American Public Education, Inc. $APEI Shares Acquired by Acadian Asset Management LLC

Key Points

• Acadian Asset Management LLC increased its stake in American Public Education, Inc. by 23.1%, owning 297,236 shares valued at approximately $6.63 million.
• Equities analysts have raised target prices for American Public Education, with Barrington Research setting it at $36.00 and B. Riley raising it to $37.00, indicating a positive outlook for the stock.
• American Public Education reported a quarterly earnings per share of ($0.02), surpassing estimates, along with a revenue of $162.77 million for the quarter.

Acadian Asset Management LLC raised its holdings in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 23.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 297,236 shares of the company's stock after purchasing an additional 55,708 shares during the period. Acadian Asset Management LLC owned 1.65% of American Public Education worth $6,629,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC increased its position in shares of American Public Education by 19,594.1% during the first quarter. GAMMA Investing LLC now owns 3,348 shares of the company's stock worth $75,000 after purchasing an additional 3,331 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of American Public Education during the first quarter worth $89,000. Public Employees Retirement System of Ohio acquired a new position in shares of American Public Education during the fourth quarter worth $124,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of American Public Education by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,386 shares of the company's stock worth $209,000 after purchasing an additional 390 shares in the last quarter. Finally, Victory Capital Management Inc. acquired a new position in shares of American Public Education during the first quarter worth $213,000. 79.62% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Barrington Research upped their target price on American Public Education from $32.00 to $36.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. B. Riley upped their target price on American Public Education from $36.00 to $37.00 and gave the company a "buy" rating in a research report on Thursday, August 7th. Zacks Research raised American Public Education to a "hold" rating in a research report on Tuesday, August 12th. Griffin Securities set a $37.00 target price on American Public Education in a research report on Thursday, August 7th. Finally, Northland Capmk raised American Public Education to a "strong-buy" rating in a research report on Wednesday, June 18th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, American Public Education presently has a consensus rating of "Moderate Buy" and an average target price of $35.86.

American Public Education Price Performance

Shares of APEI opened at $35.71 on Friday. The business's 50-day moving average is $30.55 and its two-hundred day moving average is $27.18. The company has a market capitalization of $645.28 million, a P/E ratio of 33.69, a P/E/G ratio of 2.02 and a beta of 1.61. 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 fifty-two week low of $13.45 and a fifty-two week high of $35.97.

American Public Education (NASDAQ:APEI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.05. The company had revenue of $162.77 million for the quarter, compared to the consensus estimate of $160.88 million. American Public Education had a return on equity of 10.82% and a net margin of 4.44%. Research analysts predict that American Public Education, Inc. will post 0.47 earnings per share 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.

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