4 days Ago By Defense World Staff
Envestnet Asset Management Inc. grew its position in APi Group Co. ( NYSE:APG – Free Report ) by 21.
0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 494,094 shares of the company’s stock after acquiring an additional 85,831 shares during the period. Envestnet Asset Management Inc.
owned about 0.18% of APi Group worth $17,773,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also made changes to their positions in APG.
Blue Trust Inc. boosted its holdings in APi Group by 92.3% in the 4th quarter.
Blue Trust Inc. now owns 804 shares of the company’s stock valued at $27,000 after purchasing an additional 386 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of APi Group in the 4th quarter valued at approximately $34,000.
First Horizon Advisors Inc. boosted its stake in shares of APi Group by 53.4% in the fourth quarter.
First Horizon Advisors Inc. now owns 1,190 shares of the company’s stock valued at $43,000 after buying an additional 414 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in APi Group by 2,058.
1% during the fourth 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 period. Finally, R Squared Ltd purchased a new position in APi Group in the fourth quarter worth $85,000.
86.62% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of equities analysts have recently weighed in on the stock.
Robert W. Baird upped their price target on shares of APi Group from $40.00 to $46.
00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Barclays dropped their target price on shares of APi Group from $44.00 to $43.
00 and set an “overweight” rating for the company in a report on Wednesday, March 26th. Citigroup decreased their price target on APi Group from $46.00 to $42.
00 and set a “buy” rating on the stock in a research note on Monday. Truist Financial reaffirmed a “buy” rating and issued a $48.00 price objective (up from $45.
00) on shares of APi Group in a research note on Thursday, February 27th. Finally, Royal Bank of Canada raised APi Group from a “sector perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a report on Tuesday, January 14th.
One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $43.
14. Insider Buying and Selling at APi Group In other APi Group news, Director James E. Lillie sold 50,000 shares of the stock in a transaction 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 transaction, the director now 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 document filed with the SEC, which is available through this link . 18.
20% of the stock is owned by insiders. APi Group Stock Up 1.2 % APG opened at $35.
78 on Wednesday. The firm has a market cap of $9.88 billion, a P/E ratio of -18.
16 and a beta of 1.55. The business’s fifty day simple moving average is $36.
84 and its 200 day simple moving average is $36.37. APi Group Co.
has a 52 week low of $30.76 and a 52 week high of $41.31.
The company has a quick ratio of 1.42, a current ratio of 1.51 and a debt-to-equity ratio of 0.
96. 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. Further Reading Five stocks we like better than APi Group Short Selling – The Pros and Cons Beware of BigBear.ai: Insiders Are Selling—Should You? Dividend Screener: How to Evaluate Dividend Stocks Before Buying CrowdStrike Stock is a Buy as Cyberthreat Environment Expands What Are Treasury Bonds? Congress! Who Traded What During the Tariff-Induced Meltdown Receive News & Ratings for APi Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for APi Group and related companies with MarketBeat.
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