2 weeks Ago By ABMN Staff
LPL Financial LLC lifted its holdings in shares of APi Group Co. ( NYSE:APG – Free Report ) by 555.2% in the 4th quarter, HoldingsChannel reports.
The fund owned 298,615 shares of the company’s stock after purchasing an additional 253,039 shares during the period. LPL Financial LLC’s holdings in APi Group were worth $10,741,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently made changes to their positions in APG.
Equitable Trust Co. increased its holdings in APi Group by 1.7% during the 4th quarter.
Equitable Trust Co. now owns 20,676 shares of the company’s stock worth $744,000 after purchasing an additional 351 shares in the last quarter. CIBC Asset Management Inc raised its position in APi Group by 5.
3% in the 4th quarter. CIBC Asset Management Inc now owns 7,380 shares of the company’s stock valued at $265,000 after buying an additional 370 shares during the last quarter. Blue Trust Inc.
raised its position 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 buying an additional 386 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in APi Group by 53.
4% during 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 in the last quarter.
Finally, The Manufacturers Life Insurance Company boosted its holdings in APi Group by 0.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 57,718 shares of the company’s stock worth $1,906,000 after acquiring an additional 450 shares during the last quarter.
Institutional investors and hedge funds own 86.62% of the company’s stock. Wall Street Analyst Weigh In Several analysts have recently commented on APG shares.
UBS Group lowered their target price on shares of APi Group from $45.00 to $44.00 and set a “buy” rating for the company in a report on Tuesday, February 18th.
Citigroup decreased their price target on APi Group from $45.00 to $43.00 and set a “buy” rating for the company in a research report on Monday, January 13th.
Truist Financial reiterated a “buy” rating and set a $48.00 price target (up from $45.00) on shares of APi Group in a report on Thursday, February 27th.
Barclays reduced their price objective on APi Group from $44.00 to $43.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th.
Finally, Royal Bank of Canada upgraded APi Group from a “sector perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research note on Tuesday, January 14th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock.
According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $43.29.
APi Group Stock Performance Shares of APG opened at $33.97 on Friday. APi Group Co.
has a 1 year low of $31.44 and a 1 year high of $41.31.
The company has a debt-to-equity ratio of 0.96, a current ratio of 1.51 and a quick ratio of 1.
42. The stock’s fifty day moving average price is $37.60 and its two-hundred day moving average price is $36.
40. The firm has a market cap of $9.43 billion, a PE ratio of -17.
24 and a beta of 1.55. Insider Activity at APi Group In other news, Director James E.
Lillie sold 50,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $37.97, for a total value 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 trade represents a 4.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .
18.20% of the stock is currently owned by company insiders. APi Group Profile ( 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 Also Want to see what other hedge funds are holding APG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for APi Group Co. ( NYSE:APG – Free Report ). 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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