TFB Advisors LLC Makes New $77,000 Investment in ADT Inc. (NYSE:ADT)

TFB Advisors LLC purchased a new position in ADT Inc. (NYSE:ADT) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 11,919 shares of the security and automation business’s stock, valued at approximately $77,000.

Other institutional investors have also added to or reduced their stakes in the company. GSA Capital Partners LLP acquired a new stake in shares of ADT during the first quarter worth about $1,017,000. Nordea Investment Management AB lifted its holdings in shares of ADT by 31.4% during the first quarter. Nordea Investment Management AB now owns 1,297,954 shares of the security and automation business’s stock worth $8,703,000 after purchasing an additional 310,406 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of ADT by 3.0% during the first quarter. Janney Montgomery Scott LLC now owns 75,863 shares of the security and automation business’s stock worth $510,000 after purchasing an additional 2,183 shares during the period. BNP Paribas Financial Markets raised its position in ADT by 1.1% during the first quarter. BNP Paribas Financial Markets now owns 375,429 shares of the security and automation business’s stock valued at $2,523,000 after acquiring an additional 3,931 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in ADT by 14.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,732,598 shares of the security and automation business’s stock valued at $12,180,000 after acquiring an additional 220,412 shares during the period. Institutional investors and hedge funds own 87.22% of the company’s stock.

ADT Trading Up 1.8 %

ADT stock traded up $0.13 during midday trading on Thursday, reaching $7.34. 988,230 shares of the stock traded hands, compared to its average volume of 5,325,818. The company has a 50-day simple moving average of $7.25 and a two-hundred day simple moving average of $6.82. ADT Inc. has a 12-month low of $5.53 and a 12-month high of $7.84. The firm has a market cap of $6.77 billion, a PE ratio of 10.47 and a beta of 1.59. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 2.03.

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

ADT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Thursday, June 13th were paid a $0.055 dividend. The ex-dividend date was Thursday, June 13th. This represents a $0.22 annualized dividend and a dividend yield of 3.00%. ADT’s dividend payout ratio (DPR) is currently 31.43%.

Wall Street Analyst Weigh In

Separately, Barclays reduced their target price on ADT from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Friday, March 22nd.

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.