Universal Beteiligungs und Servicegesellschaft mbH Increases Stake in ADT Inc. $ADT

Universal Beteiligungs und Servicegesellschaft mbH raised its position in ADT Inc. (NYSE:ADT) by 27.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,236,727 shares of the security and automation business’s stock after acquiring an additional 265,503 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.15% of ADT worth $10,475,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC raised its holdings in ADT by 69.5% during the second quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock worth $27,000 after purchasing an additional 1,329 shares in the last quarter. Poinciana Advisors Group LLC increased its position in ADT by 9.1% during the 2nd quarter. Poinciana Advisors Group LLC now owns 17,544 shares of the security and automation business’s stock worth $149,000 after purchasing an additional 1,470 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of ADT by 4.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 41,189 shares of the security and automation business’s stock worth $349,000 after buying an additional 1,607 shares in the last quarter. Northwest Wealth Management LLC lifted its holdings in shares of ADT by 16.5% in the 2nd quarter. Northwest Wealth Management LLC now owns 12,495 shares of the security and automation business’s stock valued at $106,000 after buying an additional 1,769 shares during the period. Finally, Atria Investments Inc lifted its holdings in shares of ADT by 13.5% in the 2nd quarter. Atria Investments Inc now owns 15,119 shares of the security and automation business’s stock valued at $128,000 after buying an additional 1,803 shares during the period. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on ADT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of ADT in a report on Thursday, November 13th. Morgan Stanley upped their price target on shares of ADT from $9.00 to $9.50 and gave the stock an “equal weight” rating in a research note on Monday, July 28th. Zacks Research cut shares of ADT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Wall Street Zen downgraded shares of ADT from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Citigroup lifted their price target on shares of ADT from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $9.38.

ADT Price Performance

Shares of NYSE ADT opened at $7.89 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99. The company’s 50-day moving average price is $8.55 and its 200 day moving average price is $8.49. ADT Inc. has a 52 week low of $6.71 and a 52 week high of $8.94. The stock has a market cap of $6.46 billion, a price-to-earnings ratio of 11.43 and a beta of 1.00.

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

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.8%. ADT’s dividend payout ratio (DPR) is presently 31.88%.

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.