American Public Education (NASDAQ:APEI) Downgraded to Hold Rating by StockNews.com

StockNews.com cut shares of American Public Education (NASDAQ:APEI) from a buy rating to a hold rating in a research note issued to investors on Wednesday.

APEI has been the topic of several other reports. Truist Financial lifted their price target on shares of American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, November 14th. Barrington Research boosted their price target on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Finally, B. Riley raised their price objective on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th.

American Public Education Price Performance

Shares of American Public Education stock opened at $22.41 on Wednesday. The firm has a market capitalization of $396.93 million, a PE ratio of 40.02, a price-to-earnings-growth ratio of 3.11 and a beta of 1.31. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37. American Public Education has a 12 month low of $8.84 and a 12 month high of $23.84. The business’s 50-day moving average price is $18.78 and its 200-day moving average price is $17.02.

Hedge Funds Weigh In On American Public Education

A number of hedge funds have recently modified their holdings of APEI. Innealta Capital LLC purchased a new position in shares of American Public Education during the second quarter valued at approximately $34,000. Quarry LP boosted its holdings in American Public Education by 94.0% in the second quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after acquiring an additional 2,261 shares in the last quarter. MetLife Investment Management LLC increased its position in American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock valued at $136,000 after purchasing an additional 5,187 shares during the period. Principal Financial Group Inc. bought a new position in American Public Education in the 3rd quarter worth $165,000. Finally, FMR LLC lifted its position in shares of American Public Education by 350.3% in the 3rd quarter. FMR LLC now owns 11,658 shares of the company’s stock worth $172,000 after purchasing an additional 9,069 shares during the period. Hedge funds and other institutional investors own 79.62% of the company’s stock.

About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.