Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

10 Billionaires Buy ADT Buzz

March 18, 2013 | About:
Sally Jones

Sally Jones

13 followers
What do these 10 billionaire investor Gurus have in common? They all recently invested in electronic security company, ADT Corporation (ADT), a GuruFocus top-ranked predictable company, at the end of 2012. A Tyco International spin-out dedicated to electronic security products and solutions, ADT got the attention of Investor Gurus Julian Robertson, John Burbank, Dodge & Cox, George Soros, Jean-Marie Eveillard, John Keeley, Mario Gabelli, Steven Cohen James Barrow, and Paul Tudor Jones--all bought ADT shares for the first time on Dec. 31, 2012, at $48 per share, with a change from average of 14%. Current share price is $49.43. Top buyer Dodge & Cox bought 6,810,838 ADT shares, followed by Jean-Marie Eveillard who bought 1,526,071 shares. At the low-end, Guru Paul Tudor Jones bought new holdings of 10,000 ADT shares. See detailed Guru Trade info here.

A leading provider of electronic security, detection, and monitoring for home and business, ADT features interactive and automated products and services for active people with increasingly mobile lifestyles. The Florida company employs approximately 16,000 people at 200 locations, and serves six million customers. This week ADT announced that its Board of Directors had declared a quarterly cash dividend of $0.125 per share of common stock, to be paid on May 15, 2013 to stockholders of record as of the close of business on April 24, 2013.

In January 2013, ADT's CEO Naren Gursahaney was positive about starting the new fiscal year with a very solid quarter characterized by continued strong growth and stabilization in attrition rates. He said, “Looking ahead to the balance of the year we will continue to focus on our ultimate objective of creating long-term value for our shareholders by reinvesting in our business to drive profitable growth, and returning excess cash to our shareholders.”

GuruFocus performed a thorough financial and performance checkup on ADT and found only one warning sign. The ADT price of $49.43 is close to its one-year high of $49.46.

Take a look at ADT’s growth for revenue per share:

ADT data by GuruFocus.com

About the author:


Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."

Related links:


Tickers in the article:


Download guru portfolio report (PDF format):

Dodge & CoxDownload Guru portfolio report
Dodge & Cox (Updated on 05/23/2013)
Paul Tudor JonesDownload Guru portfolio report
Paul Tudor Jones (Updated on 05/23/2013)

Track Gurus’ Stock Purchases Daily – Real Time Guru Picks

GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 3 days after the date of the transaction. This is just one of the features provided with GuruFocus Premium Membership.

Click Here to Try It Free!


Rating: 5.0/5 (4 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.