Poinciana Advisors Group LLC Invests $111,000 in ADT Inc. (NYSE:ADT)

Poinciana Advisors Group LLC purchased a new position in shares of ADT Inc. (NYSE:ADT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,074 shares of the security and automation business’s stock, valued at approximately $111,000.

Other large investors have also recently added to or reduced their stakes in the company. Capstone Investment Advisors LLC bought a new position in ADT during the third quarter worth $76,000. Chicago Partners Investment Group LLC bought a new position in ADT during the fourth quarter worth $74,000. Mirae Asset Global Investments Co. Ltd. bought a new position in ADT during the fourth quarter worth $73,000. KBC Group NV lifted its stake in ADT by 46.9% during the third 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. Finally, Claro Advisors LLC bought a new position in ADT during the fourth quarter worth $88,000. 87.22% of the stock is currently owned by institutional investors.

ADT Stock Performance

ADT stock opened at $7.47 on Friday. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.64 and a current ratio of 0.81. The stock has a market capitalization of $6.54 billion, a price-to-earnings ratio of 8.11 and a beta of 1.58. ADT Inc. has a 1 year low of $6.10 and a 1 year high of $8.39. The stock’s fifty day moving average is $7.46 and its two-hundred day moving average is $7.32.

ADT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Thursday, March 13th will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Thursday, March 13th. ADT’s payout ratio is 41.51%.

Analyst Ratings Changes

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

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.