American Public Education (NASDAQ:APEI) Cut to “Hold” at StockNews.com

StockNews.com lowered shares of American Public Education (NASDAQ:APEI) from a buy rating to a hold rating in a report issued on Thursday.

A number of other research analysts also recently weighed in on APEI. B. Riley upped their target price on American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Barrington Research upped their price target on American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Truist Financial raised their price objective on American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday.

American Public Education Trading Down 0.7 %

Shares of APEI opened at $18.32 on Thursday. American Public Education has a 1-year low of $5.41 and a 1-year high of $21.04. The company has a current ratio of 2.65, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37. The firm’s 50-day moving average price is $15.15 and its 200-day moving average price is $16.29. The firm has a market capitalization of $324.30 million, a price-to-earnings ratio of 32.71, a PEG ratio of 2.83 and a beta of 1.24.

Insider Buying and Selling

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

Institutional Investors Weigh In On American Public Education

A number of institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC lifted its position in American Public Education by 14.5% in the 2nd quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock valued at $17,651,000 after acquiring an additional 127,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of American Public Education by 7.8% during the second quarter. Dimensional Fund Advisors LP now owns 592,213 shares of the company’s stock valued at $10,411,000 after buying an additional 42,984 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in American Public Education by 329.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 425,064 shares of the company’s stock worth $7,473,000 after buying an additional 326,091 shares in the last quarter. Geode Capital Management LLC raised its position in American Public Education by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 404,168 shares of the company’s stock worth $5,963,000 after buying an additional 2,573 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in American Public Education by 43.6% during the 2nd quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock valued at $6,182,000 after acquiring an additional 106,689 shares during the period. 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.