ADT Target of Unusually Large Options Trading (NYSE:ADT)

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ADT Inc. (NYSE:ADTGet Rating) was the recipient of unusually large options trading on Monday. Stock investors purchased 12,561 call options on the company. This is an increase of 1,734% compared to the average volume of 685 call options.

Wall Street Analyst Weigh In

Separately, Morgan Stanley decreased their price target on ADT from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 20th.

ADT Stock Performance

NYSE ADT opened at $8.66 on Tuesday. The firm has a market capitalization of $7.89 billion, a P/E ratio of -216.50 and a beta of 1.97. ADT has a 1-year low of $6.00 and a 1-year high of $10.39. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.50 and a quick ratio of 0.33. The business’s 50-day simple moving average is $7.45 and its 200-day simple moving average is $7.23.

ADT (NYSE:ADTGet Rating) last released its quarterly earnings data on Thursday, August 4th. The security and automation business reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.12). The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. ADT had a negative net margin of 0.39% and a negative return on equity of 2.18%. The business’s revenue for the quarter was up 22.8% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.07) earnings per share. Equities analysts predict that ADT will post 0.1 EPS for the current year.

ADT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 4th. Investors of record on Thursday, September 15th will be issued a dividend of $0.035 per share. The ex-dividend date is Wednesday, September 14th. This represents a $0.14 annualized dividend and a dividend yield of 1.62%. ADT’s payout ratio is currently -350.00%.

Institutional Investors Weigh In On ADT

Hedge funds have recently modified their holdings of the stock. Northern Trust Corp increased its holdings in ADT by 1.7% during the 4th quarter. Northern Trust Corp now owns 825,060 shares of the security and automation business’s stock worth $6,939,000 after purchasing an additional 13,585 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of ADT by 77.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 42,806 shares of the security and automation business’s stock worth $360,000 after buying an additional 18,657 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of ADT by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,876,623 shares of the security and automation business’s stock worth $32,600,000 after buying an additional 87,984 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of ADT in the 4th quarter worth $137,000. Finally, Teacher Retirement System of Texas raised its stake in shares of ADT by 20.8% in the 4th quarter. Teacher Retirement System of Texas now owns 29,659 shares of the security and automation business’s stock worth $249,000 after buying an additional 5,097 shares in the last quarter. 85.63% of the stock is currently owned by hedge funds and other institutional investors.

ADT Company Profile

(Get Rating)

ADT Inc provides security, automation, and smart home solutions to consumer and business customers in the United States. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies, such as injuries, medical emergencies, or incapacitation.

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