ADT Inc. (NYSE:ADT) Given Consensus Rating of “Hold” by Brokerages

ADT Inc. (NYSE:ADT) has been given a consensus rating of “Hold” by the six brokerages that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $9.25.

A number of brokerages have recently commented on ADT. Zacks Research downgraded ADT from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Wall Street Zen cut shares of ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley decreased their target price on shares of ADT from $9.50 to $9.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 15th. Finally, Citigroup lifted their price objective on shares of ADT from $9.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, August 26th.

ADT Stock Up 0.1%

ADT stock opened at $8.14 on Thursday. The company has a market capitalization of $6.67 billion, a P/E ratio of 11.79 and a beta of 0.94. ADT has a 12 month low of $6.71 and a 12 month high of $8.94. The firm’s fifty day simple moving average is $8.28 and its 200-day simple moving average is $8.44. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.67 and a quick ratio of 0.54.

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

ADT Dividend Announcement

The firm 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 $0.055 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a yield of 2.7%. ADT’s dividend payout ratio is presently 31.88%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ADT. Harbor Capital Advisors Inc. acquired a new stake in shares of ADT in the third quarter valued at about $25,000. GAMMA Investing LLC increased its stake in ADT by 69.5% during the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock worth $27,000 after buying an additional 1,329 shares in the last quarter. Quent Capital LLC acquired a new position in shares of ADT during the third quarter valued at approximately $28,000. IFP Advisors Inc boosted its stake in shares of ADT by 1,759.1% in the third quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after acquiring an additional 3,782 shares during the last quarter. Finally, WPG Advisers LLC increased its position in shares of ADT by 54.3% during the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock worth $36,000 after purchasing an additional 1,440 shares in the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

ADT Company Profile

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.