Systematic Financial Management LP reduced its position in American Public Education, Inc. (NASDAQ:APEI – Free Report) by 6.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 244,637 shares of the company’s stock after selling 16,879 shares during the period. Systematic Financial Management LP’s holdings in American Public Education were worth $13,915,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in APEI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in American Public Education by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,386 shares of the company’s stock valued at $209,000 after buying an additional 390 shares in the last quarter. Militia Capital Partners LP increased its stake in American Public Education by 7.2% in the 2nd quarter. Militia Capital Partners LP now owns 7,432 shares of the company’s stock worth $226,000 after acquiring an additional 500 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of American Public Education by 40.5% during the 2nd quarter. Legal & General Group Plc now owns 1,914 shares of the company’s stock worth $58,000 after acquiring an additional 552 shares in the last quarter. Creative Planning raised its holdings in shares of American Public Education by 5.5% during the 3rd quarter. Creative Planning now owns 11,795 shares of the company’s stock worth $466,000 after acquiring an additional 618 shares in the last quarter. Finally, Diversified Trust Co boosted its position in shares of American Public Education by 8.6% during the 1st quarter. Diversified Trust Co now owns 7,818 shares of the company’s stock valued at $445,000 after acquiring an additional 621 shares during the last quarter. 79.62% of the stock is owned by institutional investors.
American Public Education Trading Down 1.0%
Shares of APEI stock opened at $47.71 on Friday. American Public Education, Inc. has a 1 year low of $27.74 and a 1 year high of $61.59. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.98 and a quick ratio of 2.98. The stock’s 50 day simple moving average is $53.01 and its two-hundred day simple moving average is $50.81. The company has a market cap of $875.14 million, a PE ratio of 25.24, a price-to-earnings-growth ratio of 1.24 and a beta of 1.37.
Insiders Place Their Bets
In related news, SVP Thomas Beckett sold 2,000 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the sale, the senior vice president owned 52,172 shares in the company, valued at approximately $2,817,288. This represents a 3.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 10.60% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently weighed in on APEI. DA Davidson reissued a “buy” rating and issued a $64.00 target price on shares of American Public Education in a report on Monday, June 1st. Wall Street Zen raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Sunday, July 12th. B. Riley Financial upped their price target on shares of American Public Education from $67.00 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Lake Street Capital reiterated a “buy” rating and set a $62.00 price objective on shares of American Public Education in a research report on Tuesday, May 12th. Finally, Barrington Research lifted their price objective on shares of American Public Education from $56.00 to $62.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $59.12.
View Our Latest Research Report on American Public Education
American Public Education Profile
American Public Education, Inc operates as a provider of online postsecondary education, offering degree and certificate programs through its wholly owned subsidiary, American Public University System (APUS). The company designs and delivers a broad range of undergraduate and graduate programs in fields such as business administration, information technology, criminal justice, homeland security, health sciences, and education. Its curriculum is developed to meet the needs of working adults, military personnel, veterans and civilian students seeking flexible, career-relevant learning opportunities.
APUS is regionally accredited by the Middle States Commission on Higher Education and employs a proprietary online learning platform that supports asynchronous instruction, digital course materials and interactive learning tools.
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