12,722 Shares in ADT Inc. (NYSE:ADT) Acquired by OMNI 360 Wealth Inc.

OMNI 360 Wealth Inc. bought a new stake in ADT Inc. (NYSE:ADT) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,722 shares of the security and automation business’s stock, valued at approximately $104,000.

Several other large investors have also added to or reduced their stakes in the business. Sei Investments Co. boosted its stake in shares of ADT by 1,132.1% in the 4th quarter. Sei Investments Co. now owns 243,702 shares of the security and automation business’s stock valued at $1,684,000 after purchasing an additional 223,922 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in ADT by 13.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,259,189 shares of the security and automation business’s stock valued at $36,341,000 after acquiring an additional 609,842 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of ADT by 93.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 212,728 shares of the security and automation business’s stock worth $1,732,000 after purchasing an additional 102,538 shares during the last quarter. Norges Bank purchased a new position in ADT during the fourth quarter valued at $153,824,000. Finally, Captrust Financial Advisors grew its stake in shares of ADT by 133.1% during the 4th quarter. Captrust Financial Advisors now owns 55,356 shares of the security and automation business’s stock valued at $383,000 after purchasing an additional 31,610 shares during the period. Institutional investors and hedge funds own 87.22% of the company’s stock.

ADT Stock Down 0.4%

Shares of NYSE ADT opened at $8.41 on Wednesday. The stock’s 50-day simple moving average is $8.33 and its 200-day simple moving average is $7.83. ADT Inc. has a 1 year low of $6.53 and a 1 year high of $8.72. The firm has a market cap of $7.04 billion, a price-to-earnings ratio of 14.50 and a beta of 1.21. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.60 and a current ratio of 0.77.

ADT (NYSE:ADT) last posted its quarterly earnings results on Thursday, April 24th. The security and automation business reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. ADT had a net margin of 11.03% and a return on equity of 17.23%. ADT’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.16 earnings per share. As a group, equities analysts anticipate that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Investors of record on Thursday, June 12th were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 2.62%. The ex-dividend date was Thursday, June 12th. ADT’s payout ratio is 37.93%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Royal Bank Of Canada restated a “sector perform” rating and set a $9.00 price target on shares of ADT in a report on Monday, April 21st. Barclays raised ADT from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $7.00 to $9.00 in a report on Friday, April 4th.

Insider Transactions at ADT

In other news, major shareholder Apollo Management Holdings Gp, sold 50,000,000 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $8.02, for a total value of $401,000,000.00. Following the sale, the insider owned 228,650,366 shares of the company’s stock, valued at $1,833,775,935.32. The trade was a 17.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 2.70% of the company’s stock.

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.