American Public Education, Inc. (NASDAQ:APEI) Shares Purchased by Fmr LLC

Fmr LLC lifted its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 350.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 11,658 shares of the company’s stock after acquiring an additional 9,069 shares during the period. Fmr LLC’s holdings in American Public Education were worth $172,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Ritholtz Wealth Management lifted its position in American Public Education by 97.9% during the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock worth $358,000 after acquiring an additional 10,081 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of American Public Education during the second quarter worth about $880,000. Renaissance Technologies LLC grew its stake in American Public Education by 14.5% in the second 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 in the last quarter. Acadian Asset Management LLC raised its position in shares of American Public Education by 121.3% during the 2nd quarter. Acadian Asset Management LLC now owns 194,365 shares of the company’s stock valued at $3,414,000 after acquiring an additional 106,535 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of American Public Education in the 3rd quarter valued at about $1,691,000. 79.62% of the stock is owned by institutional investors and hedge funds.

American Public Education Price Performance

NASDAQ APEI opened at $20.99 on Friday. American Public Education, Inc. has a twelve month low of $8.56 and a twelve month high of $23.84. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The stock has a market capitalization of $371.77 million, a PE ratio of 37.48, a P/E/G ratio of 3.11 and a beta of 1.31. The stock has a 50-day simple moving average of $18.32 and a 200 day simple moving average of $16.92.

Analysts Set New Price Targets

Several research firms have commented on APEI. Barrington Research upped their target price 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. StockNews.com raised American Public Education from a “hold” rating to a “buy” rating in a report on Tuesday, December 17th. B. Riley lifted their target price on shares of American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Truist Financial upped their price target on American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 14th.

About American Public Education

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.