Two Sigma Advisers LP Invests $61,000 in ADT Inc (ADT) Stock

Two Sigma Advisers LP acquired a new position in shares of ADT Inc (NYSE:ADT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,100 shares of the security and automation business’s stock, valued at approximately $61,000.

Other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its position in shares of ADT by 10.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 40,800 shares of the security and automation business’s stock worth $245,000 after buying an additional 4,000 shares during the period. M&T Bank Corp raised its position in ADT by 9.5% in the 4th quarter. M&T Bank Corp now owns 59,319 shares of the security and automation business’s stock valued at $356,000 after purchasing an additional 5,147 shares during the last quarter. United Services Automobile Association raised its position in ADT by 33.9% in the 4th quarter. United Services Automobile Association now owns 21,124 shares of the security and automation business’s stock valued at $127,000 after purchasing an additional 5,351 shares during the last quarter. Lee Danner & Bass Inc. raised its position in ADT by 2.8% in the 4th quarter. Lee Danner & Bass Inc. now owns 255,575 shares of the security and automation business’s stock valued at $1,536,000 after purchasing an additional 7,020 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new position in ADT in the 4th quarter valued at $45,000. 96.67% of the stock is currently owned by institutional investors.

Shares of ADT stock remained flat at $$6.33 on Wednesday. The stock had a trading volume of 2,670,613 shares, compared to its average volume of 2,395,188. The company has a market capitalization of $4.62 billion, a P/E ratio of -39.56, a P/E/G ratio of 0.79 and a beta of 2.31. ADT Inc has a 12 month low of $5.88 and a 12 month high of $9.84. The company has a current ratio of 0.44, a quick ratio of 0.34 and a debt-to-equity ratio of 2.25.

ADT (NYSE:ADT) last released its earnings results on Monday, March 11th. The security and automation business reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.15). The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.16 billion. ADT had a negative return on equity of 2.45% and a negative net margin of 11.01%. On average, analysts predict that ADT Inc will post 0.88 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Tuesday, June 11th will be paid a dividend of $0.035 per share. The ex-dividend date of this dividend is Monday, June 10th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 2.21%. ADT’s dividend payout ratio (DPR) is presently -87.50%.

Several equities analysts have issued reports on ADT shares. Barclays reiterated a “buy” rating and issued a $10.00 price objective on shares of ADT in a research report on Wednesday, March 13th. Morgan Stanley set a $10.00 price objective on ADT and gave the company a “buy” rating in a research report on Tuesday, January 29th. ValuEngine upgraded ADT from a “sell” rating to a “hold” rating in a research report on Wednesday, May 8th. Zacks Investment Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 12th. Finally, Citigroup downgraded ADT from a “buy” rating to a “neutral” rating and cut their price objective for the company from $13.00 to $8.25 in a research report on Tuesday, March 12th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $10.53.

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ADT Profile

ADT Inc provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies such as injuries, medical emergencies, or incapacitation.

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Institutional Ownership by Quarter for ADT (NYSE:ADT)

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