Quantbot Technologies LP Has $2.54 Million Holdings in ADT Inc. (NYSE:ADT)

Quantbot Technologies LP boosted its holdings in shares of ADT Inc. (NYSE:ADT) by 47.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 366,793 shares of the security and automation business’s stock after buying an additional 117,423 shares during the quarter. Quantbot Technologies LP’s holdings in ADT were worth $2,535,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC boosted its holdings in shares of ADT by 35.6% during the third quarter. Geode Capital Management LLC now owns 5,875,140 shares of the security and automation business’s stock worth $42,487,000 after acquiring an additional 1,543,677 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of ADT by 911.6% during the third quarter. BNP Paribas Financial Markets now owns 195,810 shares of the security and automation business’s stock worth $1,416,000 after acquiring an additional 176,454 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of ADT by 26.0% during the third 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 during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of ADT by 13.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,259,189 shares of the security and automation business’s stock worth $36,341,000 after acquiring an additional 609,842 shares during the period. Finally, Janney Montgomery Scott LLC boosted 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 acquiring an additional 41,682 shares during the period. Institutional investors own 87.22% of the company’s stock.

ADT Trading Down 0.3 %

Shares of ADT stock opened at $7.74 on Friday. 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 has a market cap of $6.78 billion, a P/E ratio of 8.41 and a beta of 1.58. The stock has a 50 day simple moving average of $7.53 and a 200 day simple moving average of $7.34. ADT Inc. has a 1 year low of $6.10 and a 1 year high of $8.39.

ADT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Thursday, March 13th will be paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 2.84%. The ex-dividend date is Thursday, March 13th. ADT’s dividend payout ratio (DPR) is currently 41.51%.

Wall Street Analyst Weigh In

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

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.