ADT Sees Unusually High Options Volume (NYSE:ADT)

ADT Inc. (NYSE:ADT) was the recipient of some unusual options trading activity on Monday. Stock investors purchased 3,052 put options on the company. This represents an increase of approximately 269% compared to the average daily volume of 827 put options.

Analyst Upgrades and Downgrades

ADT has been the subject of a number of analyst reports. Royal Bank of Canada boosted their price objective on shares of ADT from $8.00 to $9.00 and gave the company a “sector perform” rating in a report on Friday, October 25th. The Goldman Sachs Group boosted their price objective on shares of ADT from $8.20 to $9.20 and gave the company a “buy” rating in a report on Friday, October 25th.

ADT Stock Up 0.3 %

ADT traded up $0.02 during trading on Wednesday, reaching $7.37. The company had a trading volume of 5,529,582 shares, compared to its average volume of 5,328,216. The business’s fifty day moving average price is $7.18 and its 200 day moving average price is $7.18. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.75 and a quick ratio of 0.59. The company has a market cap of $6.80 billion, a P/E ratio of 10.53 and a beta of 1.53. ADT has a 12 month low of $5.53 and a 12 month high of $8.25.

ADT (NYSE:ADT) last announced its quarterly earnings data on Thursday, October 24th. The security and automation business reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. ADT had a net margin of 13.83% and a return on equity of 15.45%. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Equities analysts anticipate that ADT will post 0.62 EPS for the current year.

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend is Thursday, December 12th. ADT’s dividend payout ratio (DPR) is presently 31.43%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ADT. Acadian Asset Management LLC acquired a new stake in shares of ADT during the 2nd quarter worth about $26,000. Altshuler Shaham Ltd acquired a new stake in ADT in the 2nd quarter worth about $30,000. Duncker Streett & Co. Inc. acquired a new stake in ADT in the 2nd quarter worth about $38,000. Abich Financial Wealth Management LLC acquired a new stake in ADT in the 3rd quarter worth about $70,000. Finally, Checchi Capital Advisers LLC acquired a new stake in ADT in the 2nd quarter worth about $77,000. Institutional investors own 87.22% of the company’s stock.

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.