American Public Education Inc. (APEI) Sees Large Volume Increase
Shares of American Public Education Inc. (NASDAQ:APEI) saw an uptick in trading volume on Tuesday . 129,106 shares traded hands during mid-day trading, an increase of 9% from the previous session’s volume of 118,893 shares.The stock last traded at $29.25 and had previously closed at $28.49.
Several research firms recently commented on APEI. Zacks Investment Research downgraded American Public Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 3rd. TheStreet upgraded American Public Education from a “hold” rating to a “buy” rating in a report on Wednesday, June 15th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $26.50.
The stock has a market cap of $467.39 million and a price-to-earnings ratio of 14.17. The stock has a 50-day moving average of $27.67 and a 200 day moving average of $21.64.
American Public Education (NASDAQ:APEI) last issued its earnings results on Monday, May 9th. The company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.14. During the same quarter in the prior year, the company posted $0.51 earnings per share. The firm earned $83.97 million during the quarter, compared to analysts’ expectations of $82.59 million. American Public Education’s quarterly revenue was down 1.7% compared to the same quarter last year. Equities analysts anticipate that American Public Education Inc. will post $2.01 EPS for the current fiscal year.
In other American Public Education news, EVP Carol S. Gilbert sold 1,000 shares of the company’s stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $25.59, for a total value of $25,590.00. Following the completion of the sale, the executive vice president now directly owns 51,685 shares in the company, valued at approximately $1,322,619.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Several large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of 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 boosted its stake in shares of American Public Education by 155.7% in the fourth quarter. Morgan Stanley now owns 87,500 shares of the company’s stock worth $1,628,000 after buying an additional 53,286 shares during the period. GSA Capital Partners LLP boosted its stake in shares of American Public Education by 102.6% in the fourth quarter. GSA Capital Partners LLP now owns 90,507 shares of the company’s stock worth $1,684,000 after buying an additional 45,842 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of 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 worth $1,433,000 after buying an additional 4,577 shares during the period.
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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