Truist Financial Raises American Public Education (NASDAQ:APEI) Price Target to $20.00

American Public Education (NASDAQ:APEI) had its price objective upped by Truist Financial from $15.00 to $20.00 in a report released on Thursday,Benzinga reports. Truist Financial currently has a hold rating on the stock.

Several other equities analysts also recently commented on APEI. Barrington Research increased 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. B. Riley increased their price target on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, StockNews.com lowered American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 7th.

American Public Education Stock Down 0.7 %

APEI stock opened at $18.32 on Thursday. The firm has a 50-day moving average price of $15.15 and a 200-day moving average price of $16.30. American Public Education has a 12 month low of $5.41 and a 12 month high of $21.04. The company has a current ratio of 2.65, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $324.45 million, a P/E ratio of 32.71, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24.

Insiders Place Their Bets

In related news, Director Michael David Braner bought 17,872 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was acquired at an average cost of $16.77 per share, with a total value of $299,713.44. Following the transaction, the director now directly owns 1,922,610 shares in the company, valued at approximately $32,242,169.70. This trade represents a 0.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired 117,983 shares of company stock valued at $1,747,393 in the last ninety days. 11.38% of the stock is currently owned by insiders.

Institutional Investors Weigh In On American Public Education

A number of institutional investors have recently made changes to their positions in APEI. Innealta Capital LLC bought a new position in shares of American Public Education during the second quarter worth about $34,000. Quarry LP increased its position in American Public Education by 94.0% during the 2nd quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after purchasing an additional 2,261 shares during the period. Public Employees Retirement System of Ohio bought a new position in American Public Education during the 1st quarter worth approximately $130,000. MetLife Investment Management LLC lifted its position in shares of American Public Education by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after purchasing an additional 5,187 shares during the period. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of American Public Education in the 1st quarter worth approximately $141,000. Institutional investors own 79.62% of the company’s stock.

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.