Campbell & CO Investment Adviser LLC Takes Position in ADT Inc. $ADT

Campbell & CO Investment Adviser LLC acquired a new position in ADT Inc. (NYSE:ADT) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 235,138 shares of the security and automation business’s stock, valued at approximately $1,992,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. GAMMA Investing LLC raised its position in shares of ADT by 69.5% during the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after buying an additional 1,329 shares in the last quarter. AlphaQuest LLC lifted its position in ADT by 80.9% in the 1st quarter. AlphaQuest LLC now owns 5,301 shares of the security and automation business’s stock worth $43,000 after buying an additional 2,370 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in ADT in the second quarter worth approximately $50,000. Bayforest Capital Ltd bought a new position in ADT during the first quarter valued at approximately $74,000. Finally, NorthRock Partners LLC bought a new stake in shares of ADT in the 2nd quarter worth approximately $85,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.

ADT Trading Down 1.7%

NYSE:ADT opened at $8.13 on Tuesday. ADT Inc. has a 12 month low of $6.71 and a 12 month high of $8.94. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99. The company has a 50-day moving average price of $8.62 and a 200-day moving average price of $8.48. The stock has a market cap of $6.76 billion, a price-to-earnings ratio of 11.78 and a beta of 1.00.

ADT (NYSE:ADT) last issued its quarterly earnings data on Friday, April 22nd. The security and automation business reported ($0.12) EPS for the quarter. ADT had a return on equity of 18.96% and a net margin of 12.52%.The company had revenue of $1.31 billion during the quarter. Equities analysts predict that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be paid a dividend of $0.055 per share. The ex-dividend date is Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a yield of 2.7%. ADT’s payout ratio is presently 31.88%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ADT. Wall Street Zen cut shares of ADT from a “buy” rating to a “hold” rating in a research report on Saturday. Morgan Stanley lifted their price target on ADT from $9.00 to $9.50 and gave the stock an “equal weight” rating in a research note on Monday, July 28th. Weiss Ratings reissued a “buy (b)” rating on shares of ADT in a research note on Wednesday, October 8th. Citigroup lifted their target price on shares of ADT from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Finally, Zacks Research lowered shares of ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9.38.

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.