StockNews.com Upgrades American Public Education (NASDAQ:APEI) to Buy

American Public Education (NASDAQ:APEI) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

APEI has been the subject of a number of other reports. Barrington Research raised their price objective on shares of American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Truist Financial raised their price objective 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. Finally, B. Riley raised their price objective on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th.

American Public Education Price Performance

APEI opened at $23.27 on Tuesday. The firm has a market cap of $412.16 million, a P/E ratio of 41.55, a PEG ratio of 3.11 and a beta of 1.31. The firm has a 50-day moving average of $17.71 and a 200 day moving average of $16.80. 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 $8.13 and a fifty-two week high of $23.33.

Hedge Funds Weigh In On American Public Education

A number of hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new position in shares of American Public Education in the 2nd quarter worth approximately $880,000. Panagora Asset Management Inc. bought a new position in shares of American Public Education in the 2nd quarter worth approximately $476,000. Innealta Capital LLC bought a new position in shares of American Public Education in the 2nd quarter worth approximately $34,000. Ritholtz Wealth Management lifted its stake in shares of American Public Education by 97.9% in the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock worth $358,000 after purchasing an additional 10,081 shares during the period. Finally, Rhumbline Advisers lifted its stake in shares of 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 purchasing an additional 21,565 shares during the period. 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.