American Public Education (NASDAQ:APEI) Sets New 1-Year High – Here’s What Happened

Shares of American Public Education, Inc. (NASDAQ:APEI) hit a new 52-week high during trading on Wednesday . The company traded as high as $46.49 and last traded at $46.37, with a volume of 279421 shares traded. The stock had previously closed at $46.07.

Analysts Set New Price Targets

Several equities research analysts have issued reports on APEI shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Public Education in a research note on Monday, December 29th. DA Davidson raised their price objective on American Public Education from $43.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Zacks Research upgraded American Public Education from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Truist Financial raised their price target on American Public Education from $35.00 to $38.00 and gave the company a “hold” rating in a research note on Friday, November 21st. Finally, Wall Street Zen lowered American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, American Public Education has an average rating of “Moderate Buy” and a consensus price target of $47.14.

American Public Education Price Performance

The business has a fifty day moving average of $41.82 and a 200 day moving average of $37.35. The firm has a market cap of $838.37 million, a P/E ratio of 35.13, a PEG ratio of 1.38 and a beta of 1.70. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.34.

Hedge Funds Weigh In On American Public Education

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. raised its position in shares of American Public Education by 1.0% in the fourth quarter. Pacer Advisors Inc. now owns 63,644 shares of the company’s stock valued at $2,406,000 after purchasing an additional 652 shares during the period. Mackenzie Financial Corp grew its stake in American Public Education by 6.5% in the 4th quarter. Mackenzie Financial Corp now owns 51,377 shares of the company’s stock valued at $1,919,000 after buying an additional 3,141 shares during the last quarter. Empowered Funds LLC raised its holdings in American Public Education by 1.1% in the 4th quarter. Empowered Funds LLC now owns 110,614 shares of the company’s stock valued at $4,181,000 after acquiring an additional 1,150 shares during the period. Millennium Management LLC acquired a new stake in American Public Education during the fourth quarter worth approximately $997,000. Finally, Engineers Gate Manager LP boosted its holdings in shares of American Public Education by 99.9% during the fourth quarter. Engineers Gate Manager LP now owns 12,270 shares of the company’s stock worth $464,000 after acquiring an additional 6,132 shares during the period. 79.62% of the stock is owned by institutional investors.

About American Public Education

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.