Ameriprise Financial Inc. lifted its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 121,082 shares of the company’s stock after acquiring an additional 7,800 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.75% of American Public Education worth $2,549,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the stock. FMR LLC boosted its position in shares of American Public Education by 27.4% during the 2nd quarter. FMR LLC now owns 803,108 shares of the company’s stock valued at $18,994,000 after acquiring an additional 172,608 shares during the last quarter. Vanguard Group Inc. raised its holdings in American Public Education by 6.6% during the 2nd quarter. Vanguard Group Inc. now owns 1,472,157 shares of the company’s stock valued at $34,817,000 after buying an additional 91,767 shares during the period. Dimensional Fund Advisors LP raised its holdings in American Public Education by 6.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,161,716 shares of the company’s stock valued at $27,475,000 after buying an additional 69,379 shares during the period. Renaissance Technologies LLC raised its holdings in American Public Education by 3.1% during the 2nd quarter. Renaissance Technologies LLC now owns 841,600 shares of the company’s stock valued at $19,904,000 after buying an additional 25,700 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in American Public Education by 58.5% in the third quarter. Russell Investments Group Ltd. now owns 50,927 shares of the company’s stock worth $1,072,000 after purchasing an additional 18,800 shares during the period. Institutional investors own 90.91% of the company’s stock.
American Public Education, Inc. (NASDAQ APEI) opened at $25.70 on Friday. The stock has a market capitalization of $412.39, a PE ratio of 21.42, a PEG ratio of 2.39 and a beta of 1.27. American Public Education, Inc. has a 12 month low of $17.40 and a 12 month high of $27.40.
In other American Public Education news, Director Barbara Kurshan sold 1,524 shares of American Public Education stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $26.50, for a total value of $40,386.00. Following the sale, the director now directly owns 7,210 shares in the company, valued at approximately $191,065. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 2,324 shares of company stock worth $58,566 over the last quarter. Company insiders own 3.59% of the company’s stock.
A number of equities analysts have recently issued reports on APEI shares. BidaskClub downgraded American Public Education from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 14th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $26.00 price objective on shares of American Public Education in a research report on Tuesday, October 17th. ValuEngine raised American Public Education from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. BMO Capital Markets raised their price target on American Public Education from $19.00 to $20.00 and gave the stock a “market perform” rating in a report on Wednesday, November 8th. Finally, Zacks Investment Research raised American Public Education from a “hold” rating to a “strong-buy” rating and set a $28.00 price target for the company in a report on Monday, November 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $25.67.
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About American Public Education
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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