JPMorgan Chase & Co. Reduces Stock Holdings in American Public Education, Inc. (NASDAQ:APEI)

JPMorgan Chase & Co. lessened its holdings in shares of American Public Education, Inc. (NASDAQ:APEI) by 87.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,021 shares of the company’s stock after selling 48,036 shares during the period. JPMorgan Chase & Co.’s holdings in American Public Education were worth $104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. MetLife Investment Management LLC grew 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 worth $136,000 after purchasing an additional 5,187 shares during the period. Principal Financial Group Inc. acquired a new stake in American Public Education during the third quarter worth about $165,000. FMR LLC grew its holdings in American Public Education by 350.3% during the third quarter. FMR LLC now owns 11,658 shares of the company’s stock worth $172,000 after acquiring an additional 9,069 shares during the period. Martingale Asset Management L P purchased a new position in American Public Education during the third quarter valued at approximately $189,000. Finally, BNP Paribas Financial Markets lifted its holdings in American Public Education by 383.7% in the third quarter. BNP Paribas Financial Markets now owns 14,720 shares of the company’s stock valued at $217,000 after acquiring an additional 11,677 shares during the period. 79.62% of the stock is currently owned by institutional investors and hedge funds.

American Public Education Stock Performance

NASDAQ APEI opened at $22.17 on Monday. 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 1-year low of $10.15 and a 1-year high of $23.84. The company has a market cap of $392.63 million, a PE ratio of 39.59, a price-to-earnings-growth ratio of 1.07 and a beta of 1.29. The stock’s 50 day simple moving average is $21.32 and its 200-day simple moving average is $17.82.

Analyst Ratings Changes

APEI has been the topic of a number of analyst reports. Truist Financial raised their price objective 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. StockNews.com upgraded American Public Education from a “hold” rating to a “buy” rating in a research note on Thursday, January 2nd. B. Riley increased their price target on American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Barrington Research boosted their price objective on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th.

American Public Education Company Profile

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.