Brokerages Set ADT Inc. (NYSE:ADT) Price Target at $9.38

ADT Inc. (NYSE:ADT) has been assigned a consensus rating of “Hold” from the six research firms that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $9.3750.

Several equities analysts have commented on ADT shares. Zacks Research downgraded shares of ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Citigroup lifted their target price on shares of ADT from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Weiss Ratings reissued a “buy (b-)” rating on shares of ADT in a report on Wednesday, November 19th. Finally, Wall Street Zen downgraded shares of ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new stake in shares of ADT during the third quarter worth $25,000. GAMMA Investing LLC increased its position in ADT by 69.5% during the second quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock worth $27,000 after acquiring an additional 1,329 shares during the period. Quent Capital LLC acquired a new stake in ADT in the 3rd quarter worth about $28,000. WPG Advisers LLC boosted its holdings 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 period. Finally, Osaic Holdings Inc. boosted its holdings in ADT by 39.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after purchasing an additional 1,240 shares during the period. 87.22% of the stock is owned by institutional investors and hedge funds.

ADT Price Performance

NYSE:ADT opened at $8.05 on Friday. ADT has a 12-month low of $6.71 and a 12-month high of $8.94. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of 11.66 and a beta of 1.00. The stock’s 50 day moving average price is $8.48 and its two-hundred day moving average price is $8.48. The company has a quick ratio of 0.54, a current ratio of 0.67 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) earnings per share for the quarter. ADT had a return on equity of 18.96% and a net margin of 12.52%.The business had revenue of $1.31 billion for the quarter. On average, analysts anticipate that ADT will post 0.7 earnings per share for the current year.

ADT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, December 11th. ADT’s dividend payout ratio (DPR) is presently 31.88%.

ADT Company Profile

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.