StockNews.com Downgrades American Public Education (NASDAQ:APEI) to Hold

American Public Education (NASDAQ:APEI) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Wednesday.

APEI has been the subject of a number of other research reports. Truist Financial lifted their price objective on American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a research note on Thursday, November 14th. Barrington Research raised their price target on shares of American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Finally, B. Riley upped 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 note on Thursday, November 7th.

American Public Education Stock Performance

Shares of NASDAQ APEI traded up $1.55 during midday trading on Wednesday, reaching $22.41. The company had a trading volume of 119,758 shares, compared to its average volume of 189,181. The business’s 50-day simple moving average is $18.78 and its 200 day simple moving average is $17.02. American Public Education has a 1 year low of $8.84 and a 1 year high of $23.84. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37. The stock has a market cap of $396.93 million, a P/E ratio of 40.02, a P/E/G ratio of 3.11 and a beta of 1.31.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Ritholtz Wealth Management increased its holdings in American Public Education by 97.9% in the second quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock valued at $358,000 after buying an additional 10,081 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in American Public Education in the 2nd quarter valued at approximately $880,000. Renaissance Technologies LLC boosted its stake in shares of American Public Education by 14.5% during the second quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock valued at $17,651,000 after acquiring an additional 127,000 shares during the last quarter. Acadian Asset Management LLC increased its position in American Public Education by 121.3% during the 2nd quarter. Acadian Asset Management LLC now owns 194,365 shares of the company’s stock worth $3,414,000 after purchasing an additional 106,535 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new stake in shares of American Public Education during the 3rd quarter worth about $1,691,000. Hedge funds and other 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.