APi Group Co. (NYSE:APG) Stock Holdings Boosted by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in APi Group Co. (NYSE:APG - Free Report) by 16.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 240,617 shares of the company's stock after acquiring an additional 33,630 shares during the period. Natixis Advisors LLC owned approximately 0.09% of APi Group worth $7,945,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Janus Henderson Group PLC boosted its holdings in APi Group by 6,312.4% in the 1st quarter. Janus Henderson Group PLC now owns 4,884,712 shares of the company's stock worth $191,822,000 after acquiring an additional 4,808,536 shares during the period. Blackstone Inc. acquired a new position in APi Group in the 1st quarter worth $139,191,000. Capital Research Global Investors grew its stake in shares of APi Group by 271.2% during the first quarter. Capital Research Global Investors now owns 4,321,383 shares of the company's stock valued at $169,701,000 after acquiring an additional 3,157,283 shares in the last quarter. Cooke & Bieler LP increased its position in shares of APi Group by 218.9% during the second quarter. Cooke & Bieler LP now owns 2,884,540 shares of the company's stock worth $108,545,000 after acquiring an additional 1,979,931 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of APi Group by 39.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,443,315 shares of the company's stock worth $253,030,000 after acquiring an additional 1,826,227 shares in the last quarter. Institutional investors and hedge funds own 86.62% of the company's stock.

Insider Activity at APi Group

In other news, Director Ian G. H. Ashken sold 53,868 shares of the firm's stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $36.87, for a total transaction of $1,986,113.16. Following the transaction, the director now directly owns 5,478,779 shares of the company's stock, valued at approximately $202,002,581.73. This trade represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Louis Lambert sold 5,679 shares of APi Group stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $36.04, for a total transaction of $204,671.16. Following the sale, the senior vice president now owns 2,421 shares in the company, valued at approximately $87,252.84. This represents a 70.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 71,115 shares of company stock worth $2,618,569 in the last ninety days. 18.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on APG shares. JPMorgan Chase & Co. dropped their price objective on APi Group from $37.00 to $34.00 and set a "neutral" rating on the stock in a report on Friday, August 2nd. Barclays raised their price objective on shares of APi Group from $43.00 to $44.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $45.00 price target on shares of APi Group in a research report on Friday, November 1st. Finally, Robert W. Baird cut their price objective on APi Group from $43.00 to $42.00 and set an "outperform" rating on the stock in a research note on Friday, August 2nd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $44.00.

APi Group Stock Performance

APG stock traded up $0.01 during midday trading on Friday, reaching $37.01. The company had a trading volume of 1,398,873 shares, compared to its average volume of 1,710,807. 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 50 day moving average price of $34.33 and a 200 day moving average price of $35.55. The firm has a market capitalization of $10.17 billion, a PE ratio of -18.79 and a beta of 1.54. APi Group Co. has a fifty-two week low of $29.75 and a fifty-two week high of $39.98.

APi Group (NYSE:APG - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.51 EPS for the quarter, hitting analysts' consensus estimates of $0.51. APi Group had a return on equity of 33.89% and a net margin of 3.01%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the prior year, the business earned $0.48 EPS. The firm's revenue was up 2.4% on a year-over-year basis. Analysts anticipate that APi Group Co. will post 1.86 earnings per share for the current year.

APi Group 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.