ADT Inc. (NYSE:ADT) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of ADT Inc. (NYSE:ADT) by 13.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,259,189 shares of the security and automation business’s stock after acquiring an additional 609,842 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.58% of ADT worth $36,341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in ADT by 35.6% in the third quarter. Geode Capital Management LLC now owns 5,875,140 shares of the security and automation business’s stock valued at $42,487,000 after purchasing an additional 1,543,677 shares during the period. Pacer Advisors Inc. grew its position in shares of ADT by 20.3% during the third quarter. Pacer Advisors Inc. now owns 30,941,509 shares of the security and automation business’s stock worth $223,707,000 after buying an additional 5,222,972 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of ADT by 911.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 195,810 shares of the security and automation business’s stock valued at $1,416,000 after purchasing an additional 176,454 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of ADT by 26.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 484,769 shares of the security and automation business’s stock worth $3,505,000 after acquiring an additional 100,134 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of ADT by 46.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 130,838 shares of the security and automation business’s stock worth $904,000 after purchasing an additional 41,682 shares during the period. 87.22% of the stock is owned by hedge funds and other institutional investors.

ADT Stock Performance

Shares of ADT stock opened at $7.47 on Friday. ADT Inc. has a 1-year low of $6.10 and a 1-year high of $8.39. The company has a market capitalization of $6.54 billion, a price-to-earnings ratio of 8.11 and a beta of 1.58. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.93. The stock’s fifty day simple moving average is $7.46 and its 200-day simple moving average is $7.32.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 13th will be paid a $0.055 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.22 annualized dividend and a yield of 2.95%. ADT’s dividend payout ratio is presently 41.51%.

Analysts Set New Price Targets

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

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.