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ADT Corporation (NYSE:ADT) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, reports. They currently have a $55.00 target price on the stock. Stifel Nicolaus’ target price would suggest a potential upside of 83.09% from the stock’s previous close.

ADT has been the subject of a number of other recent research reports. Analysts at Oppenheimer downgraded shares of ADT Corporation from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of ADT Corporation in a research note to investors on Wednesday, January 8th. They now have a $42.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. ADT Corporation has a consensus rating of “Hold” and a consensus price target of $44.14.

ADT Corporation (NYSE:ADT) traded down 4.33% on Friday, hitting $30.04. 13,858,131 shares of the company’s stock traded hands. ADT Corporation has a 1-year low of $29.56 and a 1-year high of $50.37. The stock’s 50-day moving average is $38.96 and its 200-day moving average is $40.69. The company has a market cap of $6.061 billion and a price-to-earnings ratio of 16.70. ADT Corporation also was the recipient of unusually large options trading activity on Thursday. Investors acquired 15,761 call options on the company. This represents an increase of 521% compared to the typical volume of 2,538 call options.

ADT Corporation (NYSE:ADT) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.43 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.49 by $0.06. The company had revenue of $775.00 million for the quarter, compared to the consensus estimate of $849.50 million. On average, analysts predict that ADT Corporation will post $2.07 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, February 19th. Investors of record on Wednesday, January 29th will be paid a dividend of 0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Monday, January 27th. This is an increase from ADT Corporation’s previous quarterly dividend of $0.13.

The ADT Corporation (NYSE:ADT) is a provider of electronic security, interactive home and business automation and related monitoring services.

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