Assenagon Asset Management S.A. Has $801,000 Position in American Public Education, Inc. $APEI

Key Points

• Assenagon Asset Management S.A. has reduced its stake in American Public Education, Inc. by 30.8% during the second quarter, bringing its total position to 26,289 shares valued at $801,000.
• The company reported earnings of ($0.02) EPS for the last quarter, exceeding the consensus estimate, alongside revenue of $162.77 million.
• Wall Street analysts maintain a consensus rating of "Moderate Buy" for American Public Education, with price targets varying from $37.00 to $46.00.

Assenagon Asset Management S.A. trimmed its holdings in American Public Education, Inc. (NASDAQ:APEI - Free Report) by 30.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,289 shares of the company's stock after selling 11,696 shares during the period. Assenagon Asset Management S.A. owned 0.15% of American Public Education worth $801,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Channel Wealth LLC bought a new stake in shares of American Public Education in the 2nd quarter worth $536,000. Parallel Advisors LLC grew its stake in shares of American Public Education by 70.0% in the 2nd quarter. Parallel Advisors LLC now owns 6,800 shares of the company's stock worth $207,000 after buying an additional 2,800 shares during the last quarter. Militia Capital Partners LP raised its position in American Public Education by 43.5% in the 1st quarter. Militia Capital Partners LP now owns 6,932 shares of the company's stock worth $155,000 after buying an additional 2,100 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of American Public Education by 23.1% during the 1st quarter. Acadian Asset Management LLC now owns 297,236 shares of the company's stock worth $6,629,000 after acquiring an additional 55,708 shares during the last quarter. Finally, Empowered Funds LLC grew its position in shares of American Public Education by 7.4% during the first quarter. Empowered Funds LLC now owns 97,294 shares of the company's stock worth $2,172,000 after purchasing an additional 6,671 shares in the last quarter. Institutional investors and hedge funds own 79.62% of the company's stock.

American Public Education Trading Up 1.3%

NASDAQ:APEI opened at $38.54 on Friday. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $696.42 million, a price-to-earnings ratio of 36.36, a price-to-earnings-growth ratio of 2.21 and a beta of 1.61. The stock has a fifty day simple moving average of $31.73 and a 200 day simple moving average of $28.29. American Public Education, Inc. has a 1-year low of $13.45 and a 1-year high of $38.79.

American Public Education (NASDAQ:APEI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported ($0.02) earnings per share (EPS) 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 net margin of 4.44% and a return on equity of 10.82%. Sell-side analysts forecast that American Public Education, Inc. will post 0.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. B. Riley boosted 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. DA Davidson initiated coverage on shares of American Public Education in a report on Tuesday, September 9th. They issued a "buy" rating and a $40.00 price objective for the company. Zacks Research raised American Public Education to a "hold" rating in a report on Tuesday, August 12th. Barrington Research raised their price target on shares of American Public Education from $36.00 to $40.00 and gave the company an "outperform" rating in a research report on Tuesday, September 23rd. Finally, Northland Securities increased their price objective on American Public Education from $38.00 to $46.00 and gave the company an "outperform" rating in a report on Thursday. One equities 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $37.86.

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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