A&I Financial Services LLC Takes $574,000 Position in ADT Inc. (NYSE:ADT)

A&I Financial Services LLC bought a new stake in ADT Inc. (NYSE:ADT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 83,025 shares of the security and automation business’s stock, valued at approximately $574,000. ADT accounts for about 0.6% of A&I Financial Services LLC’s investment portfolio, making the stock its 28th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its holdings in ADT by 0.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 172,226 shares of the security and automation business’s stock worth $1,245,000 after buying an additional 1,343 shares in the last quarter. Highland Capital Management LLC lifted its stake in shares of ADT by 6.5% in the fourth quarter. Highland Capital Management LLC now owns 29,453 shares of the security and automation business’s stock worth $204,000 after acquiring an additional 1,810 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in ADT by 10.8% in the third quarter. Sanctuary Advisors LLC now owns 21,745 shares of the security and automation business’s stock valued at $164,000 after purchasing an additional 2,112 shares during the last quarter. New York State Teachers Retirement System grew its stake in ADT by 12.9% during the 3rd quarter. New York State Teachers Retirement System now owns 26,674 shares of the security and automation business’s stock valued at $193,000 after purchasing an additional 3,054 shares in the last quarter. Finally, KBC Group NV increased its holdings in ADT by 46.9% during the 3rd quarter. KBC Group NV now owns 10,577 shares of the security and automation business’s stock worth $76,000 after purchasing an additional 3,375 shares during the last quarter. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on ADT. Royal Bank of Canada reiterated a “sector perform” rating and set a $9.00 target price on shares of ADT in a research note on Wednesday, January 29th. Morgan Stanley increased their price objective on shares of ADT from $8.50 to $9.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th.

ADT Trading Up 7.8 %

NYSE:ADT opened at $8.12 on Friday. ADT Inc. has a 52 week low of $6.10 and a 52 week high of $8.33. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.93. The company has a market cap of $7.36 billion, a PE ratio of 8.82 and a beta of 1.50. The business’s 50 day moving average is $7.28 and its two-hundred day moving average is $7.30.

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.