What do these 10 billionaire investor Gurus have in common?
They all recently invested in electronic security company, 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
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.comAbout GuruFocus: GuruFocus.com tracks
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