ADT Inc (NYSE:ADT) traded down 5.5% on Friday . The stock traded as low as $6.12 and last traded at $6.21. 3,742,493 shares were traded during trading, an increase of 54% from the average session volume of 2,429,088 shares. The stock had previously closed at $6.57.

Several equities research analysts recently weighed in on the company. Zacks Investment Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 12th. ValuEngine lowered ADT from a “hold” rating to a “sell” rating in a research report on Tuesday, February 5th. Morgan Stanley set a $10.00 price target on ADT and gave the company a “buy” rating in a research report on Tuesday, January 29th. Barclays restated a “buy” rating and set a $10.00 price target on shares of ADT in a research report on Wednesday, March 13th. Finally, Imperial Capital restated an “outperform” rating and set a $12.00 price target (down from $15.00) on shares of ADT in a research report on Friday, March 15th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. ADT has an average rating of “Buy” and an average price target of $11.03.

The company has a debt-to-equity ratio of 2.35, a current ratio of 0.84 and a quick ratio of 0.73. The firm has a market capitalization of $5.02 billion, a P/E ratio of -38.81, a price-to-earnings-growth ratio of 0.68 and a beta of 2.48.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 12th. Shareholders of record on Tuesday, April 2nd will be issued a $0.035 dividend. This represents a $0.14 annualized dividend and a yield of 2.25%. The ex-dividend date is Monday, April 1st. ADT’s dividend payout ratio (DPR) is -87.50%.

A number of institutional investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in ADT in the fourth quarter worth $34,420,000. Dimensional Fund Advisors LP boosted its holdings in ADT by 66.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 20,923 shares of the security and automation business’s stock worth $126,000 after acquiring an additional 8,359 shares in the last quarter. Hancock Whitney Corp boosted its holdings in ADT by 27.2% in the fourth quarter. Hancock Whitney Corp now owns 649,993 shares of the security and automation business’s stock worth $3,906,000 after acquiring an additional 138,877 shares in the last quarter. Sycomore Asset Management bought a new stake in ADT in the fourth quarter worth $6,813,000. Finally, Amundi Pioneer Asset Management Inc. boosted its holdings in ADT by 4.6% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 1,213,300 shares of the security and automation business’s stock worth $7,292,000 after acquiring an additional 53,500 shares in the last quarter. 97.36% of the stock is currently owned by institutional investors and hedge funds.

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About ADT (NYSE:ADT)

ADT Inc provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of burglary, video, access control, fire and smoke alarm, and medical alert solutions to residential, commercial, and multi-site customers. The company primarily offers professionally monitored security solutions; and interactive home and business automation solutions that are designed to control access, react to movement, and sense carbon monoxide, flooding, and changes in temperature or other environmental conditions, as well as address personal emergencies, such as injuries, medical emergencies, or incapacitation.

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