American Public Education (NASDAQ:APEI) Downgraded to Hold Rating by 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 firms also recently weighed in on APEI. B. Riley increased their price target on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Truist Financial boosted their target price on American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday. Finally, Barrington Research upped their price target on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th.

American Public Education Trading Down 0.7 %

APEI opened at $18.32 on Thursday. The firm has a 50 day simple moving average of $15.15 and a 200 day simple moving average of $16.30. American Public Education has a fifty-two week low of $5.41 and a fifty-two week high of $21.04. The company has a market cap of $324.45 million, a price-to-earnings ratio of 32.71, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.83.

Insider Buying and Selling

In other American Public Education news, Director Michael David Braner purchased 14,393 shares of the stock in a transaction on Monday, August 26th. The stock was bought at an average cost of $15.69 per share, for a total transaction of $225,826.17. Following the completion of the acquisition, the director now directly owns 1,846,299 shares of the company’s stock, valued at $28,968,431.31. The trade was a 0.79 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have acquired 117,983 shares of company stock valued at $1,747,393. 11.38% of the stock is owned by company insiders.

Hedge Funds Weigh In On American Public Education

Institutional investors and hedge funds have recently modified their holdings of the business. Assenagon Asset Management S.A. lifted its stake in 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 buying an additional 326,091 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in American Public Education in the 1st quarter valued at $2,159,000. Renaissance Technologies LLC boosted its stake 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 worth $17,651,000 after purchasing an additional 127,000 shares during the period. Segall Bryant & Hamill LLC bought a new position in American Public Education during the 3rd quarter worth about $1,691,000. Finally, American Century Companies Inc. raised its stake in shares of American Public Education by 43.6% in the 2nd quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock valued at $6,182,000 after purchasing an additional 106,689 shares during the period. 79.62% of the stock is currently owned by institutional investors and hedge funds.

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.