58,974 Shares in ADT Inc. (NYSE:ADT) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in shares of ADT Inc. (NYSE:ADT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 58,974 shares of the security and automation business’s stock, valued at approximately $408,000.

A number of other large investors have also added to or reduced their stakes in ADT. KLP Kapitalforvaltning AS purchased a new position in shares of ADT in the 4th quarter worth about $426,000. Hillsdale Investment Management Inc. lifted its stake in shares of ADT by 4.6% in the fourth quarter. Hillsdale Investment Management Inc. now owns 100,500 shares of the security and automation business’s stock worth $694,000 after buying an additional 4,400 shares in the last quarter. Sei Investments Co. grew its holdings in shares of ADT by 1,132.1% during the fourth quarter. Sei Investments Co. now owns 243,702 shares of the security and automation business’s stock valued at $1,684,000 after buying an additional 223,922 shares during the last quarter. American Century Companies Inc. increased its position in shares of ADT by 96.1% during the fourth quarter. American Century Companies Inc. now owns 170,768 shares of the security and automation business’s stock valued at $1,180,000 after acquiring an additional 83,689 shares in the last quarter. Finally, Quantbot Technologies LP boosted its stake in ADT by 47.1% during the 4th quarter. Quantbot Technologies LP now owns 366,793 shares of the security and automation business’s stock valued at $2,535,000 after purchasing an additional 117,423 shares during the last quarter. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Morgan Stanley upped their price target on ADT from $8.50 to $9.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $9.00 price target on shares of ADT in a report on Wednesday, January 29th.

ADT Stock Up 1.4 %

ADT stock opened at $8.19 on Wednesday. ADT Inc. has a one year low of $6.10 and a one year high of $8.39. The stock has a market cap of $7.18 billion, a PE ratio of 8.90 and a beta of 1.58. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.64 and a current ratio of 0.81. The stock has a fifty day moving average of $7.58 and a 200 day moving average of $7.35.

ADT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 13th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.22 annualized dividend and a yield of 2.69%. ADT’s dividend payout ratio (DPR) is presently 41.51%.

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.