American Public Education (NASDAQ:APEI) Rating Lowered 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 research report report published on Thursday.

APEI has been the subject of a number of other reports. Truist Financial boosted their price objective on American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday. Barrington Research increased their price objective on shares of American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, B. Riley lifted their price objective 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.

American Public Education Stock Down 1.6 %

APEI traded down $0.30 during trading hours on Thursday, hitting $18.15. 88,894 shares of the company’s stock were exchanged, compared to its average volume of 197,700. The company has a current ratio of 2.65, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37. American Public Education has a 12-month low of $5.41 and a 12-month high of $21.04. The firm has a market cap of $321.29 million, a P/E ratio of 32.95, a price-to-earnings-growth ratio of 2.83 and a beta of 1.24. The firm has a 50 day moving average of $15.08 and a 200 day moving average of $16.24.

Insiders Place Their Bets

In other news, Director Michael David Braner purchased 59,179 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average cost of $14.05 per share, for a total transaction of $831,464.95. Following the completion of the purchase, the director now directly owns 1,788,688 shares in the company, valued at $25,131,066.40. The trade was a 3.42 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders purchased 117,983 shares of company stock valued at $1,747,393. 11.38% of the stock is owned by company insiders.

Institutional Investors Weigh In On American Public Education

A number of institutional investors have recently added to or reduced their stakes in APEI. Innealta Capital LLC purchased a new stake in shares of American Public Education in the 2nd quarter worth about $34,000. Quarry LP boosted its position in American Public Education by 94.0% during the 2nd quarter. Quarry LP now owns 4,666 shares of the company’s stock worth $82,000 after purchasing an additional 2,261 shares during the period. Empowered Funds LLC raised its stake in shares of American Public Education by 5.2% during the third quarter. Empowered Funds LLC now owns 86,299 shares of the company’s stock valued at $1,273,000 after purchasing an additional 4,288 shares during the period. MetLife Investment Management LLC lifted its stake in shares of American Public Education by 129.1% in the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after acquiring an additional 5,187 shares in the last quarter. Finally, FMR LLC boosted its stake in American Public Education by 350.3% during the 3rd quarter. FMR LLC now owns 11,658 shares of the company’s stock valued at $172,000 after acquiring an additional 9,069 shares during the last quarter. Hedge funds and other institutional investors own 79.62% of the company’s stock.

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.