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 research report issued to clients and investors on Thursday.

Other equities analysts have also recently issued reports about the stock. Barrington Research lifted their price objective on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday. Truist Financial boosted their price objective on American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday. Finally, B. Riley upped their price objective on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th.

American Public Education Stock Performance

Shares of NASDAQ:APEI traded down $1.40 during trading on Thursday, hitting $18.45. 271,744 shares of the company traded hands, compared to its average volume of 198,192. American Public Education has a one year low of $5.41 and a one year high of $21.04. The stock has a market capitalization of $326.57 million, a price-to-earnings ratio of 32.95, a PEG ratio of 2.36 and a beta of 1.24. The business’s fifty day moving average is $15.08 and its 200-day moving average is $16.24. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 0.37.

Insider Transactions at American Public Education

In other news, Director Michael David Braner bought 26,539 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was bought at an average price of $14.71 per share, with a total value of $390,388.69. Following the completion of the acquisition, the director now owns 1,824,820 shares of the company’s stock, valued at $26,843,102.20. This represents a 1.48 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have acquired a total of 117,983 shares of company stock valued at $1,747,393 over the last 90 days. 11.38% of the stock is owned by company insiders.

Hedge Funds Weigh In On American Public Education

Several hedge funds have recently bought and sold shares of APEI. Acadian Asset Management LLC lifted its position in shares of American Public Education by 5,036.3% in the 1st quarter. Acadian Asset Management LLC now owns 87,830 shares of the company’s stock worth $1,246,000 after purchasing an additional 86,120 shares during the period. Empowered Funds LLC bought a new position in shares of American Public Education in the first quarter valued at approximately $799,000. Jacobs Levy Equity Management Inc. bought a new position in shares of American Public Education in the first quarter valued at approximately $2,159,000. Ritholtz Wealth Management lifted its position in American Public Education by 97.9% during the second quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock valued at $358,000 after purchasing an additional 10,081 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of American Public Education during the second quarter worth approximately $880,000. 79.62% of the stock is owned by institutional investors.

American Public Education Company Profile

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.