American Public Education (NASDAQ:APEI) Downgraded to “Hold” Rating by StockNews.com

American Public Education (NASDAQ:APEI) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.

A number of other brokerages have also issued reports on APEI. Truist Financial raised their target price on shares of American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday, November 14th. B. Riley raised their price objective on shares of American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Barrington Research lifted their price objective 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.

American Public Education Stock Down 0.4 %

Shares of NASDAQ APEI opened at $22.32 on Wednesday. The stock has a market cap of $395.33 million, a PE ratio of 39.86, a price-to-earnings-growth ratio of 3.11 and a beta of 1.31. American Public Education has a 52-week low of $9.17 and a 52-week high of $23.84. The business has a 50-day moving average price of $18.93 and a 200 day moving average price of $17.05. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37.

Hedge Funds Weigh In On American Public Education

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ritholtz Wealth Management boosted its holdings in American Public Education by 97.9% in the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock valued at $358,000 after purchasing an additional 10,081 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of American Public Education in the second quarter valued at approximately $880,000. Renaissance Technologies LLC grew its holdings in American Public Education by 14.5% during the second quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock worth $17,651,000 after acquiring an additional 127,000 shares during the period. Acadian Asset Management LLC grew its holdings in American Public Education by 121.3% during the second quarter. Acadian Asset Management LLC now owns 194,365 shares of the company’s stock worth $3,414,000 after acquiring an additional 106,535 shares during the period. Finally, Segall Bryant & Hamill LLC purchased a new position in American Public Education in the third quarter worth $1,691,000. 79.62% of the stock is currently owned by hedge funds and other institutional investors.

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.