American Public Education, Inc. (NASDAQ:APEI) Position Reduced by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its position in American Public Education, Inc. (NASDAQ:APEI) by 14.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,891 shares of the company’s stock after selling 10,860 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.40% of American Public Education worth $1,626,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Nationwide Fund Advisors increased its position in American Public Education by 33.4% in the third quarter. Nationwide Fund Advisors now owns 19,987 shares of the company’s stock worth $421,000 after purchasing an additional 5,000 shares during the period. Russell Investments Group Ltd. grew its position in shares of American Public Education by 58.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 50,927 shares of the company’s stock valued at $1,072,000 after purchasing an additional 18,800 shares during the period. Ameriprise Financial Inc. grew its position in shares of American Public Education by 6.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 121,082 shares of the company’s stock valued at $2,549,000 after purchasing an additional 7,800 shares during the period. Wells Fargo & Company MN grew its position in shares of American Public Education by 53.3% in the 3rd quarter. Wells Fargo & Company MN now owns 18,373 shares of the company’s stock valued at $387,000 after purchasing an additional 6,388 shares during the period. Finally, Schwab Charles Investment Management Inc. grew its position in shares of American Public Education by 36.2% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 111,006 shares of the company’s stock valued at $2,337,000 after purchasing an additional 29,516 shares during the period. 90.90% of the stock is owned by hedge funds and other institutional investors.

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Several equities analysts recently issued reports on the company. TheStreet lowered American Public Education from a “b-” rating to a “c” rating in a research report on Thursday, January 25th. BMO Capital Markets reiterated a “hold” rating and set a $24.00 price objective on shares of American Public Education in a research note on Wednesday, January 17th. BidaskClub lowered American Public Education from a “hold” rating to a “sell” rating in a report on Friday, April 13th. Zacks Investment Research lowered American Public Education from a “buy” rating to a “hold” rating in a report on Monday, January 29th. Finally, ValuEngine raised American Public Education from a “buy” rating to a “strong-buy” rating in a report on Monday, April 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $34.67.

In other American Public Education news, Director Jean C. Halle sold 2,500 shares of the business’s stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $44.20, for a total value of $110,500.00. Following the sale, the director now directly owns 19,419 shares in the company, valued at $858,319.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Wallace E. Jr. Boston sold 10,000 shares of the business’s stock in a transaction on Thursday, March 29th. The shares were sold at an average price of $40.80, for a total value of $408,000.00. Following the completion of the sale, the insider now owns 395,001 shares in the company, valued at $16,116,040.80. The disclosure for this sale can be found here. Insiders sold 19,050 shares of company stock worth $764,228 in the last 90 days. Corporate insiders own 3.59% of the company’s stock.

Shares of APEI stock opened at $40.80 on Thursday. The firm has a market cap of $673.19, a P/E ratio of 31.82, a price-to-earnings-growth ratio of 1.79 and a beta of 0.67. American Public Education, Inc. has a twelve month low of $17.40 and a twelve month high of $45.75.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.18. American Public Education had a return on equity of 7.59% and a net margin of 7.06%. The company had revenue of $78.09 million during the quarter, compared to the consensus estimate of $76.25 million. analysts predict that American Public Education, Inc. will post 1.53 earnings per share for the current year.

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About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

Institutional Ownership by Quarter for American Public Education (NASDAQ:APEI)

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