Cwm LLC Has $43,000 Stock Holdings in APi Group Co. (NYSE:APG)

Cwm LLC grew its holdings in APi Group Co. (NYSE:APG) by 41.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,591 shares of the company’s stock after acquiring an additional 466 shares during the quarter. Cwm LLC’s holdings in APi Group were worth $43,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of APG. Russell Investments Group Ltd. boosted its stake in APi Group by 1.0% in the 1st quarter. Russell Investments Group Ltd. now owns 368,018 shares of the company’s stock worth $8,273,000 after purchasing an additional 3,485 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in APi Group by 1.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,977,787 shares of the company’s stock worth $44,461,000 after purchasing an additional 31,825 shares during the period. Fisher Asset Management LLC acquired a new position in APi Group in the 1st quarter worth $17,657,000. Scoggin Management LP acquired a new position in APi Group in the 1st quarter worth $2,248,000. Finally, FNY Investment Advisers LLC boosted its stake in APi Group by 78.4% in the 2nd quarter. FNY Investment Advisers LLC now owns 33,000 shares of the company’s stock worth $899,000 after purchasing an additional 14,500 shares during the period. 83.44% of the stock is currently owned by institutional investors.

APi Group Stock Up 3.5 %

NYSE:APG opened at $28.09 on Monday. APi Group Co. has a twelve month low of $18.15 and a twelve month high of $29.57. The company has a quick ratio of 1.31, a current ratio of 1.40 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $6.62 billion, a price-to-earnings ratio of 78.03, a price-to-earnings-growth ratio of 0.98 and a beta of 1.60. The stock’s 50 day moving average price is $26.31 and its two-hundred day moving average price is $26.03.

Analysts Set New Price Targets

A number of brokerages have recently commented on APG. TheStreet lowered shares of APi Group from a “b-” rating to a “c+” rating in a research report on Thursday, October 5th. Robert W. Baird boosted their price objective on shares of APi Group from $29.00 to $34.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Barclays boosted their price objective on shares of APi Group from $29.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, August 7th. Finally, Royal Bank of Canada boosted their price objective on shares of APi Group from $25.00 to $31.00 and gave the stock a “sector perform” rating in a research report on Friday, August 4th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, APi Group has an average rating of “Moderate Buy” and an average target price of $31.00.

Insider Buying and Selling at APi Group

In related news, Director James E. Lillie sold 166,666 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $27.29, for a total transaction of $4,548,315.14. Following the transaction, the director now directly owns 4,057,632 shares of the company’s stock, valued at approximately $110,732,777.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 16.40% of the company’s stock.

APi Group Profile

APi Group Corporation provides safety, specialty, and industrial services in North America, Europe, Australia, the Asian-Pacific, and other countries. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers safety solutions focusing on end-to-end integrated occupancy systems, such as fire protection solutions; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, and inspection and service of these integrated systems.