American Public Education (NASDAQ:APEI) Upgraded to Strong-Buy at B. Riley

B. Riley upgraded shares of American Public Education (NASDAQ:APEI) to a strong-buy rating in a report issued on Thursday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Barrington Research restated an “outperform” rating and set a $24.00 target price on shares of American Public Education in a research report on Friday, March 7th. Truist Financial increased their target price on American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a research note on Monday, March 10th. William Blair upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. Finally, StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 7th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $25.33.

American Public Education Stock Down 2.8 %

NASDAQ APEI opened at $22.48 on Thursday. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. American Public Education has a 52 week low of $11.80 and a 52 week high of $25.60. The firm has a market capitalization of $404.55 million, a price-to-earnings ratio of 40.14, a PEG ratio of 1.05 and a beta of 1.30. The company has a fifty day moving average of $21.88 and a two-hundred day moving average of $19.35.

Insider Activity at American Public Education

In other news, SVP Thomas Beckett sold 3,700 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the sale, the senior vice president now owns 60,253 shares in the company, valued at approximately $1,329,783.71. The trade was a 5.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.38% of the stock is currently owned by corporate insiders.

Institutional Trading of American Public Education

Large investors have recently bought and sold shares of the stock. New York State Teachers Retirement System acquired a new position in shares of American Public Education in the 4th quarter valued at $31,000. R Squared Ltd purchased a new position in shares of American Public Education in the fourth quarter worth about $38,000. SG Americas Securities LLC acquired a new position in American Public Education in the 4th quarter worth approximately $121,000. Public Employees Retirement System of Ohio purchased a new position in American Public Education during the 4th quarter worth approximately $124,000. Finally, MetLife Investment Management LLC raised its position in American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after buying an additional 5,187 shares during the last quarter. Hedge funds and other 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.