American Public Education, Inc. (NASDAQ:APEI) Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 30.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,572 shares of the company’s stock after selling 20,142 shares during the period. Goldman Sachs Group Inc. owned about 0.28% of American Public Education worth $1,044,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of APEI. Guggenheim Capital LLC acquired a new position in shares of American Public Education during the fourth quarter valued at about $1,231,000. State Street Corp increased its position in shares of American Public Education by 7.5% in the fourth quarter. State Street Corp now owns 376,155 shares of the company’s stock valued at $9,234,000 after buying an additional 26,149 shares during the last quarter. Alambic Investment Management L.P. increased its position in shares of American Public Education by 80.4% in the first quarter. Alambic Investment Management L.P. now owns 52,824 shares of the company’s stock valued at $1,210,000 after buying an additional 23,550 shares during the last quarter. Norges Bank acquired a new position in shares of American Public Education during the fourth quarter valued at about $3,123,000. Finally, Los Angeles Capital Management & Equity Research Inc. increased its position in shares of American Public Education by 5.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 16,255 shares of the company’s stock valued at $372,000 after buying an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

American Public Education, Inc. (NASDAQ APEI) traded down 4.79% during midday trading on Friday, hitting $18.90. The stock had a trading volume of 51,375 shares. The company has a 50-day moving average of $22.32 and a 200-day moving average of $22.68. The stock has a market cap of $307.09 million, a price-to-earnings ratio of 19.85 and a beta of 1.17. American Public Education, Inc. has a 1-year low of $14.75 and a 1-year high of $27.20.

American Public Education (NASDAQ:APEI) last announced its earnings results on Tuesday, August 8th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.23. The business had revenue of $72.20 million during the quarter, compared to analyst estimates of $70.40 million. American Public Education had a return on equity of 7.87% and a net margin of 5.18%. American Public Education’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period last year, the company earned $0.41 EPS. Equities research analysts forecast that American Public Education, Inc. will post $1.05 EPS for the current year.

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Several equities analysts have issued reports on APEI shares. Zacks Investment Research upgraded American Public Education from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. BMO Capital Markets reiterated a “hold” rating and issued a $24.00 price objective on shares of American Public Education in a research report on Wednesday, May 10th. Finally, BidaskClub downgraded American Public Education from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd.

American Public Education Company Profile

American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.

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Institutional Ownership by Quarter for American Public Education (NASDAQ:APEI)

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