Advisor OS LLC Has $346,000 Position in APi Group Co. (NYSE:APG)

Advisor OS LLC decreased its position in APi Group Co. (NYSE:APG - Free Report) by 87.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,615 shares of the company's stock after selling 65,854 shares during the quarter. Advisor OS LLC's holdings in APi Group were worth $346,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Janus Henderson Group PLC increased its stake in APi Group by 19.2% in the 3rd quarter. Janus Henderson Group PLC now owns 8,391,321 shares of the company's stock valued at $277,079,000 after buying an additional 1,351,013 shares during the last quarter. Geode Capital Management LLC increased its position in shares of APi Group by 2.9% in the third quarter. Geode Capital Management LLC now owns 3,730,499 shares of the company's stock valued at $123,217,000 after acquiring an additional 106,119 shares during the last quarter. State Street Corp boosted its position in APi Group by 3.7% during the third quarter. State Street Corp now owns 3,723,241 shares of the company's stock valued at $122,941,000 after purchasing an additional 132,971 shares during the last quarter. Swedbank AB grew its stake in APi Group by 9.6% in the fourth quarter. Swedbank AB now owns 2,422,000 shares of the company's stock valued at $87,119,000 after purchasing an additional 213,000 shares in the last quarter. Finally, M.D. Sass LLC increased its position in shares of APi Group by 7.5% during the 3rd quarter. M.D. Sass LLC now owns 2,313,473 shares of the company's stock worth $76,391,000 after purchasing an additional 160,595 shares during the last quarter. 86.62% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Analysts Set New Price Targets

Several research firms recently weighed in on APG. William Blair reissued an "outperform" rating on shares of APi Group in a research note on Thursday, December 5th. Truist Financial restated a "buy" rating and set a $48.00 price objective (up from $45.00) on shares of APi Group in a research note on Thursday. Barclays raised their target price on shares of APi Group from $43.00 to $44.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Royal Bank of Canada raised APi Group from a "sector perform" rating to an "outperform" rating and set a $45.00 price target on the stock in a research report on Tuesday, January 14th. Finally, UBS Group cut their price objective on APi Group from $45.00 to $44.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.00.

APi Group Stock Performance

Shares of APi Group stock traded down $1.98 on Monday, hitting $37.29. The stock had a trading volume of 2,844,219 shares, compared to its average volume of 1,623,718. APi Group Co. has a twelve month low of $31.44 and a twelve month 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. The stock has a market cap of $10.25 billion, a price-to-earnings ratio of -18.93 and a beta of 1.55. The business's 50 day moving average is $37.63 and its two-hundred day moving average is $36.05.

About APi Group

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.