Focus Partners Advisor Solutions LLC Buys 44,191 Shares of ADT Inc. $ADT

Focus Partners Advisor Solutions LLC raised its stake in shares of ADT Inc. (NYSE:ADT) by 106.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,742 shares of the security and automation business’s stock after acquiring an additional 44,191 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in ADT were worth $726,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in ADT by 11.6% during the 1st quarter. Vanguard Group Inc. now owns 49,715,950 shares of the security and automation business’s stock valued at $404,688,000 after acquiring an additional 5,160,835 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in ADT by 21.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 26,077,931 shares of the security and automation business’s stock valued at $212,264,000 after acquiring an additional 4,624,120 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of ADT by 2,089.4% during the 2nd quarter. Allianz Asset Management GmbH now owns 14,638,575 shares of the security and automation business’s stock worth $123,989,000 after purchasing an additional 13,969,976 shares during the period. AQR Capital Management LLC raised its stake in shares of ADT by 86.6% during the 1st quarter. AQR Capital Management LLC now owns 13,119,098 shares of the security and automation business’s stock worth $105,543,000 after purchasing an additional 6,089,671 shares during the period. Finally, LSV Asset Management raised its stake in shares of ADT by 15.7% during the 1st quarter. LSV Asset Management now owns 12,545,184 shares of the security and automation business’s stock worth $102,118,000 after purchasing an additional 1,701,861 shares during the period. 87.22% of the stock is currently owned by institutional investors.

ADT Trading Down 0.2%

Shares of ADT opened at $8.73 on Wednesday. The business has a 50-day moving average of $8.68 and a 200 day moving average of $8.44. ADT Inc. has a fifty-two week low of $6.71 and a fifty-two week high of $8.94. The firm has a market cap of $7.25 billion, a P/E ratio of 13.22 and a beta of 1.05. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.37 and a current ratio of 0.46.

ADT (NYSE:ADT) last announced its quarterly earnings data on Friday, April 22nd. The security and automation business reported ($0.12) earnings per share for the quarter. ADT had a return on equity of 18.58% and a net margin of 12.30%.The firm had revenue of $1.31 billion during the quarter. As a group, research analysts forecast that ADT Inc. will post 0.7 EPS for the current year.

Wall Street Analyst Weigh In

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