SummerHaven Investment Management LLC Acquires 619 Shares of American Public Education, Inc. $APEI

SummerHaven Investment Management LLC raised its holdings in shares of American Public Education, Inc. (NASDAQ:APEI) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,110 shares of the company’s stock after purchasing an additional 619 shares during the period. American Public Education accounts for approximately 0.9% of SummerHaven Investment Management LLC’s holdings, making the stock its 10th biggest holding. SummerHaven Investment Management LLC owned about 0.25% of American Public Education worth $1,374,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in American Public Education by 19,594.1% during the 1st quarter. GAMMA Investing LLC now owns 3,348 shares of the company’s stock valued at $75,000 after purchasing an additional 3,331 shares during the period. Parallel Advisors LLC acquired a new stake in shares of American Public Education in the 1st quarter valued at approximately $89,000. Public Employees Retirement System of Ohio acquired a new stake in shares of American Public Education in the 4th quarter valued at approximately $124,000. Militia Capital Partners LP acquired a new stake in shares of American Public Education in the 1st quarter valued at approximately $155,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of American Public Education by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,386 shares of the company’s stock valued at $209,000 after acquiring an additional 390 shares during the period. 79.62% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on APEI. Griffin Securities set a $37.00 price target on shares of American Public Education in a research report on Thursday, August 7th. Barrington Research increased their price target on shares of American Public Education from $36.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, September 23rd. DA Davidson began coverage on shares of American Public Education in a research report on Tuesday, September 9th. They issued a “buy” rating and a $40.00 price target on the stock. Northland Capmk upgraded shares of American Public Education to a “strong-buy” rating in a research report on Wednesday, June 18th. Finally, B. Riley increased their price target on shares of American Public Education from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.86.

American Public Education Price Performance

NASDAQ APEI opened at $38.54 on Monday. The business has a 50 day simple moving average of $31.73 and a 200 day simple moving average of $28.34. American Public Education, Inc. has a 52-week low of $13.45 and a 52-week high of $38.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.83 and a current ratio of 2.83. The stock has a market cap of $696.42 million, a price-to-earnings ratio of 36.36, a PEG ratio of 2.21 and a beta of 1.61.

American Public Education (NASDAQ:APEI) last posted its earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.05. American Public Education had a return on equity of 10.82% and a net margin of 4.44%.The business had revenue of $162.77 million during the quarter, compared to analysts’ expectations of $160.88 million. Analysts anticipate that American Public Education, Inc. will post 0.47 earnings per share for the current fiscal year.

American Public Education 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.