Wells Fargo & Company MN cut its stake in shares of APi Group Co. ( NYSE:APG – Free Report ) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
The firm owned 56,215 shares of the company’s stock after selling 1,185 shares during the quarter. Wells Fargo & Company MN’s holdings in APi Group were worth $2,022,000 at the end of the most recent reporting period. Several other hedge funds also recently bought and sold shares of the company.
Blue Trust Inc. lifted its stake in APi Group by 92.3% in the 4th quarter.
Blue Trust Inc. now owns 804 shares of the company’s stock worth $27,000 after purchasing an additional 386 shares in the last quarter. ORG Wealth Partners LLC bought a new position in APi Group in the fourth quarter worth approximately $34,000.
First Horizon Advisors Inc. raised its holdings in shares of APi Group by 53.4% in the fourth 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. R Squared Ltd bought a new position in shares of APi Group during the fourth quarter valued at approximately $85,000.
Finally, Principal Securities Inc. raised its position in shares of APi Group by 28.1% in the 4th quarter.
Principal Securities Inc. now owns 2,611 shares of the company’s stock worth $94,000 after acquiring an additional 573 shares in the last quarter. Institutional investors own 86.
62% of the company’s stock. APi Group Stock Performance NYSE:APG opened at $37.47 on Friday.
The company’s 50-day moving average is $36.45 and its two-hundred day moving average is $36.52.
The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of -19.02 and a beta of 1.
55. APi Group Co. has a 1-year low of $30.
76 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.
Insider Buying and Selling at APi Group Wall Street Analysts Forecast Growth Several equities analysts have issued reports on APG shares. Royal Bank of Canada raised shares of APi Group from a “sector perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a report on Tuesday, January 14th.
UBS Group reduced their price objective on APi Group from $45.00 to $44.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th.
Barclays dropped their price target on shares of APi Group from $44.00 to $43.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 26th.
Citigroup decreased their target price on APi Group from $46.00 to $42.00 and set a “buy” rating on the stock in a research report on Monday, April 14th.
Finally, Truist Financial restated a “buy” rating and issued a $48.00 target price (up previously from $45.00) on shares of APi Group in a research report on Thursday, February 27th.
One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.
14. Check Out Our Latest Report on APi Group About APi Group ( 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. Recommended Stories 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.
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Business
Wells Fargo & Company MN Sells 1,185 Shares of APi Group Co. (NYSE:APG)

Wells Fargo & Company MN cut its stake in shares of APi Group Co. (NYSE:APG – Free Report) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,215 shares of the company’s stock after selling 1,185 shares during the quarter. [...]