Assenagon Asset Management S.A. Increases Position in American Public Education, Inc. (NASDAQ:APEI)

Assenagon Asset Management S.A. boosted its position in shares of American Public Education, Inc. (NASDAQ:APEI) by 3.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 121,688 shares of the company’s stock after purchasing an additional 3,775 shares during the quarter. Assenagon Asset Management S.A. owned about 0.69% of American Public Education worth $2,625,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in APEI. Geode Capital Management LLC grew its holdings in shares of American Public Education by 0.6% in the third quarter. Geode Capital Management LLC now owns 404,168 shares of the company’s stock worth $5,963,000 after acquiring an additional 2,573 shares during the period. State Street Corp grew its stake in shares of American Public Education by 27.2% during the 3rd quarter. State Street Corp now owns 275,889 shares of the company’s stock valued at $4,069,000 after purchasing an additional 58,984 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in shares of American Public Education during the 3rd quarter valued at about $1,691,000. FMR LLC increased its position in shares of American Public Education by 350.3% during the 3rd quarter. FMR LLC now owns 11,658 shares of the company’s stock valued at $172,000 after purchasing an additional 9,069 shares during the last quarter. Finally, Barclays PLC lifted its stake in shares of American Public Education by 17.4% in the 3rd quarter. Barclays PLC now owns 28,078 shares of the company’s stock worth $414,000 after purchasing an additional 4,167 shares during the period. 79.62% of the stock is currently owned by hedge funds and other institutional investors.

American Public Education Stock Down 3.2 %

Shares of APEI stock opened at $21.74 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65. American Public Education, Inc. has a one year low of $10.15 and a one year high of $23.84. The company’s fifty day moving average price is $20.95 and its 200-day moving average price is $17.64. The company has a market capitalization of $385.06 million, a price-to-earnings ratio of 38.82, a PEG ratio of 1.06 and a beta of 1.29.

Analysts Set New Price Targets

A number of analysts have commented on APEI shares. Barrington Research upped their target price on shares of American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. StockNews.com upgraded American Public Education from a “hold” rating to a “buy” rating in a research note on Thursday, January 2nd. B. Riley lifted their target price on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, Truist Financial raised their price objective on American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research note 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.