Universal Beteiligungs und Servicegesellschaft mbH Has $5.51 Million Stock Position in APi Group Corporation $APG

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of APi Group Corporation (NYSE:APG) by 8.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,925 shares of the company’s stock after purchasing an additional 8,490 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in APi Group were worth $5,510,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. SVB Wealth LLC acquired a new position in shares of APi Group in the 1st quarter worth approximately $38,000. Ulland Investment Advisors LLC increased its stake in shares of APi Group by 41.5% in the second quarter. Ulland Investment Advisors LLC now owns 1,500 shares of the company’s stock valued at $77,000 after buying an additional 440 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of APi Group in the second quarter valued at about $98,000. Penserra Capital Management LLC acquired a new position in APi Group during the 2nd quarter worth about $197,000. Finally, Vista Finance LLC bought a new stake in APi Group during the 2nd quarter worth about $205,000. 86.62% of the stock is owned by institutional investors.

Insider Activity at APi Group

In related news, Director Martin E. Franklin sold 340,000 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $36.09, for a total transaction of $12,270,600.00. Following the sale, the director owned 18,968,790 shares of the company’s stock, valued at approximately $684,583,631.10. This trade represents a 1.76% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last three months, insiders have sold 2,100,000 shares of company stock valued at $73,910,000. 17.00% of the stock is owned by corporate insiders.

APi Group Stock Up 0.4%

NYSE:APG opened at $36.91 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.48 and a debt-to-equity ratio of 0.84. APi Group Corporation has a 12-month low of $20.50 and a 12-month high of $38.58. The stock’s fifty day simple moving average is $35.35 and its 200-day simple moving average is $34.15. The firm has a market capitalization of $15.35 billion, a P/E ratio of 100.67 and a beta of 1.64.

APi Group (NYSE:APG) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. APi Group had a return on equity of 21.86% and a net margin of 3.44%.The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter in the prior year, the company posted $0.51 earnings per share. The firm’s revenue was up 14.2% on a year-over-year basis. APi Group has set its FY 2025 guidance at EPS. Equities research analysts expect that APi Group Corporation will post 1.83 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of APi Group in a research note on Thursday, October 30th. Zacks Research lowered shares of APi Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Citigroup boosted their target price on APi Group from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Barclays upped their price target on APi Group from $42.00 to $44.00 and gave the company an “overweight” rating in a research note on Monday, November 3rd. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $38.52.

About APi Group

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.