83,025 Shares in ADT Inc. (NYSE:ADT) Purchased by A&I Financial Services LLC

A&I Financial Services LLC bought a new stake in ADT Inc. (NYSE:ADT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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 portfolio, making the stock its 28th largest holding.

Several other institutional investors also recently made changes to their positions in the stock. Capstone Investment Advisors LLC bought a new position in shares of ADT during the third quarter worth about $76,000. Chicago Partners Investment Group LLC acquired a new position in ADT during the 4th quarter valued at about $74,000. Mirae Asset Global Investments Co. Ltd. bought a new position in ADT in the 4th quarter worth about $73,000. KBC Group NV increased its stake in shares of ADT by 46.9% in the third quarter. KBC Group NV now owns 10,577 shares of the security and automation business’s stock valued at $76,000 after purchasing an additional 3,375 shares during the period. Finally, Creative Planning bought a new stake in shares of ADT during the third quarter valued at approximately $78,000. 87.22% of the stock is owned by institutional investors.

ADT Price Performance

NYSE ADT opened at $8.12 on Friday. ADT Inc. has a 12 month low of $6.10 and a 12 month high of $8.33. The firm has a market capitalization of $7.36 billion, a PE ratio of 8.82 and a beta of 1.50. The company’s 50 day simple moving average is $7.28 and its 200 day simple moving average is $7.30. The company has a debt-to-equity ratio of 1.93, a current ratio of 0.81 and a quick ratio of 0.64.

Analyst Upgrades and Downgrades

ADT has been the subject of a number of recent analyst reports. Morgan Stanley increased their price objective on ADT from $8.50 to $9.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Royal Bank of Canada reissued a “sector perform” rating and set a $9.00 price target on shares of ADT in a report on Wednesday, January 29th.

About ADT

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.