Menta Capital LLC trimmed its holdings in shares of American Public Education, Inc. (NASDAQ:APEI) by 15.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,871 shares of the company’s stock after selling 2,175 shares during the period. Menta Capital LLC owned about 0.07% of American Public Education worth $281,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in APEI. Nationwide Fund Advisors raised its position in American Public Education by 14.5% in the second quarter. Nationwide Fund Advisors now owns 14,987 shares of the company’s stock valued at $354,000 after purchasing an additional 1,900 shares during the period. Teachers Advisors LLC lifted its stake in shares of American Public Education by 3.8% during the second quarter. Teachers Advisors LLC now owns 33,351 shares of the company’s stock worth $789,000 after purchasing an additional 1,208 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its stake in shares of American Public Education by 7.6% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 17,495 shares of the company’s stock worth $414,000 after purchasing an additional 1,240 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of American Public Education by 4.9% during the second quarter. JPMorgan Chase & Co. now owns 120,865 shares of the company’s stock worth $2,858,000 after purchasing an additional 5,655 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of American Public Education by 38.9% during the second quarter. BNP Paribas Arbitrage SA now owns 6,601 shares of the company’s stock worth $156,000 after purchasing an additional 1,850 shares in the last quarter. 92.02% of the stock is currently owned by hedge funds and other institutional investors.

American Public Education, Inc. (APEI) opened at 21.00 on Wednesday. The stock’s 50 day moving average is $18.93 and its 200-day moving average is $21.63. The firm has a market capitalization of $341.21 million, a PE ratio of 22.06 and a beta of 1.12. American Public Education, Inc. has a 52-week low of $14.75 and a 52-week high of $27.20.

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

A number of research firms have recently issued reports on APEI. BidaskClub lowered American Public Education from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 26th. Zacks Investment Research upgraded American Public Education from a “hold” rating to a “strong-buy” rating and set a $26.00 target price on the stock in a report on Thursday, July 27th. ValuEngine raised American Public Education from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Finally, BMO Capital Markets reissued a “hold” rating and set a $19.00 price target on shares of American Public Education in a research report on Friday, August 11th.

TRADEMARK VIOLATION WARNING: “Menta Capital LLC Cuts Position in American Public Education, Inc. (APEI)” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The correct version of this article can be read at https://www.thecerbatgem.com/2017/10/04/menta-capital-llc-cuts-position-in-american-public-education-inc-apei.html.

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.

Want to see what other hedge funds are holding APEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Public Education, Inc. (NASDAQ:APEI).

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.