American Public Education (NASDAQ:APEI) Downgraded to “Hold” Rating by StockNews.com

American Public Education (NASDAQ:APEI) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

APEI has been the topic of several other research reports. Truist Financial increased their target price on American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday. B. Riley increased their price objective on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Barrington Research upped their price target on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday.

American Public Education Trading Down 0.7 %

NASDAQ APEI opened at $18.32 on Thursday. American Public Education has a 52 week low of $5.41 and a 52 week high of $21.04. The firm has a 50 day moving average of $15.15 and a two-hundred day moving average of $16.27. The company has a quick ratio of 2.83, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $324.30 million, a PE ratio of 32.71, a price-to-earnings-growth ratio of 2.83 and a beta of 1.24.

Insider Activity

In other American Public Education news, Director Michael David Braner purchased 17,872 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The stock was purchased at an average price of $16.77 per share, for a total transaction of $299,713.44. Following the purchase, the director now directly owns 1,922,610 shares in the company, valued at approximately $32,242,169.70. This trade represents a 0.94 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders bought 117,983 shares of company stock valued at $1,747,393. Insiders own 11.38% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of APEI. Barclays PLC grew its position in American Public Education by 17.4% in the 3rd quarter. Barclays PLC now owns 28,078 shares of the company’s stock valued at $414,000 after buying an additional 4,167 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in shares of American Public Education by 3.0% in the third quarter. Orion Portfolio Solutions LLC now owns 51,314 shares of the company’s stock valued at $757,000 after acquiring an additional 1,517 shares in the last quarter. State Street Corp increased its stake in shares of American Public Education by 27.2% during the third quarter. State Street Corp now owns 275,889 shares of the company’s stock worth $4,069,000 after acquiring an additional 58,984 shares during the period. Martingale Asset Management L P purchased a new position in American Public Education during the third quarter worth about $189,000. Finally, MetLife Investment Management LLC lifted its position in American Public Education by 129.1% in the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock valued at $136,000 after purchasing an additional 5,187 shares during the period. 79.62% of the stock is currently owned by hedge funds and other institutional investors.

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.