American Public Education Inc. (APEI) Trading Up 5.2%
American Public Education Inc. (NASDAQ:APEI)’s share price was up 5.2% on Tuesday . The stock traded as high as $30.38 and last traded at $30.22, with a volume of 56,980 shares changing hands. The stock had previously closed at $28.72.
Several equities analysts have weighed in on APEI shares. Zacks Investment Research raised shares of American Public Education from a “hold” rating to a “strong-buy” rating and set a $31.00 price target on the stock in a report on Wednesday, May 11th. TheStreet upgraded shares of American Public Education from a “hold” rating to a “buy” rating in a research report on Wednesday, June 15th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. American Public Education has an average rating of “Hold” and an average price target of $26.50.
The stock’s 50 day moving average is $28.03 and its 200-day moving average is $22.35. The company has a market cap of $486.34 million and a PE ratio of 14.74.
American Public Education (NASDAQ:APEI) last issued its quarterly 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. The business earned $83.97 million during the quarter, compared to analyst estimates of $82.59 million. American Public Education’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.51 EPS. On average, equities analysts expect that American Public Education Inc. will post $2.01 EPS for the current year.
In related news, EVP Carol S. Gilbert sold 1,000 shares of the stock in a transaction that occurred on Wednesday, May 11th. The shares were sold at an average price of $25.59, for a total value of $25,590.00. Following the transaction, the executive vice president now owns 51,685 shares in the company, valued at approximately $1,322,619.15. The sale was disclosed in a filing with the SEC, which is available through this link.
Other institutional investors have modified their holdings of the company. Morgan Stanley increased 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 valued at $1,628,000 after buying an additional 53,286 shares during the period. GSA Capital Partners LLP increased 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 valued at $1,684,000 after buying an additional 45,842 shares during the period. Finally, Dimensional Fund Advisors LP increased 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 valued at $12,293,000 after buying an additional 39,865 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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