OneDigital Investment Advisors LLC Has $304,000 Stock Holdings in APi Group Co. (NYSE:APG)

OneDigital Investment Advisors LLC boosted its holdings in shares of APi Group Co. (NYSE:APG) by 12.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,454 shares of the company’s stock after acquiring an additional 938 shares during the period. OneDigital Investment Advisors LLC’s holdings in APi Group were worth $304,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of APG. Barclays PLC grew its holdings in APi Group by 1.6% during the 3rd quarter. Barclays PLC now owns 364,281 shares of the company’s stock worth $12,026,000 after acquiring an additional 5,701 shares during the period. Virtu Financial LLC acquired a new stake in APi Group during the 3rd quarter worth $813,000. Wilmington Savings Fund Society FSB acquired a new stake in APi Group during the 3rd quarter worth $450,000. Tidal Investments LLC grew its holdings in APi Group by 10.8% during the 3rd quarter. Tidal Investments LLC now owns 54,553 shares of the company’s stock worth $1,801,000 after acquiring an additional 5,337 shares during the period. Finally, Everence Capital Management Inc. acquired a new position in shares of APi Group in the 4th quarter valued at $288,000. Institutional investors and hedge funds own 86.62% of the company’s stock.

APi Group Trading Down 0.2 %

APG opened at $37.36 on Tuesday. The stock has a market capitalization of $10.32 billion, a P/E ratio of -18.96 and a beta of 1.55. APi Group Co. has a 12 month low of $30.76 and a 12 month high of $41.31. The firm’s fifty day simple moving average is $36.39 and its 200 day simple moving average is $36.61. The company has a current ratio of 1.51, a quick ratio of 1.42 and a debt-to-equity ratio of 0.96.

Insider Activity at APi Group

In other APi Group news, Director James E. Lillie sold 50,000 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $37.97, for a total transaction of $1,898,500.00. Following the sale, the director now directly owns 1,046,203 shares of the company’s stock, valued at $39,724,327.91. The trade was a 4.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 17.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on APG. Truist Financial reissued a “buy” rating and issued a $48.00 price target (up previously from $45.00) on shares of APi Group in a report on Thursday, February 27th. UBS Group decreased their price target on shares of APi Group from $45.00 to $44.00 and set a “buy” rating for the company in a report on Tuesday, February 18th. Barclays decreased their price target on shares of APi Group from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Wednesday, March 26th. Citigroup decreased their price target on shares of APi Group from $46.00 to $42.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, 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 for the company in a report on Tuesday, January 14th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $43.14.

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.