Savant Capital LLC raised its holdings in ADT Inc. (NYSE:ADT – Free Report) by 69.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 513,467 shares of the security and automation business’s stock after purchasing an additional 210,227 shares during the quarter. Savant Capital LLC owned approximately 0.06% of ADT worth $4,472,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in ADT. Osaic Holdings Inc. raised its holdings in shares of ADT by 39.9% in the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after buying an additional 1,240 shares during the last quarter. WPG Advisers LLC increased its position in ADT by 54.3% in the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after acquiring an additional 1,440 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of ADT by 4.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 41,189 shares of the security and automation business’s stock worth $349,000 after acquiring an additional 1,607 shares during the last quarter. Panagora Asset Management Inc. lifted its position in shares of ADT by 2.7% during the second quarter. Panagora Asset Management Inc. now owns 63,978 shares of the security and automation business’s stock worth $542,000 after purchasing an additional 1,699 shares in the last quarter. Finally, Atria Investments Inc lifted its position in shares of ADT by 13.5% during the second quarter. Atria Investments Inc now owns 15,119 shares of the security and automation business’s stock worth $128,000 after purchasing an additional 1,803 shares in the last quarter. Institutional investors own 87.22% of the company’s stock.
ADT Stock Performance
ADT stock opened at $8.09 on Friday. ADT Inc. has a twelve month low of $7.28 and a twelve month high of $8.94. The company has a quick ratio of 0.54, a current ratio of 0.67 and a debt-to-equity ratio of 1.99. The company has a market cap of $6.63 billion, a P/E ratio of 11.72 and a beta of 0.98. The business’s fifty day moving average is $8.10 and its 200-day moving average is $8.37.
Analyst Ratings Changes
A number of brokerages recently weighed in on ADT. Zacks Research lowered shares of ADT from a “hold” rating to a “strong sell” rating in a report on Friday, December 19th. Wall Street Zen cut ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley cut their price target on ADT from $9.50 to $9.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of ADT in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, ADT presently has a consensus rating of “Hold” and an average target price of $9.25.
Get Our Latest Analysis on ADT
ADT Company Profile
ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.
Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.
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