American Public Education (NASDAQ:APEI – Get Free Report) had its target price increased by equities researchers at Truist Financial from $20.00 to $24.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial’s price target suggests a potential upside of 13.74% from the stock’s current price.
APEI has been the topic of several other research reports. William Blair upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating in a research note on Friday, March 7th. Barrington Research reiterated an “outperform” rating and set a $24.00 price target on shares of American Public Education in a report on Friday, March 7th. Finally, StockNews.com upgraded American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, American Public Education presently has a consensus rating of “Buy” and an average target price of $24.33.
Check Out Our Latest Stock Report on American Public Education
American Public Education Stock Down 3.3 %
Shares of APEI stock traded down $0.73 on Monday, reaching $21.10. 122,851 shares of the company’s stock traded hands, compared to its average volume of 167,086. The business’s 50 day moving average price is $21.43 and its two-hundred day moving average price is $18.79. The company has a market capitalization of $373.72 million, a P/E ratio of 37.68, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. American Public Education has a 12-month low of $11.80 and a 12-month high of $25.60.
Insiders Place Their Bets
In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the completion of the sale, the senior vice president now owns 60,253 shares of the company’s stock, valued at $1,329,783.71. This represents a 5.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 11.38% of the company’s stock.
Hedge Funds Weigh In On American Public Education
A number of institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. bought a new stake in shares of American Public Education during the 3rd quarter worth $165,000. Los Angeles Capital Management LLC acquired a new position in American Public Education during the 3rd quarter worth $227,000. GSA Capital Partners LLP boosted its holdings in American Public Education by 184.0% during the third quarter. GSA Capital Partners LLP now owns 31,963 shares of the company’s stock valued at $471,000 after acquiring an additional 20,710 shares during the period. Victory Capital Management Inc. acquired a new stake in shares of American Public Education in the third quarter valued at about $299,000. Finally, Empowered Funds LLC increased its stake in shares of American Public Education by 5.2% in the third quarter. Empowered Funds LLC now owns 86,299 shares of the company’s stock worth $1,273,000 after purchasing an additional 4,288 shares during the period. 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.
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