APi Group Co. (NYSE:APG) Stock Position Boosted by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC raised its stake in shares of APi Group Co. (NYSE:APG) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,979 shares of the company’s stock after buying an additional 586 shares during the period. Dynasty Wealth Management LLC’s holdings in APi Group were worth $503,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new position in shares of APi Group during the third quarter valued at approximately $26,000. Blue Trust Inc. increased its position in shares of APi Group by 92.3% during the 4th quarter. Blue Trust Inc. now owns 804 shares of the company’s stock valued at $27,000 after purchasing an additional 386 shares during the period. ORG Wealth Partners LLC bought a new stake in shares of APi Group in the 4th quarter worth $34,000. Avior Wealth Management LLC acquired a new stake in shares of APi Group in the third quarter valued at $33,000. Finally, R Squared Ltd bought a new position in APi Group during the fourth quarter valued at about $85,000. 86.62% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on APG. Royal Bank of Canada upgraded 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 research report on Tuesday, January 14th. Robert W. Baird boosted their target price on shares of APi Group from $40.00 to $46.00 and gave the stock an “outperform” rating in a report on Thursday. William Blair restated an “outperform” rating on shares of APi Group in a report on Thursday, December 5th. UBS Group dropped their price target on APi Group from $45.00 to $44.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Finally, Citigroup reduced their price objective on APi Group from $45.00 to $43.00 and set a “buy” rating for the company in a research note on Monday, January 13th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $44.00.

APi Group Stock Up 1.3 %

APG stock opened at $39.20 on Friday. The company’s 50 day simple moving average is $37.63 and its 200-day simple moving average is $36.02. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.51 and a quick ratio of 1.42. APi Group Co. has a 52-week low of $31.44 and a 52-week high of $41.31. The firm has a market capitalization of $10.77 billion, a P/E ratio of -19.90 and a beta of 1.55.

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.