MQS Management LLC Purchases 4,300 Shares of ADT Inc. (NYSE:ADT)

MQS Management LLC boosted its position in shares of ADT Inc. (NYSE:ADT) by 34.4% in the 1st quarter, HoldingsChannel reports. The firm owned 16,796 shares of the security and automation business’s stock after buying an additional 4,300 shares during the period. MQS Management LLC’s holdings in ADT were worth $113,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in ADT by 10.7% in the 1st quarter. Vanguard Group Inc. now owns 35,406,307 shares of the security and automation business’s stock valued at $237,930,000 after acquiring an additional 3,427,575 shares in the last quarter. MGG Investment Group LP increased its position in ADT by 2.9% in the 4th quarter. MGG Investment Group LP now owns 11,974,970 shares of the security and automation business’s stock valued at $81,669,000 after acquiring an additional 341,015 shares in the last quarter. Dimensional Fund Advisors LP increased its position in ADT by 10.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,587,542 shares of the security and automation business’s stock valued at $51,748,000 after acquiring an additional 741,658 shares in the last quarter. LSV Asset Management acquired a new stake in ADT in the 1st quarter valued at about $22,667,000. Finally, Charles Schwab Investment Management Inc. increased its position in ADT by 13.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,358,277 shares of the security and automation business’s stock valued at $22,903,000 after acquiring an additional 385,491 shares in the last quarter. 87.22% of the stock is owned by institutional investors.

ADT Price Performance

ADT traded up $0.02 during midday trading on Thursday, hitting $7.71. The company had a trading volume of 4,395,040 shares, compared to its average volume of 5,197,624. ADT Inc. has a twelve month low of $5.53 and a twelve month high of $7.92. The firm’s 50-day simple moving average is $7.40 and its 200-day simple moving average is $6.89. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.56 and a current ratio of 0.71. The company has a market capitalization of $7.11 billion, a PE ratio of 11.01 and a beta of 1.59.

ADT (NYSE:ADT) last issued its quarterly earnings results on Thursday, April 25th. The security and automation business reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. ADT had a net margin of 12.81% and a return on equity of 15.98%. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the previous year, the company earned $0.11 EPS. ADT’s revenue was down 5.3% on a year-over-year basis. Equities research analysts predict that ADT Inc. will post 0.67 EPS for the current fiscal year.

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.