American Public Education (NASDAQ:APEI) Price Target Raised to $24.00

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

APEI has been the topic of a number of other research reports. StockNews.com upgraded American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. Barrington Research reiterated an “outperform” rating and set a $24.00 target price on shares of American Public Education in a report on Friday, March 7th. Finally, William Blair upgraded American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $24.33.

American Public Education Stock Down 5.3 %

APEI stock opened at $21.83 on Monday. American Public Education has a fifty-two week low of $11.80 and a fifty-two week high of $25.60. The business’s 50 day moving average price is $21.43 and its two-hundred day moving average price is $18.79. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The company has a market capitalization of $386.65 million, a price-to-earnings ratio of 38.98, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30.

Insider Transactions at American Public Education

In related news, SVP Thomas Beckett sold 3,700 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $22.07, for a total value of $81,659.00. Following the transaction, the senior vice president now directly owns 60,253 shares of the company’s stock, valued at approximately $1,329,783.71. This represents a 5.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 11.38% of the company’s stock.

Hedge Funds Weigh In On American Public Education

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. lifted its position in American Public Education by 2.7% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 35,291 shares of the company’s stock valued at $761,000 after acquiring an additional 943 shares in the last quarter. Principal Financial Group Inc. lifted its position in American Public Education by 10.0% in the 4th quarter. Principal Financial Group Inc. now owns 12,321 shares of the company’s stock valued at $266,000 after acquiring an additional 1,120 shares in the last quarter. JPMorgan Chase & Co. lifted its position in American Public Education by 16.2% in the 4th quarter. JPMorgan Chase & Co. now owns 8,155 shares of the company’s stock valued at $176,000 after acquiring an additional 1,134 shares in the last quarter. New York State Teachers Retirement System bought a new position in American Public Education in the 4th quarter valued at approximately $31,000. Finally, Orion Portfolio Solutions LLC lifted its position in American Public Education by 3.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 51,314 shares of the company’s stock valued at $757,000 after acquiring an additional 1,517 shares in the last quarter. 79.62% of the stock is owned by institutional investors.

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.