Boston Partners purchased a new position in shares of American Public Education, Inc. (NASDAQ:APEI) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 24,648 shares of the company’s stock, valued at approximately $742,000.
Other hedge funds have also modified their holdings of the company. Meeder Asset Management Inc. purchased a new stake in shares of American Public Education during the first quarter worth about $41,000. Quantamental Technologies LLC purchased a new stake in shares of American Public Education during the first quarter worth about $49,000. PNC Financial Services Group Inc. grew its stake in shares of American Public Education by 388.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,782 shares of the company’s stock worth $51,000 after acquiring an additional 1,417 shares during the last quarter. LS Investment Advisors LLC grew its stake in shares of American Public Education by 459.2% during the fourth quarter. LS Investment Advisors LLC now owns 2,578 shares of the company’s stock worth $73,000 after acquiring an additional 2,117 shares during the last quarter. Finally, BNP Paribas Arbitrage SA grew its stake in shares of American Public Education by 131.4% during the first quarter. BNP Paribas Arbitrage SA now owns 3,599 shares of the company’s stock worth $108,000 after acquiring an additional 2,044 shares during the last quarter. Institutional investors and hedge funds own 94.35% of the company’s stock.
American Public Education stock opened at $28.71 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.88 and a quick ratio of 5.88. American Public Education, Inc. has a 52 week low of $26.37 and a 52 week high of $46.15. The stock has a market cap of $476.18 million, a P/E ratio of 17.72, a PEG ratio of 1.41 and a beta of 0.72.
American Public Education (NASDAQ:APEI) last released its earnings results on Tuesday, May 7th. The company reported $0.32 EPS for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.01. American Public Education had a return on equity of 8.38% and a net margin of 7.45%. The firm had revenue of $73.44 million during the quarter, compared to the consensus estimate of $73.51 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue was down 2.0% compared to the same quarter last year. On average, equities analysts anticipate that American Public Education, Inc. will post 1.36 EPS for the current fiscal year.
A number of equities research analysts have recently weighed in on APEI shares. BidaskClub upgraded American Public Education from a “hold” rating to a “buy” rating in a research note on Saturday, February 23rd. ValuEngine lowered American Public Education from a “buy” rating to a “hold” rating in a research note on Tuesday, March 5th. Barrington Research restated a “buy” rating and set a $40.00 price target on shares of American Public Education in a research note on Tuesday, April 30th. BMO Capital Markets boosted their price target on American Public Education to $33.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 13th. Finally, TheStreet upgraded American Public Education from a “c+” rating to a “b-” rating in a research note on Monday, March 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. American Public Education currently has a consensus rating of “Hold” and a consensus target price of $38.00.
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American Public Education Profile
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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