Nuveen LLC Makes New Investment in American Public Education, Inc. $APEI

Key Points

• Nuveen LLC acquired a stake in American Public Education, purchasing 28,732 shares valued at approximately $641,000, bringing its total ownership to 0.16% as of the latest quarter.
• American Public Education achieved a net profit of $162.77 million in its recent quarterly earnings, exceeding analyst estimates and reporting a return on equity of 10.82%.
• Institutional ownership of American Public Education stands at 79.62%, with several firms like Vanguard Group and Pacific Ridge Capital increasing their positions significantly in the 1st quarter.

Nuveen LLC purchased a new stake in American Public Education, Inc. (NASDAQ:APEI - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 28,732 shares of the company's stock, valued at approximately $641,000. Nuveen LLC owned 0.16% of American Public Education at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its position in American Public Education by 19,594.1% during the 1st quarter. GAMMA Investing LLC now owns 3,348 shares of the company's stock valued at $75,000 after purchasing an additional 3,331 shares during the period. Parallel Advisors LLC purchased a new position in shares of American Public Education during the first quarter valued at approximately $89,000. Public Employees Retirement System of Ohio bought a new position in shares of American Public Education during the fourth quarter valued at $124,000. Wells Fargo & Company MN raised its stake in shares of American Public Education by 29.2% in the fourth quarter. Wells Fargo & Company MN now owns 9,057 shares of the company's stock worth $195,000 after buying an additional 2,049 shares during the period. Finally, Victory Capital Management Inc. purchased a new position in American Public Education during the 1st quarter valued at approximately $213,000. 79.62% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on APEI shares. B. Riley increased their price objective on American Public Education from $36.00 to $37.00 and gave the company a "buy" rating in a report on Thursday, August 7th. Zacks Research upgraded American Public Education to a "hold" rating in a research report on Tuesday, August 12th. Griffin Securities set a $37.00 price target on American Public Education in a research note on Thursday, August 7th. Truist Financial raised their target price on shares of American Public Education from $24.00 to $30.00 and gave the stock a "hold" rating in a report on Wednesday, May 14th. Finally, Northland Capmk raised shares of American Public Education to a "strong-buy" rating in a research note on Wednesday, June 18th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, American Public Education presently has an average rating of "Moderate Buy" and a consensus price target of $35.17.

American Public Education Price Performance

APEI traded up $1.05 on Monday, reaching $32.65. The company had a trading volume of 176,006 shares, compared to its average volume of 200,837. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.83 and a current ratio of 2.83. American Public Education, Inc. has a 52-week low of $13.45 and a 52-week high of $32.93. The business has a 50 day simple moving average of $30.13 and a 200 day simple moving average of $26.81. The company has a market cap of $590.00 million, a price-to-earnings ratio of 30.76, a P/E/G ratio of 1.81 and a beta of 1.61.

American Public Education (NASDAQ:APEI - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.05. The business had revenue of $162.77 million during the quarter, compared to analyst estimates of $160.88 million. American Public Education had a return on equity of 10.82% and a net margin of 4.44%. As a group, sell-side analysts anticipate that American Public Education, Inc. will post 0.47 EPS for the current year.

American Public Education Company Profile

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.