ADT Inc. (NYSE:ADT) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of ADT Inc. (NYSE:ADT) by 1.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 922,325 shares of the security and automation business’s stock after buying an additional 9,732 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.10% of ADT worth $6,668,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Pacer Advisors Inc. boosted its holdings in shares of ADT by 20.3% in the third quarter. Pacer Advisors Inc. now owns 30,941,509 shares of the security and automation business’s stock valued at $223,707,000 after acquiring an additional 5,222,972 shares during the period. Ariel Investments LLC grew its holdings in ADT by 2.6% in the 2nd quarter. Ariel Investments LLC now owns 30,360,559 shares of the security and automation business’s stock valued at $230,740,000 after buying an additional 780,762 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of ADT by 61.5% in the 2nd 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 purchasing an additional 4,705,544 shares in the last quarter. LSV Asset Management lifted its stake in shares of ADT by 186.0% in the 2nd quarter. LSV Asset Management now owns 9,646,113 shares of the security and automation business’s stock valued at $73,310,000 after purchasing an additional 6,272,974 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in ADT by 75.0% during 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 acquiring an additional 3,370,550 shares in the last quarter. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

ADT Stock Performance

Shares of ADT stock opened at $7.34 on Wednesday. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.64. ADT Inc. has a fifty-two week low of $6.02 and a fifty-two week high of $8.25. The stock’s 50-day moving average is $7.37 and its two-hundred day moving average is $7.35. The firm has a market cap of $6.65 billion, a P/E ratio of 7.97 and a beta of 1.49.

ADT (NYSE:ADT) last released its quarterly earnings results on Thursday, October 24th. The security and automation business reported $0.20 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $1.22 billion. During the same quarter in the prior year, the company posted $0.07 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. Analysts predict that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be given a $0.055 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.00%. ADT’s dividend payout ratio is currently 23.91%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ADT shares. 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. The Goldman Sachs Group upped their price objective on ADT from $8.20 to $9.20 and gave the company a “buy” rating in a report on Friday, October 25th.

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.