Connor Clark & Lunn Investment Management Ltd. Acquires 6,253 Shares of American Public Education, Inc. (NASDAQ:APEI)

Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of American Public Education, Inc. (NASDAQ:APEI) by 7.7% in the fourth quarter, Holdings Channel reports. The firm owned 87,159 shares of the company’s stock after purchasing an additional 6,253 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in American Public Education were worth $1,880,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in APEI. New York State Teachers Retirement System acquired a new position in shares of American Public Education in the 4th quarter worth approximately $31,000. R Squared Ltd acquired a new position in American Public Education during the fourth quarter worth $38,000. SG Americas Securities LLC acquired a new position in American Public Education during the fourth quarter worth $121,000. MetLife Investment Management LLC lifted its holdings in shares of American Public Education by 129.1% during the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock valued at $136,000 after acquiring an additional 5,187 shares during the period. Finally, Principal Financial Group Inc. bought a new stake in shares of American Public Education in the 3rd quarter worth about $165,000. 79.62% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on APEI shares. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. Truist Financial lifted their target price on shares of American Public Education from $20.00 to $24.00 and gave the company a “hold” rating in a research note on Monday, March 10th. William Blair upgraded American Public Education from a “market perform” rating to an “outperform” rating in a research report on Friday, March 7th. Finally, Barrington Research reiterated an “outperform” rating and issued a $24.00 price objective on shares of American Public Education in a research report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $24.33.

Insider Activity at American Public Education

In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $22.07, for a total value of $81,659.00. Following the transaction, the senior vice president now directly owns 60,253 shares in the company, valued at approximately $1,329,783.71. This trade represents a 5.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.38% of the stock is currently owned by company insiders.

American Public Education Trading Down 1.4 %

Shares of NASDAQ APEI opened at $22.07 on Wednesday. American Public Education, Inc. has a 1-year low of $11.80 and a 1-year high of $25.60. The company has a 50-day moving average of $21.50 and a two-hundred day moving average of $18.96. The company has a market cap of $397.17 million, a PE ratio of 39.41, a P/E/G ratio of 1.05 and a beta of 1.30. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37.

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.