APi Group Co. (NYSE:APG) Stock Holdings Boosted by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in APi Group Co. (NYSE:APG - Free Report) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,124,584 shares of the company's stock after acquiring an additional 127,038 shares during the period. Vanguard Group Inc. owned approximately 8.42% of APi Group worth $831,791,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in shares of APi Group by 555.2% in the 4th quarter. LPL Financial LLC now owns 298,615 shares of the company's stock valued at $10,741,000 after purchasing an additional 253,039 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of APi Group in the 4th quarter worth $1,500,000. Sei Investments Co. boosted its holdings in APi Group by 46.2% in the fourth quarter. Sei Investments Co. now owns 647,411 shares of the company's stock valued at $23,287,000 after acquiring an additional 204,495 shares during the last quarter. American Century Companies Inc. grew its position in APi Group by 134.0% during the fourth quarter. American Century Companies Inc. now owns 50,977 shares of the company's stock valued at $1,834,000 after acquiring an additional 29,190 shares during the period. Finally, Royal London Asset Management Ltd. increased its stake in APi Group by 2.7% during the fourth quarter. Royal London Asset Management Ltd. now owns 150,837 shares of the company's stock worth $5,426,000 after acquiring an additional 3,976 shares during the last quarter. 86.62% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

APG has been the subject of a number of research reports. Robert W. Baird boosted their target price on APi Group from $40.00 to $46.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Royal Bank of Canada upgraded shares of APi Group from a "sector perform" rating to an "outperform" rating and set a $45.00 price objective for the company in a research note on Tuesday, January 14th. UBS Group cut their target price on shares of APi Group from $45.00 to $44.00 and set a "buy" rating on the stock in a research note on Tuesday, February 18th. William Blair reaffirmed an "outperform" rating on shares of APi Group in a research report on Thursday, December 5th. Finally, Citigroup cut their price objective on APi Group from $45.00 to $43.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $43.29.

Insider Buying and Selling at APi Group

In other news, Director James E. Lillie sold 50,000 shares of APi Group stock in a transaction dated Monday, March 3rd. The shares were 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 approximately $39,724,327.91. The trade was a 4.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 18.20% of the stock is currently owned by corporate insiders.

APi Group Stock Down 6.5 %

Shares of NYSE:APG traded down $2.36 during trading on Thursday, hitting $33.97. The company's stock had a trading volume of 1,876,194 shares, compared to its average volume of 1,682,192. The company has a market capitalization of $9.43 billion, a PE ratio of -17.24 and a beta of 1.55. APi Group Co. has a fifty-two week low of $31.44 and a fifty-two week high of $41.31. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.42 and a current ratio of 1.51. The stock's 50-day moving average price is $37.60 and its two-hundred day moving average price is $36.40.

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.