American Public Education (APEI) Receives “Hold” Rating from BMO Capital Markets
BMO Capital Markets reissued their hold rating on shares of American Public Education (NASDAQ:APEI) in a report published on Wednesday morning. BMO Capital Markets currently has a $24.00 target price on the stock.
Other equities analysts also recently issued reports about the company. TheStreet upgraded American Public Education from a c rating to a b- rating in a report on Thursday, November 30th. ValuEngine upgraded American Public Education from a hold rating to a buy rating in a report on Wednesday, September 27th. Piper Jaffray Companies restated a hold rating and set a $26.00 price target on shares of American Public Education in a report on Tuesday, October 17th. Zacks Investment Research upgraded American Public Education from a sell rating to a hold rating in a report on Wednesday, October 11th. Finally, BidaskClub downgraded American Public Education from a sell rating to a strong sell rating in a report on Thursday, December 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating to the company’s stock. American Public Education currently has a consensus rating of Hold and a consensus price target of $27.00.
Shares of American Public Education (APEI) traded up $0.55 during trading hours on Wednesday, hitting $25.80. The stock had a trading volume of 49,684 shares, compared to its average volume of 48,926. American Public Education has a 1 year low of $17.40 and a 1 year high of $27.40. The company has a market capitalization of $419.71, a P/E ratio of 21.50, a PEG ratio of 2.43 and a beta of 1.27.
In related news, Director Barbara Kurshan sold 1,524 shares of American Public Education stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $26.50, for a total value of $40,386.00. Following the completion of the sale, the director now directly owns 7,210 shares in the company, valued at approximately $191,065. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 2,824 shares of company stock valued at $73,286 over the last quarter. 3.59% of the stock is owned by corporate insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in American Public Education by 6.6% in the 2nd quarter. Vanguard Group Inc. now owns 1,472,157 shares of the company’s stock worth $34,817,000 after buying an additional 91,767 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in American Public Education by 0.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,167,178 shares of the company’s stock worth $24,569,000 after buying an additional 5,462 shares in the last quarter. Renaissance Technologies LLC increased its holdings in American Public Education by 3.1% in the 2nd quarter. Renaissance Technologies LLC now owns 841,600 shares of the company’s stock worth $19,904,000 after buying an additional 25,700 shares in the last quarter. FMR LLC increased its holdings in American Public Education by 27.4% in the 2nd quarter. FMR LLC now owns 803,108 shares of the company’s stock worth $18,994,000 after buying an additional 172,608 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in American Public Education by 2.6% in the 4th quarter. Acadian Asset Management LLC now owns 423,809 shares of the company’s stock worth $10,616,000 after buying an additional 10,563 shares in the last quarter. Institutional investors own 90.91% of the company’s stock.
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American Public Education Company Profile
American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.
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