Boston Partners Has $2.97 Million Stock Holdings in ADT Inc. $ADT

Boston Partners increased its position in ADT Inc. (NYSE:ADT) by 83.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 350,752 shares of the security and automation business’s stock after purchasing an additional 159,450 shares during the quarter. Boston Partners’ holdings in ADT were worth $2,971,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADT. Jane Street Group LLC raised its position in shares of ADT by 7,745.1% in the 1st quarter. Jane Street Group LLC now owns 3,444,613 shares of the security and automation business’s stock valued at $28,039,000 after acquiring an additional 3,400,705 shares during the period. American Century Companies Inc. increased its stake in ADT by 259.5% in the first quarter. American Century Companies Inc. now owns 613,889 shares of the security and automation business’s stock valued at $4,997,000 after purchasing an additional 443,121 shares in the last quarter. Acadian Asset Management LLC raised its holdings in ADT by 264.2% in the first quarter. Acadian Asset Management LLC now owns 248,811 shares of the security and automation business’s stock worth $2,024,000 after purchasing an additional 180,502 shares during the period. Atlas Capital Advisors Inc. bought a new position in shares of ADT during the first quarter worth $251,000. Finally, Ieq Capital LLC grew its holdings in shares of ADT by 114.0% in the 1st quarter. Ieq Capital LLC now owns 806,227 shares of the security and automation business’s stock valued at $6,563,000 after buying an additional 429,565 shares during the period. 87.22% of the stock is owned by institutional investors.

ADT Price Performance

ADT stock opened at $8.26 on Friday. The stock has a 50-day moving average price of $8.45 and a two-hundred day moving average price of $8.47. ADT Inc. has a 1 year low of $6.71 and a 1 year high of $8.94. The stock has a market cap of $6.77 billion, a PE ratio of 11.97 and a beta of 1.00. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99.

ADT (NYSE:ADT) last posted its quarterly earnings data on Friday, April 22nd. The security and automation business reported ($0.12) earnings per share for the quarter. The firm had revenue of $1.31 billion for the quarter. ADT had a return on equity of 18.96% and a net margin of 12.52%. Equities analysts forecast that ADT Inc. will post 0.7 EPS for the current fiscal year.

ADT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, December 11th. ADT’s dividend payout ratio (DPR) is currently 31.88%.

Wall Street Analyst Weigh In

Several analysts recently commented on ADT shares. Citigroup raised their price objective on ADT from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Wall Street Zen cut ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ADT in a research report on Tuesday. Finally, Zacks Research cut ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $9.38.

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.