Allspring Global Investments Holdings Reduces $48M in APi Group Corporation ($APG)
Key Points
- Allspring Global Investments Holdings changed its APi Group Corporation ($APG) stake by 23.45% last quarter, cutting to 3,698,161 shares worth $156.62 million.
- Wall Street's consensus rating on $APG is Strong Buy and an average price target of $52.36.
- $APG last traded around $42.35.
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Allspring Global Investments Holdings reduced its position in APi Group Corporation ($APG) by 23.45% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,698,161 shares of APi Group Corporation after selling 1,133,058 shares during the quarter. Allspring Global Investments Holdings's holdings in APi Group Corporation were worth $156.62 million as of its most recent filing.
APi Group Corporation Stock Up 6.7%
Shares of APi Group Corporation ($APG) traded around $42.35 on Saturday, up 6.7% for the day.
APi Group Corporation Earnings
Analysts Set New Price Targets
About APi Group Corporation
APi Group Corporation provides fire and life safety, security, elevator and escalator, and specialty services worldwide. It operates in two segments, Safety Services and Specialty Services. The company offers fire protection solutions; electronic security systems; and elevators and escalators, including the design, installation, inspection, service, and monitoring of life safety systems to high tech services, advanced manufacturing, healthcare, fulfillment and distribution centers, and critical infrastructure end markets. It also provides various specialty contracting, fabrication and distribution, and infrastructure and utility services to critical infrastructure, high tech services, and healthcare end markets. The company was formerly known as J2 Acquisition Limited and changed its name to APi Group Corporation in October 2019. APi Group Corporation was founded in 1926 and is headquartered in New Brighton, Minnesota.
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