Hillsdale Investment Management Inc. Makes New Investment in American Public Education, Inc. (NASDAQ:APEI)

Hillsdale Investment Management Inc. acquired a new position in American Public Education, Inc. (NASDAQ:APEI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,931 shares of the company’s stock, valued at approximately $141,000. Hillsdale Investment Management Inc. owned about 0.06% of American Public Education at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Cannon Global Investment Management LLC bought a new stake in American Public Education in the first quarter worth about $145,000. Jump Financial LLC bought a new stake in American Public Education in the fourth quarter worth about $137,000. Russell Investments Group Ltd. bought a new stake in American Public Education in the first quarter worth about $211,000. BNP Paribas Financial Markets lifted its stake in American Public Education by 13,583.7% in the first quarter. BNP Paribas Financial Markets now owns 18,473 shares of the company’s stock worth $262,000 after purchasing an additional 18,338 shares during the last quarter. Finally, Bailard Inc. bought a new stake in American Public Education in the fourth quarter worth about $266,000. Institutional investors own 79.62% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on APEI. B. Riley lifted their price target on shares of American Public Education from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 16th. Finally, Barrington Research lifted their price target on shares of American Public Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Wednesday, May 8th.

Insiders Place Their Bets

In other news, EVP Craig S. Macgibbon sold 6,519 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total transaction of $113,104.65. Following the sale, the executive vice president now directly owns 37,751 shares of the company’s stock, valued at $654,979.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, EVP Craig S. Macgibbon sold 6,519 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total transaction of $113,104.65. Following the sale, the executive vice president now directly owns 37,751 shares of the company’s stock, valued at $654,979.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Craig S. Macgibbon sold 1,500 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $18.40, for a total transaction of $27,600.00. Following the transaction, the executive vice president now owns 41,783 shares of the company’s stock, valued at $768,807.20. The disclosure for this sale can be found here. Corporate insiders own 11.38% of the company’s stock.

American Public Education Stock Up 0.8 %

APEI stock traded up $0.15 during trading on Monday, hitting $19.49. 213,090 shares of the company’s stock traded hands, compared to its average volume of 201,439. The firm has a market capitalization of $342.63 million, a P/E ratio of -7.44, a PEG ratio of 1.80 and a beta of 1.31. The business has a fifty day simple moving average of $17.45 and a two-hundred day simple moving average of $14.34. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. American Public Education, Inc. has a 1 year low of $4.05 and a 1 year high of $21.04.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings data on Tuesday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.13. The company had revenue of $154.43 million for the quarter, compared to analyst estimates of $152.34 million. American Public Education had a negative net margin of 6.78% and a positive return on equity of 5.97%. Sell-side analysts anticipate that American Public Education, Inc. will post 0.72 EPS for the current year.

American Public Education Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.