American Public Education Inc. (APEI) Hits New 52-Week High at $29.08
American Public Education Inc. (NASDAQ:APEI)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $29.08 and last traded at $28.75, with a volume of 39,780 shares trading hands. The stock had previously closed at $28.63.
APEI has been the subject of several analyst reports. TheStreet upgraded shares of American Public Education from a “hold” rating to a “buy” rating in a research note on Wednesday, June 15th. Zacks Investment Research lowered shares of American Public Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $26.50.
The stock has a 50 day moving average price of $27.61 and a 200-day moving average price of $21.58. The firm has a market capitalization of $465.62 million and a price-to-earnings ratio of 14.11.
American Public Education (NASDAQ:APEI) last announced its earnings results on Monday, May 9th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.14. The business had revenue of $83.97 million for the quarter, compared to analysts’ expectations of $82.59 million. The business’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the business posted $0.51 earnings per share. On average, equities research analysts forecast 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 firm’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 transaction, the executive vice president now directly owns 51,685 shares in the company, valued at $1,322,619.15. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Other institutional investors have made changes to their positions in the company. Barrow Hanley Mewhinney & Strauss LLC raised its position 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. Dimensional Fund Advisors LP raised its position 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 worth $12,293,000 after buying an additional 39,865 shares during the period. GSA Capital Partners LLP raised its position 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, Morgan Stanley raised its position 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.
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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