American Public Education (NASDAQ:APEI) Given New $24.00 Price Target at Truist Financial

American Public Education (NASDAQ:APEI) had its price objective raised by Truist Financial from $20.00 to $24.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a hold rating on the stock.

APEI has been the topic of several other reports. Barrington Research reiterated an “outperform” rating and set a $24.00 price target on shares of American Public Education in a research report on Friday. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Friday. Finally, William Blair upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating in a research note on Friday. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $24.33.

American Public Education Price Performance

Shares of NASDAQ APEI opened at $22.92 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. American Public Education has a fifty-two week low of $11.43 and a fifty-two week high of $25.60. The stock has a market cap of $405.96 million, a PE ratio of 40.93, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The stock has a fifty day moving average of $21.40 and a 200-day moving average of $18.71.

Insider Transactions at American Public Education

In other news, SVP Thomas Beckett sold 3,700 shares of American Public Education stock in a transaction on Monday, March 10th. The shares were sold at an average price of $22.07, for a total transaction of $81,659.00. Following the completion of the sale, the senior vice president now directly owns 60,253 shares of the company’s stock, valued at approximately $1,329,783.71. The trade was a 5.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 11.38% of the stock is owned by insiders.

Institutional Investors Weigh In On American Public Education

Several hedge funds have recently added to or reduced their stakes in APEI. New York State Teachers Retirement System purchased a new position in shares of American Public Education during the 4th quarter valued at about $31,000. R Squared Ltd bought a new position in American Public Education during the fourth quarter valued at approximately $38,000. SG Americas Securities LLC purchased a new position in shares of American Public Education during the fourth quarter worth approximately $121,000. Public Employees Retirement System of Ohio bought a new stake in shares of American Public Education in the 4th quarter worth approximately $124,000. Finally, MetLife Investment Management LLC boosted its stake in shares of American Public Education by 129.1% in 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 in the last quarter. Institutional investors own 79.62% of the company’s stock.

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.