American Public Education (APEI) Upgraded at BidaskClub

American Public Education (NASDAQ:APEI) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Thursday.

Several other equities research analysts have also recently commented on the company. ValuEngine cut American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 9th. Barrington Research lowered their target price on American Public Education to $40.00 and set an “outperform” rating for the company in a research note on Thursday, August 9th. They noted that the move was a valuation call. Sidoti raised American Public Education from a “neutral” rating to a “buy” rating in a research note on Thursday, August 9th. Piper Jaffray Companies reissued a “hold” rating and issued a $41.00 target price on shares of American Public Education in a research note on Thursday, August 9th. Finally, BMO Capital Markets lowered their target price on American Public Education from $44.00 to $43.00 and set a “market perform” rating for the company in a research note on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $42.25.

Shares of APEI opened at $32.30 on Thursday. American Public Education has a 52-week low of $19.30 and a 52-week high of $46.15. The firm has a market capitalization of $514.07 million, a price-to-earnings ratio of 25.04, a price-to-earnings-growth ratio of 1.30 and a beta of 0.57.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings data on Wednesday, August 8th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.06. American Public Education had a return on equity of 8.61% and a net margin of 7.97%. The firm had revenue of $72.80 million during the quarter, compared to the consensus estimate of $73.14 million. During the same quarter in the previous year, the company posted $0.23 EPS. The business’s revenue for the quarter was up .8% compared to the same quarter last year. equities research analysts expect that American Public Education will post 1.61 earnings per share for the current year.

In other news, insider Wallace E. Jr. Boston sold 4,000 shares of American Public Education stock in a transaction on Wednesday, August 1st. The stock was sold at an average price of $43.65, for a total value of $174,600.00. Following the completion of the sale, the insider now directly owns 382,801 shares of the company’s stock, valued at approximately $16,709,263.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 8,300 shares of company stock valued at $355,548 over the last three months. Insiders own 3.19% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in shares of American Public Education during the first quarter worth $101,000. Wells Fargo & Company MN grew its stake in shares of American Public Education by 9.9% during the first quarter. Wells Fargo & Company MN now owns 26,964 shares of the company’s stock worth $1,160,000 after purchasing an additional 2,436 shares during the period. Legal & General Group Plc grew its stake in shares of American Public Education by 8.1% during the second quarter. Legal & General Group Plc now owns 32,771 shares of the company’s stock worth $1,380,000 after purchasing an additional 2,468 shares during the period. Northern Trust Corp grew its stake in shares of American Public Education by 1.3% during the first quarter. Northern Trust Corp now owns 206,148 shares of the company’s stock worth $8,864,000 after purchasing an additional 2,628 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of American Public Education by 17.7% during the second quarter. First Trust Advisors LP now owns 18,890 shares of the company’s stock worth $795,000 after purchasing an additional 2,841 shares during the period. 93.54% of the stock is owned by institutional investors and hedge funds.

About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

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