State Street Corp Boosts Stake in American Public Education, Inc. (NASDAQ:APEI)

State Street Corp raised its holdings in shares of American Public Education, Inc. (NASDAQ:APEI) by 27.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 275,889 shares of the company’s stock after buying an additional 58,984 shares during the period. State Street Corp owned about 1.56% of American Public Education worth $4,069,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of APEI. Bank of New York Mellon Corp purchased a new stake in shares of American Public Education during the second quarter valued at $880,000. Panagora Asset Management Inc. bought a new stake in American Public Education during the 2nd quarter valued at about $476,000. Ritholtz Wealth Management boosted its position in American Public Education by 97.9% in the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock valued at $358,000 after buying an additional 10,081 shares during the period. Rhumbline Advisers grew its stake in American Public Education by 4,483.4% in the 2nd quarter. Rhumbline Advisers now owns 22,046 shares of the company’s stock worth $388,000 after acquiring an additional 21,565 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of American Public Education by 121.3% during the second quarter. Acadian Asset Management LLC now owns 194,365 shares of the company’s stock worth $3,414,000 after acquiring an additional 106,535 shares during the period. Hedge funds and other institutional investors own 79.62% of the company’s stock.

American Public Education Stock Performance

Shares of American Public Education stock opened at $21.67 on Tuesday. The company has a market capitalization of $383.82 million, a PE ratio of 38.70, a P/E/G ratio of 3.11 and a beta of 1.31. The company has a 50-day simple moving average of $19.08 and a two-hundred day simple moving average of $17.09. American Public Education, Inc. has a one year low of $9.65 and a one year high of $23.84. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65.

Wall Street Analysts Forecast Growth

APEI has been the topic of several research reports. B. Riley raised their price objective on American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. StockNews.com downgraded American Public Education from a “buy” rating to a “hold” rating in a report on Wednesday, December 25th. Barrington Research lifted their price objective on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Finally, Truist Financial raised their target price on shares of American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 14th.

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.