Prudential Financial Inc. lowered its position in shares of American Public Education, Inc. (NASDAQ:APEI) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,102 shares of the company’s stock after selling 760 shares during the period. Prudential Financial Inc. owned about 0.38% of American Public Education worth $1,469,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Texas Permanent School Fund grew its holdings in American Public Education by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 11,853 shares of the company’s stock worth $280,000 after acquiring an additional 119 shares during the last quarter. Thrivent Financial For Lutherans increased its position in shares of American Public Education by 0.5% in the first quarter. Thrivent Financial For Lutherans now owns 90,358 shares of the company’s stock valued at $2,069,000 after acquiring an additional 490 shares during the period. Comerica Bank increased its position in shares of American Public Education by 4.4% in the first quarter. Comerica Bank now owns 17,823 shares of the company’s stock valued at $403,000 after acquiring an additional 752 shares during the period. 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 acquiring an additional 900 shares during the period. Finally, Public Employees Retirement System of Ohio increased its position in shares of American Public Education by 16.2% in the first quarter. Public Employees Retirement System of Ohio now owns 6,524 shares of the company’s stock valued at $149,000 after acquiring an additional 910 shares during the period. 92.02% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “American Public Education, Inc. (APEI) Position Reduced by Prudential Financial Inc.” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece of content on another site, it was stolen and republished in violation of US & international trademark and copyright law. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/10/03/american-public-education-inc-apei-position-reduced-by-prudential-financial-inc.html.

Shares of American Public Education, Inc. (APEI) opened at 21.15 on Tuesday. The stock has a 50 day moving average price of $18.88 and a 200-day moving average price of $21.64. The company has a market capitalization of $343.65 million, a price-to-earnings ratio of 22.22 and a beta of 1.12. American Public Education, Inc. has a 12 month low of $14.75 and a 12 month high of $27.20.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. American Public Education had a net margin of 5.18% and a return on equity of 7.87%. The company had revenue of $72.20 million for the quarter, compared to the consensus estimate of $70.40 million. During the same period in the prior year, the firm posted $0.41 EPS. The firm’s revenue was down 5.9% compared to the same quarter last year. Analysts expect that American Public Education, Inc. will post $1.02 earnings per share for the current fiscal year.

Several equities analysts have recently commented on the stock. ValuEngine raised shares of American Public Education from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Zacks Investment Research upgraded shares of American Public Education from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. BMO Capital Markets reissued a “hold” rating and issued a $19.00 target price on shares of American Public Education in a research note on Friday, August 11th. Finally, BidaskClub cut American Public Education from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd.

American Public Education 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.

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

Receive News & Stock Ratings for American Public Education Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Public Education Inc. and related stocks with our FREE daily email newsletter.