Barrington Research Reaffirms “Outperform” Rating for American Public Education (NASDAQ:APEI)

American Public Education (NASDAQ:APEI)‘s stock had its “outperform” rating reissued by equities researchers at Barrington Research in a report released on Wednesday,Benzinga reports. They presently have a $24.00 price target on the stock. Barrington Research’s price target points to a potential upside of 2.30% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. Truist Financial increased their price target on American Public Education from $20.00 to $24.00 and gave the company a “hold” rating in a research note on Monday, March 10th. Lake Street Capital assumed coverage on shares of American Public Education in a research note on Friday, April 25th. They set a “buy” rating and a $30.00 target price for the company. B. Riley started coverage on shares of American Public Education in a research note on Friday, March 28th. They issued a “buy” rating and a $28.00 price target on the stock. William Blair upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating in a research report on Friday, March 7th. Finally, StockNews.com raised American Public Education from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $26.50.

American Public Education Trading Down 0.2 %

American Public Education stock opened at $23.46 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The stock has a 50-day simple moving average of $22.64 and a 200 day simple moving average of $20.86. The stock has a market capitalization of $423.12 million, a P/E ratio of 41.89, a PEG ratio of 1.05 and a beta of 1.47. American Public Education has a 52 week low of $11.80 and a 52 week high of $25.76.

Insider Buying and Selling at American Public Education

In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of American Public Education stock in a transaction on Monday, March 10th. The stock was sold at an average price of $22.07, for a total value of $81,659.00. Following the completion of the transaction, the senior vice president now directly owns 60,253 shares of the company’s stock, valued at $1,329,783.71. The trade was a 5.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 17.54% of the company’s stock.

Institutional Trading of American Public Education

Several large investors have recently modified their holdings of APEI. Barclays PLC lifted its position in American Public Education by 17.4% during the third quarter. Barclays PLC now owns 28,078 shares of the company’s stock worth $414,000 after purchasing an additional 4,167 shares during the period. Geode Capital Management LLC lifted its holdings in shares of American Public Education by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 404,168 shares of the company’s stock worth $5,963,000 after acquiring an additional 2,573 shares during the period. Franklin Resources Inc. acquired a new stake in shares of American Public Education during the 3rd quarter worth approximately $247,000. Principal Financial Group Inc. bought a new position in American Public Education in the third quarter valued at approximately $165,000. Finally, Assenagon Asset Management S.A. increased its stake in American Public Education by 3.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 121,688 shares of the company’s stock valued at $2,625,000 after acquiring an additional 3,775 shares during the last quarter. 79.62% 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 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.