ADT Inc. (NYSE:ADT) Shares Bought by XTX Topco Ltd

XTX Topco Ltd grew its holdings in ADT Inc. (NYSE:ADT) by 23.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,236 shares of the security and automation business’s stock after acquiring an additional 10,804 shares during the quarter. XTX Topco Ltd’s holdings in ADT were worth $407,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Pacer Advisors Inc. purchased a new stake in ADT during the 2nd quarter valued at about $195,461,000. LSV Asset Management raised its position in ADT by 186.0% during the second quarter. LSV Asset Management now owns 9,646,113 shares of the security and automation business’s stock valued at $73,310,000 after acquiring an additional 6,272,974 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in ADT by 61.5% in the second quarter. Dimensional Fund Advisors LP now owns 12,359,752 shares of the security and automation business’s stock valued at $93,937,000 after acquiring an additional 4,705,544 shares during the period. AQR Capital Management LLC boosted its position 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 worth $59,755,000 after purchasing an additional 3,370,550 shares in the last quarter. Finally, Ariel Investments LLC grew its stake in shares of ADT by 2.6% during the 2nd quarter. Ariel Investments LLC now owns 30,360,559 shares of the security and automation business’s stock worth $230,740,000 after purchasing an additional 780,762 shares during the period. Hedge funds and other institutional investors own 87.22% of the company’s stock.

ADT Trading Down 0.8 %

Shares of ADT stock opened at $7.20 on Monday. 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 stock’s 50 day simple moving average is $7.38 and its 200-day simple moving average is $7.35. The stock has a market cap of $6.53 billion, a P/E ratio of 7.83 and a beta of 1.49. ADT Inc. has a 1-year low of $6.02 and a 1-year high of $8.25.

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

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 12th will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 3.06%. The ex-dividend date is Thursday, December 12th. ADT’s payout ratio is currently 23.91%.

Analyst Ratings Changes

ADT has been the topic of several research analyst reports. Royal Bank of Canada lifted their price objective on ADT from $8.00 to $9.00 and gave the stock a “sector perform” rating in a report on Friday, October 25th. Morgan Stanley lifted their price target on ADT from $8.50 to $9.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, The Goldman Sachs Group increased their price objective on ADT from $8.20 to $9.20 and gave the company a “buy” rating in a research note on Friday, October 25th.

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.