Nuveen LLC Makes New $641,000 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 acquired a new stake in American Public Education, Inc. (NASDAQ:APEI - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 28,732 shares of the company's stock, valued at approximately $641,000. Nuveen LLC owned 0.16% of American Public Education as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC grew its position in shares of American Public Education by 19,594.1% in 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 acquired a new position in shares of American Public Education in the 1st quarter valued at approximately $89,000. Public Employees Retirement System of Ohio acquired a new position in shares of American Public Education in the 4th quarter valued at approximately $124,000. Wells Fargo & Company MN boosted its position in American Public Education by 29.2% during the 4th quarter. Wells Fargo & Company MN now owns 9,057 shares of the company's stock worth $195,000 after acquiring an additional 2,049 shares during the last quarter. Finally, Victory Capital Management Inc. acquired a new position in American Public Education during the 1st quarter worth approximately $213,000. 79.62% of the stock is currently owned by institutional investors and hedge funds.

American Public Education Stock Performance

APEI traded up $0.59 during trading hours on Tuesday, reaching $32.84. The company's stock had a trading volume of 90,023 shares, compared to its average volume of 200,878. American Public Education, Inc. has a 52 week low of $13.45 and a 52 week high of $32.93. The company's 50-day moving average is $30.17 and its 200-day moving average is $26.89. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.83 and a current ratio of 2.83. The firm has a market cap of $593.33 million, a PE ratio of 30.92, a price-to-earnings-growth ratio of 1.81 and a beta of 1.61.

American Public Education (NASDAQ:APEI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.05. American Public Education had a return on equity of 10.82% and a net margin of 4.44%.The business had revenue of $162.77 million for the quarter, compared to analysts' expectations of $160.88 million. On average, equities analysts forecast that American Public Education, Inc. will post 0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on APEI. Zacks Research raised American Public Education to a "hold" rating in a research report on Tuesday, August 12th. Northland Securities began coverage on American Public Education in a research report on Wednesday, June 18th. They set an "outperform" rating and a $36.00 price target for the company. Griffin Securities set a $37.00 price target on American Public Education in a research report on Thursday, August 7th. Lake Street Capital upped their price target on American Public Education from $30.00 to $35.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Finally, Barrington Research increased their price objective on American Public Education from $32.00 to $36.00 and gave the company an "outperform" rating in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $35.86.

American Public Education 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.