Susquehanna International Group LLP Buys 55,286 Shares of APi Group Co. (NYSE:APG)

Susquehanna International Group LLP increased its stake in APi Group Co. (NYSE:APG - Free Report) by 13.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 453,005 shares of the company's stock after buying an additional 55,286 shares during the period. Susquehanna International Group LLP owned 0.16% of APi Group worth $16,295,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of APi Group by 1.6% in the third quarter. Barclays PLC now owns 364,281 shares of the company's stock worth $12,026,000 after buying an additional 5,701 shares in the last quarter. Virtu Financial LLC bought a new position in APi Group in the 3rd quarter valued at approximately $813,000. Wilmington Savings Fund Society FSB purchased a new stake in APi Group during the 3rd quarter valued at $450,000. Tidal Investments LLC increased its holdings in shares of APi Group by 10.8% in the 3rd quarter. Tidal Investments LLC now owns 54,553 shares of the company's stock worth $1,801,000 after purchasing an additional 5,337 shares in the last quarter. Finally, Everence Capital Management Inc. purchased a new position in shares of APi Group in the fourth quarter worth $288,000. Institutional investors own 86.62% of the company's stock.

APi Group Stock Performance

NYSE:APG traded up $2.49 during mid-day trading on Thursday, hitting $40.32. 3,210,302 shares of the company traded hands, compared to its average volume of 1,668,697. The stock's fifty day moving average price is $36.28 and its 200-day moving average price is $36.62. The company has a quick ratio of 1.42, a current ratio of 1.51 and a debt-to-equity ratio of 0.96. APi Group Co. has a one year low of $30.76 and a one year high of $41.31. The firm has a market cap of $11.14 billion, a price-to-earnings ratio of -20.47 and a beta of 1.55.

APi Group (NYSE:APG - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02. APi Group had a net margin of 3.01% and a return on equity of 33.89%. During the same period last year, the business posted $0.34 earnings per share. The firm's revenue was up 7.4% on a year-over-year basis. Research analysts anticipate that APi Group Co. will post 1.83 earnings per share for the current fiscal year.

Insider Activity

In related news, Director James E. Lillie sold 50,000 shares of APi Group stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $37.97, for a total transaction of $1,898,500.00. Following the sale, the director now owns 1,046,203 shares of the company's stock, valued at approximately $39,724,327.91. This trade represents a 4.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 17.00% of the company's stock.

Wall Street Analyst Weigh In

APG has been the subject of a number of recent analyst reports. Barclays decreased their target price on APi Group from $44.00 to $43.00 and set an "overweight" rating for the company in a research report on Wednesday, March 26th. UBS Group lowered their price objective on shares of APi Group from $45.00 to $44.00 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. Royal Bank of Canada raised shares of APi Group from a "sector perform" rating to an "outperform" rating and set a $45.00 target price for the company in a research report on Tuesday, January 14th. Citigroup decreased their target price on shares of APi Group from $46.00 to $42.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Robert W. Baird raised their price target on APi Group from $40.00 to $46.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, APi Group currently has an average 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.