American Public Education’s (APEI) “Buy” Rating Reaffirmed at Barrington Research

Barrington Research reiterated their buy rating on shares of American Public Education (NASDAQ:APEI) in a research report sent to investors on Tuesday morning, AnalystRatings.com reports. They currently have a $37.00 target price on the stock.

Other analysts have also recently issued research reports about the company. Zacks Investment Research raised American Public Education from a hold rating to a strong-buy rating and set a $38.00 price target for the company in a research report on Friday, August 14th. TheStreet raised American Public Education from a c+ rating to a b rating in a research report on Monday, August 17th. BMO Capital Markets boosted their price objective on American Public Education from $33.00 to $38.00 and gave the stock a market perform rating in a research report on Wednesday, August 12th. BidaskClub cut American Public Education from a hold rating to a sell rating in a research report on Friday, August 28th. Finally, Sidoti cut American Public Education from a buy rating to a neutral rating and set a $33.00 price target for the company. in a report on Friday, May 29th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $36.50.

Shares of NASDAQ APEI opened at $28.17 on Tuesday. The business’s 50-day moving average price is $31.12 and its two-hundred day moving average price is $28.08. American Public Education has a one year low of $18.47 and a one year high of $41.09. The company has a market capitalization of $414.46 million, a P/E ratio of 32.01 and a beta of 0.69.

American Public Education (NASDAQ:APEI) last issued its earnings results on Monday, August 10th. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.21. American Public Education had a return on equity of 5.66% and a net margin of 4.41%. On average, equities research analysts forecast that American Public Education will post 1.14 EPS for the current fiscal year.

In related news, Director Jean C. Halle sold 5,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $35.35, for a total transaction of $176,750.00. Following the sale, the director now owns 24,039 shares of the company’s stock, valued at approximately $849,778.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Robert E. Gay sold 2,500 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $33.42, for a total value of $83,550.00. Following the sale, the chief operating officer now directly owns 10,549 shares in the company, valued at approximately $352,547.58. The disclosure for this sale can be found here. Insiders sold a total of 59,517 shares of company stock worth $2,023,330 over the last quarter. Corporate insiders own 3.73% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its holdings in shares of American Public Education by 20.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 8,672 shares of the company’s stock valued at $257,000 after acquiring an additional 1,456 shares in the last quarter. Engineers Gate Manager LP bought a new position in American Public Education during the second quarter worth about $604,000. Jane Street Group LLC bought a new position in American Public Education during the second quarter worth about $224,000. Sei Investments Co. grew its holdings in American Public Education by 27.7% during the second quarter. Sei Investments Co. now owns 12,724 shares of the company’s stock worth $349,000 after purchasing an additional 2,762 shares during the period. Finally, Portolan Capital Management LLC grew its holdings in American Public Education by 14.4% during the second quarter. Portolan Capital Management LLC now owns 222,135 shares of the company’s stock worth $6,575,000 after purchasing an additional 28,000 shares during the period. 93.26% of the stock is currently 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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