Prescott Group Capital Management L.L.C. Has $33.84 Million Position in American Public Education, Inc. $APEI

Prescott Group Capital Management L.L.C. lessened its position in American Public Education, Inc. (NASDAQ:APEI) by 31.0% in the third quarter, Holdings Channel.com reports. The firm owned 857,226 shares of the company’s stock after selling 385,245 shares during the quarter. American Public Education comprises 3.6% of Prescott Group Capital Management L.L.C.’s portfolio, making the stock its 2nd biggest holding. Prescott Group Capital Management L.L.C.’s holdings in American Public Education were worth $33,835,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Navellier & Associates Inc. acquired a new position in shares of American Public Education in the third quarter valued at approximately $1,033,000. State of Wyoming increased its position in American Public Education by 4.9% in the 3rd quarter. State of Wyoming now owns 12,209 shares of the company’s stock valued at $482,000 after acquiring an additional 569 shares during the period. Principal Financial Group Inc. raised its stake in shares of American Public Education by 217.3% during the third quarter. Principal Financial Group Inc. now owns 23,185 shares of the company’s stock valued at $915,000 after acquiring an additional 15,877 shares during the last quarter. Independent Advisor Alliance acquired a new position in shares of American Public Education during the third quarter worth $229,000. Finally, Federated Hermes Inc. grew its stake in shares of American Public Education by 4.8% in the third quarter. Federated Hermes Inc. now owns 41,162 shares of the company’s stock worth $1,625,000 after purchasing an additional 1,876 shares during the last quarter. 79.62% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on APEI shares. Griffin Securities set a $53.00 target price on American Public Education in a research report on Tuesday, January 27th. Truist Financial lifted their price objective on American Public Education from $35.00 to $38.00 and gave the stock a “hold” rating in a research note on Friday, November 21st. Barrington Research reiterated an “outperform” rating and issued a $40.00 target price on shares of American Public Education in a report on Tuesday, November 11th. Wall Street Zen lowered shares of American Public Education from a “strong-buy” rating to a “buy” rating in a report on Monday, December 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of American Public Education in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, American Public Education has a consensus rating of “Moderate Buy” and an average target price of $46.43.

American Public Education Stock Performance

Shares of APEI opened at $43.43 on Friday. American Public Education, Inc. has a one year low of $18.76 and a one year high of $45.69. The company has a market cap of $785.21 million, a PE ratio of 32.90, a P/E/G ratio of 1.29 and a beta of 1.71. The stock has a 50-day moving average of $39.74 and a 200-day moving average of $35.84. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.84 and a quick ratio of 2.84.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings data on Monday, November 10th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.39. The firm had revenue of $163.22 million during the quarter, compared to analysts’ expectations of $160.02 million. American Public Education had a return on equity of 11.75% and a net margin of 4.87%. On average, equities research analysts predict that American Public Education, Inc. will post 0.47 EPS for the current fiscal year.

American Public Education Company Profile

American Public Education, Inc operates as a provider of online postsecondary education, offering degree and certificate programs through its wholly owned subsidiary, American Public University System (APUS). The company designs and delivers a broad range of undergraduate and graduate programs in fields such as business administration, information technology, criminal justice, homeland security, health sciences, and education. Its curriculum is developed to meet the needs of working adults, military personnel, veterans and civilian students seeking flexible, career-relevant learning opportunities.

APUS is regionally accredited by the Middle States Commission on Higher Education and employs a proprietary online learning platform that supports asynchronous instruction, digital course materials and interactive learning tools.