StockNews.com Upgrades American Public Education (NASDAQ:APEI) to Buy

American Public Education (NASDAQ:APEI) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Tuesday.

Other research analysts have also issued reports about the stock. Barrington Research raised their target price on shares of American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Truist Financial raised their target price on shares of American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday, November 14th. Finally, B. Riley raised their target price on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, November 7th.

American Public Education Trading Up 4.4 %

Shares of APEI opened at $23.27 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65. American Public Education has a 1 year low of $8.13 and a 1 year high of $23.33. The company has a 50 day simple moving average of $17.71 and a two-hundred day simple moving average of $16.80. The firm has a market cap of $412.16 million, a P/E ratio of 41.55, a price-to-earnings-growth ratio of 3.11 and a beta of 1.31.

Hedge Funds Weigh In On American Public Education

Several institutional investors and hedge funds have recently added to or reduced their stakes in APEI. Renaissance Technologies LLC grew its stake in shares of 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 acquiring an additional 127,000 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings 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 worth $10,411,000 after purchasing an additional 42,984 shares during the period. Geode Capital Management LLC lifted its holdings 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 worth $5,963,000 after purchasing an additional 2,573 shares during the period. American Century Companies Inc. lifted its holdings in shares of 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 period. Finally, State Street Corp lifted its holdings in shares of American Public Education by 27.2% during the third quarter. State Street Corp now owns 275,889 shares of the company’s stock worth $4,069,000 after purchasing an additional 58,984 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.