Brokerages Set ADT Inc. (NYSE:ADT) PT at $9.25

ADT Inc. (NYSE:ADT) has earned an average recommendation of “Hold” from the six analysts that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $9.25.

Several equities research analysts have recently weighed in on the company. Wall Street Zen lowered ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Citigroup increased their price target on shares of ADT from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Zacks Research downgraded shares of ADT from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Morgan Stanley lowered their target price on shares of ADT from $9.50 to $9.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ADT in a research report on Monday, December 15th.

Institutional Trading of ADT

A number of large investors have recently made changes to their positions in ADT. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in ADT by 20.6% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,099 shares of the security and automation business’s stock worth $62,000 after buying an additional 1,213 shares during the period. Osaic Holdings Inc. grew its position in shares of ADT by 39.9% during the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after acquiring an additional 1,240 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of ADT by 69.5% in the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after acquiring an additional 1,329 shares during the period. WPG Advisers LLC raised its position in ADT by 54.3% in the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after purchasing an additional 1,440 shares during the last quarter. Finally, Poinciana Advisors Group LLC raised its position in ADT by 9.1% in the 2nd quarter. Poinciana Advisors Group LLC now owns 17,544 shares of the security and automation business’s stock valued at $149,000 after purchasing an additional 1,470 shares during the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

ADT Price Performance

Shares of ADT opened at $8.12 on Thursday. The firm has a market capitalization of $6.65 billion, a price-to-earnings ratio of 11.76 and a beta of 0.94. The firm’s fifty day simple moving average is $8.29 and its 200-day simple moving average is $8.44. ADT has a twelve month low of $6.71 and a twelve month high of $8.94. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99.

ADT (NYSE:ADT) last posted its earnings results on Friday, April 22nd. The security and automation business reported ($0.12) EPS for the quarter. The business had revenue of $1.31 billion during the quarter. ADT had a net margin of 12.52% and a return on equity of 18.96%. Equities analysts forecast that ADT will post 0.7 EPS for the current fiscal year.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.7%. ADT’s payout ratio is 31.88%.

About ADT

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.