Hillsdale Investment Management Inc. significantly increased its stake in ADT Inc. by 37.7% in the third quarter, bringing its total holding to 469,400 shares valued at approximately $4.09 million. This move is part of broader institutional interest, with ADT’s stock currently having 87.22% ownership by institutional investors. Despite trading near $7.90 with a market cap of $6.47 billion, analysts maintain a consensus “Hold” rating with an average target price of $9.25.
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Hillsdale Investment Management Inc. Has $4.09 Million Stake in ADT Inc. $ADT
Hillsdale Investment Management Inc. significantly increased its stake in ADT Inc. by 37.7% in the third quarter, bringing its total holding to 469,400 shares valued at approximately $4.09 million. This move is part of broader institutional interest, with ADT’s stock currently having 87.22% ownership by institutional investors. Despite trading near $7.90 with a market cap of $6.47 billion, analysts maintain a consensus “Hold” rating with an average target price of $9.25.