James E. Lillie Sells 11,568 Shares of APi Group Co. (NYSE:APG) Stock

APi Group Co. (NYSE:APG) Director James E. Lillie sold 11,568 shares of APi Group stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $36.98, for a total value of $427,784.64. Following the completion of the sale, the director now directly owns 1,134,635 shares in the company, valued at $41,958,802.30. This trade represents a 1.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

APi Group Trading Down 0.8 %

APG stock opened at $36.21 on Friday. APi Group Co. has a twelve month low of $28.86 and a twelve month high of $39.98. The company has a current ratio of 1.51, a quick ratio of 1.42 and a debt-to-equity ratio of 0.96. The firm’s fifty day simple moving average is $34.00 and its two-hundred day simple moving average is $35.61.

APi Group (NYSE:APG) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.51 EPS for the quarter, meeting the consensus estimate of $0.51. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.87 billion. APi Group had a net margin of 3.01% and a return on equity of 33.89%. The firm’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.48 EPS. Analysts predict that APi Group Co. will post 1.86 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on APG shares. JPMorgan Chase & Co. reduced their price objective on APi Group from $37.00 to $34.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $45.00 price target on shares of APi Group in a research note on Friday, November 1st. Robert W. Baird dropped their price objective on shares of APi Group from $43.00 to $42.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Finally, Barclays upped their target price on shares of APi Group from $43.00 to $44.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Institutional Investors Weigh In On APi Group

A number of institutional investors and hedge funds have recently modified their holdings of APG. Cetera Advisors LLC lifted its holdings in APi Group by 1.1% during the 1st quarter. Cetera Advisors LLC now owns 27,242 shares of the company’s stock valued at $1,070,000 after buying an additional 287 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of APi Group by 0.3% during the second quarter. Commonwealth Equity Services LLC now owns 108,711 shares of the company’s stock worth $4,091,000 after acquiring an additional 323 shares during the period. O Shaughnessy Asset Management LLC raised its stake in shares of APi Group by 4.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 7,071 shares of the company’s stock valued at $278,000 after acquiring an additional 333 shares in the last quarter. J.Safra Asset Management Corp boosted its holdings in shares of APi Group by 21.5% in the second quarter. J.Safra Asset Management Corp now owns 2,104 shares of the company’s stock valued at $79,000 after purchasing an additional 373 shares during the period. Finally, AQR Capital Management LLC grew its stake in APi Group by 2.1% in the second quarter. AQR Capital Management LLC now owns 20,059 shares of the company’s stock worth $755,000 after purchasing an additional 406 shares in the last quarter. 86.62% of the stock is owned by institutional investors.

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.