American Public Education, Inc. $APEI is Bastion Asset Management Inc.’s 4th Largest Position

Bastion Asset Management Inc. decreased its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 35.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 312,729 shares of the company’s stock after selling 173,172 shares during the period. American Public Education accounts for 4.5% of Bastion Asset Management Inc.’s investment portfolio, making the stock its 4th largest position. Bastion Asset Management Inc.’s holdings in American Public Education were worth $9,526,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. USA Financial Formulas bought a new stake in shares of American Public Education during the second quarter valued at about $58,000. Parallel Advisors LLC boosted its position in shares of American Public Education by 70.0% in the second quarter. Parallel Advisors LLC now owns 6,800 shares of the company’s stock valued at $207,000 after acquiring an additional 2,800 shares during the period. Militia Capital Partners LP grew its stake in American Public Education by 43.5% during the first quarter. Militia Capital Partners LP now owns 6,932 shares of the company’s stock valued at $155,000 after acquiring an additional 2,100 shares in the last quarter. Regal Partners Ltd bought a new stake in American Public Education during the 2nd quarter worth approximately $224,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 worth $209,000 after purchasing an additional 390 shares in the last quarter. Institutional investors own 79.62% of the company’s stock.

American Public Education Price Performance

Shares of American Public Education stock opened at $30.67 on Friday. The firm has a market capitalization of $554.11 million, a PE ratio of 28.93, a price-to-earnings-growth ratio of 2.01 and a beta of 1.65. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 0.35. American Public Education, Inc. has a 12 month low of $16.65 and a 12 month high of $39.83. The business’s 50-day moving average price is $35.43 and its 200-day moving average price is $30.96.

American Public Education (NASDAQ:APEI) last issued its earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $160.88 million. Sell-side analysts forecast that American Public Education, Inc. will post 0.47 EPS for the current fiscal year.

Analysts Set New Price Targets

APEI has been the subject of a number of recent analyst reports. B. Riley restated a “buy” rating on shares of American Public Education in a research report on Wednesday, October 15th. Lake Street Capital set a $38.00 price objective on American Public Education and gave the company a “buy” rating in a research note on Wednesday, October 15th. Griffin Securities set a $37.00 target price on American Public Education in a research note on Thursday, August 7th. DA Davidson assumed coverage on American Public Education in a report on Tuesday, September 9th. They issued a “buy” rating and a $40.00 price target on the stock. Finally, Barrington Research boosted their price objective on American Public Education from $36.00 to $40.00 and gave the stock an “outperform” rating in a report on Tuesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $38.29.

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.