American Public Education (NASDAQ:APEI) had its price target raised by stock analysts at BMO Capital Markets from $24.00 to $27.00 in a report released on Thursday. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ target price would suggest a potential downside of 12.20% from the company’s previous close.
A number of other equities analysts have also weighed in on the stock. BidaskClub lowered shares of American Public Education from a “sell” rating to a “strong sell” rating in a report on Thursday, December 14th. Zacks Investment Research lowered shares of American Public Education from a “buy” rating to a “hold” rating in a report on Monday, January 29th. ValuEngine lowered shares of American Public Education from a “buy” rating to a “hold” rating in a report on Friday, December 1st. TheStreet upgraded shares of American Public Education from a “c” rating to a “b-” rating in a report on Thursday, November 30th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $29.00 price objective on shares of American Public Education in a report on Monday, December 4th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company presently has an average rating of “Hold” and an average price target of $28.00.
Shares of American Public Education (NASDAQ:APEI) traded up $5.45 during midday trading on Thursday, reaching $30.75. 346,900 shares of the company were exchanged, compared to its average volume of 82,775. American Public Education has a 52 week low of $17.40 and a 52 week high of $32.35. The stock has a market cap of $414.70, a price-to-earnings ratio of 25.63, a P/E/G ratio of 2.32 and a beta of 1.21.
In other American Public Education news, Director Barbara Kurshan sold 1,524 shares of American Public Education stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $26.50, for a total value of $40,386.00. Following the completion of the sale, the director now owns 7,210 shares of the company’s stock, valued at approximately $191,065. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 3,724 shares of company stock valued at $96,331. 3.59% of the stock is currently owned by insiders.
Large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio grew its position in American Public Education by 9.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 7,140 shares of the company’s stock worth $169,000 after purchasing an additional 616 shares during the period. MetLife Investment Advisors LLC bought a new stake in American Public Education in the 4th quarter worth approximately $223,000. Voya Investment Management LLC bought a new stake in American Public Education in the 2nd quarter worth approximately $221,000. BNP Paribas Arbitrage SA grew its position in American Public Education by 41.7% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 9,356 shares of the company’s stock worth $197,000 after purchasing an additional 2,755 shares during the period. Finally, Susquehanna International Group LLP bought a new stake in American Public Education in the 3rd quarter worth approximately $214,000. 92.39% of the stock is owned by institutional investors and hedge funds.
About American Public Education
American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.
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