1 week Ago By Defense World Staff
Prudential Financial Inc. decreased its holdings in shares of APi Group Co. (NYSE:APG – Free Report) by 41.
4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 10,485 shares of the company’s stock after selling 7,421 shares during the period. Prudential Financial Inc.
’s holdings in APi Group were worth $377,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently modified their holdings of APG. Blue Trust Inc.
grew its position in APi Group by 92.3% during the 4th quarter. Blue Trust Inc.
now owns 804 shares of the company’s stock worth $27,000 after purchasing an additional 386 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of APi Group during the fourth quarter valued at $34,000. First Horizon Advisors Inc.
increased its position in shares of APi Group by 53.4% in the 4th quarter. First Horizon Advisors Inc.
now owns 1,190 shares of the company’s stock valued at $43,000 after acquiring an additional 414 shares during the period. Strategic Financial Concepts LLC raised its stake in APi Group by 2,058.1% in the 4th quarter.
Strategic Financial Concepts LLC now owns 227,618 shares of the company’s stock worth $82,000 after acquiring an additional 217,071 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in APi Group during the 4th quarter worth about $85,000. 86.
62% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their BetsIn other news, Director James E. Lillie sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, March 3rd.
The stock was sold at an average price of $37.97, for a total transaction of $1,898,500.00.
Following the completion of the transaction, the director now directly owns 1,046,203 shares of the company’s stock, valued at $39,724,327.91. This represents a 4.
56 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 18.
20% of the stock is currently owned by company insiders. Wall Street Analysts Forecast GrowthSeveral research analysts have recently issued reports on APG shares. Royal Bank of Canada upgraded APi Group from a “sector perform” rating to an “outperform” rating and set a $45.
00 price objective for the company in a research note on Tuesday, January 14th. Truist Financial reissued a “buy” rating and set a $48.00 price target (up from $45.
00) on shares of APi Group in a research report on Thursday, February 27th. Citigroup dropped their price objective on shares of APi Group from $45.00 to $43.
00 and set a “buy” rating on the stock in a report on Monday, January 13th. UBS Group decreased their target price on shares of APi Group from $45.00 to $44.
00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Finally, Barclays cut their price target on APi Group from $44.00 to $43.
00 and set an “overweight” rating on the stock in a research report on Wednesday, March 26th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.
29.Get Our Latest Analysis on APGAPi Group Trading Up 10.0 %Shares of APi Group stock opened at $35.
43 on Thursday. The firm has a 50-day simple moving average of $37.08 and a two-hundred day simple moving average of $36.
34. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.
42 and a current ratio of 1.51. APi Group Co.
has a fifty-two week low of $30.76 and a fifty-two week high of $41.31.
The company has a market cap of $9.83 billion, a P/E ratio of -17.98 and a beta of 1.
55. About APi Group (Free Report)APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments.
The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.See AlsoFive stocks we like better than APi GroupWhat is MarketRank? How to Use itQuantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreWhat Are the FAANG Stocks and Are They Good Investments?Are Tariffs Threatening Disney’s Comeback Story?Canada Bond Market Holiday: How to Invest and Trade Is Alphabet a Generational Buying Opportunity at These Levels?.
