Channel Wealth LLC Makes New $536,000 Investment in American Public Education, Inc. $APEI

Key Points

• Channel Wealth LLC has acquired a new stake in American Public Education, Inc., purchasing 17,595 shares valued at approximately $536,000.
• American Public Education reported better-than-expected earnings for the last quarter, with a net margin of 4.44% and a revenue of $162.77 million, surpassing analyst estimates.
• Analysts have issued various ratings for APEI, with a consensus rating of "Moderate Buy" and an average target price of $35.86.

Channel Wealth LLC acquired a new stake in American Public Education, Inc. (NASDAQ:APEI - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 17,595 shares of the company's stock, valued at approximately $536,000. Channel Wealth LLC owned 0.10% of American Public Education at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC lifted its stake in shares of American Public Education by 39.5% in the 1st quarter. Pacific Ridge Capital Partners LLC now owns 147,930 shares of the company's stock valued at $3,302,000 after purchasing an additional 41,922 shares during the period. Vanguard Group Inc. lifted its stake in shares of American Public Education by 6.6% in the 1st quarter. Vanguard Group Inc. now owns 908,974 shares of the company's stock valued at $20,288,000 after purchasing an additional 56,674 shares during the period. Victory Capital Management Inc. acquired a new position in shares of American Public Education in the 1st quarter valued at about $213,000. Mackenzie Financial Corp lifted its stake in shares of American Public Education by 123.2% in the 1st quarter. Mackenzie Financial Corp now owns 59,968 shares of the company's stock valued at $1,338,000 after purchasing an additional 33,099 shares during the period. Finally, 4D Advisors LLC acquired a new position in shares of American Public Education in the 1st quarter valued at about $3,013,000. 79.62% of the stock is owned by institutional investors and hedge funds.

American Public Education Stock Down 1.1%

APEI traded down $0.41 during midday trading on Friday, reaching $35.92. 234,686 shares of the company were exchanged, compared to its average volume of 203,800. 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 company's fifty day moving average price is $30.98 and its 200 day moving average price is $27.60. The company has a market cap of $648.97 million, a price-to-earnings ratio of 33.89, a price-to-earnings-growth ratio of 2.06 and a beta of 1.61. American Public Education, Inc. has a one year low of $13.45 and a one year high of $36.86.

American Public Education (NASDAQ:APEI - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.05. The company 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, analysts expect that American Public Education, Inc. will post 0.47 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Northland Capmk raised American Public Education to a "strong-buy" rating in a research note on Wednesday, June 18th. Zacks Research raised American Public Education to a "hold" rating in a research note on Tuesday, August 12th. DA Davidson started coverage on American Public Education in a research note on Tuesday, September 9th. They set a "buy" rating and a $40.00 price target on the stock. B. Riley upped their price target on American Public Education from $36.00 to $37.00 and gave the stock a "buy" rating in a research note on Thursday, August 7th. Finally, Griffin Securities set a $37.00 price target on American Public Education in a research note on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $35.86.

About American Public Education

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.