $195,461,000. LSV Asset Management increased its stake in shares of ADT by 186.0% during the 2nd quarter. LSV Asset Management now owns 9,646,113 shares of the security and automation business’s stock worth $73,310,000 after purchasing an additional 6,272,974 shares during the last quarter. Dimensional Fund Advisors LP increased its position in 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 worth $93,937,000 after buying an additional 4,705,544 shares during the last quarter. AQR Capital Management LLC raised its stake in 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 period. Finally, Ariel Investments LLC raised its position in shares of ADT by 2.6% in the second quarter. Ariel Investments LLC now owns 30,360,559 shares of the security and automation business’s stock valued at $230,740,000 after purchasing an additional 780,762 shares during the period. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ADT shares. Royal Bank of Canada boosted their price objective on shares of ADT from $8.00 to $9.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. The Goldman Sachs Group increased their target price on ADT from $8.20 to $9.20 and gave the company a “buy” rating in a research report on Friday, October 25th.

ADT Stock Down 0.5 %

ADT stock opened at $7.62 on Monday. The stock’s 50 day moving average is $7.33 and its 200-day moving average is $7.34. The firm has a market capitalization of $6.91 billion, a PE ratio of 8.28 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 twelve month low of $5.79 and a twelve month high of $8.25.

ADT (NYSE:ADT) last released its quarterly earnings data on Thursday, October 24th. The security and automation business reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. ADT had a net margin of 18.18% and a return on equity of 17.77%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm earned $0.07 earnings per share. The company’s revenue was up 5.4% compared to the same quarter last year. Sell-side analysts expect that ADT Inc. will post 0.7 EPS for the current fiscal year.

ADT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be paid a $0.055 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.22 dividend on an annualized basis and a yield of 2.89%. ADT’s dividend payout ratio is presently 23.91%.

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.