APi Group Co. (NYSE:APG) Shares Bought by Advisor OS LLC

Advisor OS LLC boosted its holdings in APi Group Co. (NYSE:APG) by 2.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 78,544 shares of the company’s stock after purchasing an additional 1,867 shares during the period. Advisor OS LLC’s holdings in APi Group were worth $2,956,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Truist Financial Corp boosted its holdings in APi Group by 66.7% in the fourth quarter. Truist Financial Corp now owns 23,841 shares of the company’s stock worth $825,000 after purchasing an additional 9,540 shares during the period. Victory Capital Management Inc. grew its position in shares of APi Group by 3.2% during the 4th quarter. Victory Capital Management Inc. now owns 208,042 shares of the company’s stock valued at $7,198,000 after buying an additional 6,531 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in APi Group by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,678,342 shares of the company’s stock worth $92,671,000 after acquiring an additional 24,212 shares during the period. Thompson Siegel & Walmsley LLC bought a new position in APi Group in the fourth quarter worth about $4,325,000. Finally, Norwood Investment Partners LP boosted its stake in APi Group by 3.7% in the fourth quarter. Norwood Investment Partners LP now owns 767,671 shares of the company’s stock valued at $26,561,000 after acquiring an additional 27,311 shares during the period. 86.62% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

APG has been the topic of a number of research reports. Robert W. Baird dropped their price target on APi Group from $43.00 to $42.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. JPMorgan Chase & Co. reduced their price target on shares of APi Group from $37.00 to $34.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. 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 report on Monday, August 5th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.86.

Insider Transactions at APi Group

In other APi Group news, major shareholder Global Investors Lp Viking sold 1,951,782 shares of the business’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $38.15, for a total transaction of $74,460,483.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, major shareholder Global Investors Lp Viking sold 1,951,782 shares of APi Group stock in a transaction on Monday, June 17th. The shares were sold at an average price of $38.15, for a total value of $74,460,483.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Louis Lambert sold 5,679 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $36.04, for a total value of $204,671.16. Following the transaction, the senior vice president now owns 2,421 shares in the company, valued at $87,252.84. The disclosure for this sale can be found here. Insiders sold a total of 2,292,140 shares of company stock valued at $86,113,640 in the last three months. 16.40% of the stock is currently owned by corporate insiders.

APi Group Stock Down 0.8 %

APG opened at $32.82 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.38 and a current ratio of 1.48. The company has a market capitalization of $9.00 billion, a PE ratio of -15.27, a P/E/G ratio of 1.04 and a beta of 1.56. The stock’s fifty day moving average is $35.62 and its 200-day moving average is $36.93. APi Group Co. has a one year low of $24.61 and a one year high of $39.98.

APi Group (NYSE:APG) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. APi Group had a net margin of 2.81% and a return on equity of 36.53%. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.79 billion. During the same period in the previous year, the business earned $0.41 earnings per share. APi Group’s revenue for the quarter was down 2.3% compared to the same quarter last year. On average, equities analysts predict that APi Group Co. will post 1.87 EPS for the current fiscal year.

APi Group Company Profile

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.