American Public Education Inc. (APEI) Hits New 52-Week High at $29.08
Shares of American Public Education Inc. (NASDAQ:APEI) reached a new 52-week high during trading on Monday . The stock traded as high as $29.08 and last traded at $28.75, with a volume of 39,780 shares changing hands. The stock had previously closed at $28.63.
APEI has been the topic of a number of research analyst reports. TheStreet raised American Public Education from a “hold” rating to a “buy” rating in a research report on Wednesday, June 15th. Zacks Investment Research lowered American Public Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. American Public Education presently has an average rating of “Buy” and a consensus target price of $26.50.
The firm has a market cap of $456.15 million and a price-to-earnings ratio of 13.82. The company’s 50 day moving average is $27.50 and its 200-day moving average is $21.44.
American Public Education (NASDAQ:APEI) last released its quarterly earnings results on Monday, May 9th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.14. The company had revenue of $83.97 million for the quarter, compared to the consensus estimate of $82.59 million. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 earnings per share. Equities research analysts predict that American Public Education Inc. will post $2.01 EPS for the current fiscal year.
In other news, EVP Carol S. Gilbert sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 11th. The shares were sold at an average price of $25.59, for a total transaction of $25,590.00. Following the sale, the executive vice president now owns 51,685 shares in the company, valued at $1,322,619.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
A number of hedge funds and institutional investors recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its stake in American Public Education by 6.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 660,497 shares of the company’s stock valued at $12,293,000 after buying an additional 39,865 shares in the last quarter. Morgan Stanley increased its stake in American Public Education by 155.7% in the fourth quarter. Morgan Stanley now owns 87,500 shares of the company’s stock valued at $1,628,000 after buying an additional 53,286 shares in the last quarter. GSA Capital Partners LLP increased its stake in American Public Education by 102.6% in the fourth quarter. GSA Capital Partners LLP now owns 90,507 shares of the company’s stock valued at $1,684,000 after buying an additional 45,842 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its stake in American Public Education by 6.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 77,026 shares of the company’s stock valued at $1,433,000 after buying an additional 4,577 shares in the last quarter.
American Public Education, Inc is a provider of online and on-campus postsecondary education. The Company’s segments include American Public Education Segment (APEI Segment), which consists of the operational activities of APUS, other corporate activities and minority investments, and Hondros College of Nursing Segment (HCON Segment), which consists of the operational activities of HCON.
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