Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Buys 4,272 Shares of ADT Inc. (NYSE:ADT)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in ADT Inc. (NYSE:ADTFree Report) by 4.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 106,729 shares of the security and automation business’s stock after purchasing an additional 4,272 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in ADT were worth $640,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC grew its stake in ADT by 824.5% in the third quarter. CWM LLC now owns 4,447 shares of the security and automation business’s stock valued at $27,000 after purchasing an additional 3,966 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in ADT by 364.5% in the first quarter. Tower Research Capital LLC TRC now owns 4,060 shares of the security and automation business’s stock valued at $30,000 after purchasing an additional 3,186 shares in the last quarter. National Bank of Canada FI grew its stake in ADT by 88.3% in the second quarter. National Bank of Canada FI now owns 6,226 shares of the security and automation business’s stock valued at $37,000 after purchasing an additional 2,920 shares in the last quarter. Panagora Asset Management Inc. bought a new position in shares of ADT during the 2nd quarter worth approximately $60,000. Finally, Forum Financial Management LP bought a new position in shares of ADT during the 3rd quarter worth approximately $66,000. 87.22% of the stock is owned by institutional investors and hedge funds.

ADT Stock Performance

Shares of NYSE ADT opened at $6.59 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.63 and a debt-to-equity ratio of 2.73. ADT Inc. has a 12 month low of $4.89 and a 12 month high of $8.61. The stock has a 50 day moving average of $6.49 and a 200-day moving average of $6.28. The company has a market capitalization of $6.07 billion, a P/E ratio of 94.14 and a beta of 1.58.

ADT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 4th. Stockholders of record on Thursday, March 14th will be paid a dividend of $0.055 per share. This is an increase from ADT’s previous quarterly dividend of $0.04. This represents a $0.22 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend is Wednesday, March 13th. ADT’s payout ratio is currently 314.29%.

About ADT

(Free Report)

ADT Inc provides security, automation, and smart home solutions to consumer and business customers in the United States. It operates through Consumer and Small Business, Commercial, and Solar segments. The company provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers.

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Institutional Ownership by Quarter for ADT (NYSE:ADT)

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