Truist Financial Boosts American Public Education (NASDAQ:APEI) Price Target to $20.00

American Public Education (NASDAQ:APEI) had its price objective upped by Truist Financial from $15.00 to $20.00 in a research note issued to investors on Thursday,Benzinga reports. Truist Financial currently has a hold rating on the stock.

Several other research analysts have also issued reports on APEI. StockNews.com lowered shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 7th. Barrington Research increased their price objective on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, B. Riley boosted their target price on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th.

American Public Education Price Performance

Shares of APEI opened at $18.32 on Thursday. The firm has a market cap of $324.45 million, a PE ratio of 32.71, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24. American Public Education has a 52-week low of $5.41 and a 52-week high of $21.04. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.83 and a current ratio of 2.65. The business’s 50 day moving average price is $15.15 and its two-hundred day moving average price is $16.30.

Insiders Place Their Bets

In related news, Director Michael David Braner purchased 26,539 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was acquired at an average price of $14.71 per share, for a total transaction of $390,388.69. Following the purchase, the director now owns 1,824,820 shares of the company’s stock, valued at approximately $26,843,102.20. This trade represents a 1.48 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders have acquired 117,983 shares of company stock worth $1,747,393. Insiders own 11.38% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Renaissance Technologies LLC grew its holdings in American Public Education by 14.5% during the second quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock worth $17,651,000 after buying an additional 127,000 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of American Public Education by 7.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 592,213 shares of the company’s stock worth $10,411,000 after acquiring an additional 42,984 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of American Public Education by 329.5% in the second quarter. Assenagon Asset Management S.A. now owns 425,064 shares of the company’s stock valued at $7,473,000 after purchasing an additional 326,091 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of American Public Education by 0.6% during the third quarter. Geode Capital Management LLC now owns 404,168 shares of the company’s stock valued at $5,963,000 after purchasing an additional 2,573 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in American Public Education by 43.6% during the second quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock worth $6,182,000 after purchasing an additional 106,689 shares during the last quarter. Institutional investors own 79.62% of the company’s stock.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.