Natixis Makes New Investment in ADT Inc. (NYSE:ADT)

Natixis purchased a new stake in ADT Inc. (NYSE:ADT) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 57,289 shares of the security and automation business’s stock, valued at approximately $385,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nordea Investment Management AB grew its position in ADT by 31.4% in 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 acquiring an additional 310,406 shares during the period. GSA Capital Partners LLP purchased a new position in shares of ADT during the 1st quarter worth $1,017,000. Quantbot Technologies LP increased its position in shares of ADT by 452.9% during the 1st quarter. Quantbot Technologies LP now owns 179,036 shares of the security and automation business’s stock worth $1,203,000 after purchasing an additional 146,657 shares during the last quarter. MGG Investment Group LP raised its holdings 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 buying an additional 341,015 shares during the period. Finally, Invenomic Capital Management LP purchased a new stake in ADT in the 4th quarter valued at about $3,141,000. Institutional investors and hedge funds own 87.22% of the company’s stock.

ADT Trading Up 0.3 %

Shares of ADT stock opened at $7.73 on Friday. ADT Inc. has a 1-year low of $5.53 and a 1-year high of $7.92. The firm has a market cap of $7.13 billion, a PE ratio of 11.04 and a beta of 1.59. The company has a 50-day moving average of $7.41 and a two-hundred day moving average of $6.90. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.71 and a quick ratio of 0.56.

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