American Public Education (APEI) Raised to B- at TheStreet

TheStreet upgraded shares of American Public Education (NASDAQ:APEI) from a c rating to a b- rating in a research note published on Thursday, November 30th.

APEI has been the subject of a number of other reports. ValuEngine downgraded shares of American Public Education from a buy rating to a hold rating in a research report on Friday, December 1st. Zacks Investment Research upgraded shares of American Public Education from a hold rating to a strong-buy rating and set a $28.00 price objective for the company in a research report on Monday, November 13th. BMO Capital Markets upped their price objective on shares of American Public Education from $19.00 to $20.00 and gave the stock a market perform rating in a research report on Wednesday, November 8th. BidaskClub cut shares of American Public Education from a hold rating to a sell rating in a research note on Wednesday, August 2nd. Finally, Piper Jaffray Companies reissued a hold rating and set a $26.00 target price on shares of American Public Education in a research note on Tuesday, October 17th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Hold and an average price target of $25.67.

American Public Education (NASDAQ APEI) opened at $25.85 on Thursday. The stock has a market cap of $420.53, a P/E ratio of 21.54, a P/E/G ratio of 2.39 and a beta of 1.26. American Public Education has a 1-year low of $17.40 and a 1-year high of $27.40.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.06. American Public Education had a net margin of 6.54% and a return on equity of 7.20%. The business had revenue of $73.28 million during the quarter, compared to the consensus estimate of $71.06 million. During the same period in the previous year, the firm posted $0.02 earnings per share. The business’s revenue for the quarter was down .7% compared to the same quarter last year. analysts anticipate that American Public Education will post 1.08 EPS for the current fiscal year.

In related news, Director Barbara Kurshan sold 1,524 shares of the company’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $26.50, for a total transaction of $40,386.00. Following the completion of the sale, the director now owns 7,210 shares of the company’s stock, valued at approximately $191,065. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 2,624 shares of company stock valued at $62,794. 3.59% of the stock is owned by corporate insiders.

Hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio lifted its holdings in American Public Education by 16.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 6,524 shares of the company’s stock worth $149,000 after buying an additional 910 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in shares of American Public Education by 38.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,601 shares of the company’s stock valued at $156,000 after purchasing an additional 1,850 shares during the last quarter. Arizona State Retirement System purchased a new stake in shares of American Public Education in the 2nd quarter valued at approximately $201,000. Brandywine Global Investment Management LLC purchased a new stake in shares of American Public Education in the 2nd quarter valued at approximately $209,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of American Public Education in the 3rd quarter valued at approximately $214,000. Hedge funds and other institutional investors own 90.91% of the company’s stock.

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American Public Education Company Profile

American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.

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