26,241 Shares in ADT Inc. (NYSE:ADT) Bought by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new position in shares of ADT Inc. (NYSE:ADT) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,241 shares of the security and automation business’s stock, valued at approximately $190,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. purchased a new position in ADT during the second quarter worth $195,461,000. Ariel Investments LLC increased its position in ADT by 31.8% during the first quarter. Ariel Investments LLC now owns 29,579,797 shares of the security and automation business’s stock worth $198,776,000 after buying an additional 7,131,950 shares in the last quarter. LSV Asset Management increased its position in ADT by 186.0% during the second quarter. LSV Asset Management now owns 9,646,113 shares of the security and automation business’s stock worth $73,310,000 after buying an additional 6,272,974 shares in the last quarter. Dimensional Fund Advisors LP increased its position in ADT by 61.5% during the second quarter. Dimensional Fund Advisors LP now owns 12,359,752 shares of the security and automation business’s stock worth $93,937,000 after buying an additional 4,705,544 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in ADT by 10.7% during the first quarter. Vanguard Group Inc. now owns 35,406,307 shares of the security and automation business’s stock worth $237,930,000 after buying an additional 3,427,575 shares in the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ADT has been the subject of several recent research reports. Royal Bank of Canada raised their price target on ADT from $8.00 to $9.00 and gave the stock a “sector perform” rating in a research report on Friday. The Goldman Sachs Group lifted their price objective on ADT from $8.20 to $9.20 and gave the company a “buy” rating in a research report on Friday.

ADT Stock Performance

Shares of ADT stock opened at $7.38 on Tuesday. ADT Inc. has a 12-month low of $5.53 and a 12-month high of $8.25. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 10.54 and a beta of 1.53. The business has a 50 day simple moving average of $7.19 and a 200 day simple moving average of $7.17. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.75 and a quick ratio of 0.59.

ADT (NYSE:ADT) last released its earnings results on Thursday, October 24th. The security and automation business reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. ADT had a return on equity of 15.45% and a net margin of 13.83%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm posted $0.07 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. On average, equities research analysts anticipate that ADT Inc. will post 0.62 EPS for the current year.

ADT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 12th will be issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Thursday, December 12th. ADT’s dividend payout ratio (DPR) is 31.43%.

ADT 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.