Parallel Advisors LLC Raises Position in American Public Education, Inc. $APEI

Parallel Advisors LLC grew its position in American Public Education, Inc. (NASDAQ:APEI) by 70.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,800 shares of the company’s stock after acquiring an additional 2,800 shares during the period. Parallel Advisors LLC’s holdings in American Public Education were worth $207,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in APEI. Deutsche Bank AG boosted its holdings in American Public Education by 27.0% during the fourth quarter. Deutsche Bank AG now owns 14,116 shares of the company’s stock worth $304,000 after buying an additional 2,997 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in American Public Education during the fourth quarter worth about $124,000. Mackenzie Financial Corp purchased a new stake in American Public Education during the fourth quarter worth about $580,000. GAMMA Investing LLC boosted its holdings in American Public Education by 19,594.1% during the first quarter. GAMMA Investing LLC now owns 3,348 shares of the company’s stock worth $75,000 after buying an additional 3,331 shares in the last quarter. Finally, SummerHaven Investment Management LLC boosted its holdings in American Public Education by 1.5% during the first quarter. SummerHaven Investment Management LLC now owns 44,491 shares of the company’s stock worth $993,000 after buying an additional 648 shares in the last quarter. Hedge funds and other institutional investors own 79.62% of the company’s stock.

American Public Education Stock Up 1.4%

Shares of NASDAQ:APEI opened at $36.44 on Tuesday. The stock has a market capitalization of $658.47 million, a price-to-earnings ratio of 34.38, a price-to-earnings-growth ratio of 2.06 and a beta of 1.61. American Public Education, Inc. has a 1-year low of $13.45 and a 1-year high of $36.85. The company’s fifty day moving average is $31.17 and its two-hundred day moving average is $27.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.83 and a current ratio of 2.83.

American Public Education (NASDAQ:APEI) last announced its earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.05. The firm had revenue of $162.77 million during the quarter, compared to analyst estimates of $160.88 million. American Public Education had a net margin of 4.44% and a return on equity of 10.82%. Equities analysts anticipate that American Public Education, Inc. will post 0.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on APEI shares. B. Riley boosted their price objective on shares of American Public Education from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. DA Davidson initiated coverage on shares of American Public Education in a research report on Tuesday, September 9th. They set a “buy” rating and a $40.00 target price for the company. Griffin Securities set a $37.00 target price on shares of American Public Education in a research report on Thursday, August 7th. Zacks Research upgraded shares of American Public Education to a “hold” rating in a research report on Tuesday, August 12th. Finally, Barrington Research lifted their target price on shares of American Public Education from $32.00 to $36.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $35.86.

American Public Education 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.