ADT Inc. (NYSE:ADT) Stock Holdings Decreased by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC decreased its position in ADT Inc. (NYSE:ADT) by 6.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 494,958 shares of the security and automation business’s stock after selling 32,076 shares during the period. Brandywine Global Investment Management LLC owned about 0.05% of ADT worth $3,420,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADT. The Manufacturers Life Insurance Company boosted its position in shares of ADT by 0.8% in the third quarter. The Manufacturers Life Insurance Company now owns 172,226 shares of the security and automation business’s stock worth $1,245,000 after buying an additional 1,343 shares during the period. Atria Investments Inc grew its stake in ADT by 9.9% during the 4th quarter. Atria Investments Inc now owns 15,008 shares of the security and automation business’s stock valued at $104,000 after acquiring an additional 1,358 shares in the last quarter. Highland Capital Management LLC increased its holdings in shares of ADT by 6.5% in the 4th quarter. Highland Capital Management LLC now owns 29,453 shares of the security and automation business’s stock valued at $204,000 after purchasing an additional 1,810 shares during the period. Sanctuary Advisors LLC lifted its position in shares of ADT by 10.8% in the third quarter. Sanctuary Advisors LLC now owns 21,745 shares of the security and automation business’s stock worth $164,000 after purchasing an additional 2,112 shares in the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of ADT by 17.4% during the fourth quarter. Private Advisor Group LLC now owns 25,802 shares of the security and automation business’s stock worth $178,000 after purchasing an additional 3,831 shares during the period. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

ADT Price Performance

Shares of ADT opened at $8.38 on Thursday. 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 firm has a market cap of $7.35 billion, a PE ratio of 9.11 and a beta of 1.58. The firm’s 50 day moving average price is $7.69 and its 200 day moving average price is $7.40. ADT Inc. has a twelve month low of $6.10 and a twelve month high of $8.39.

ADT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.63%. ADT’s dividend payout ratio is currently 41.51%.

ADT Company 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.