Manatuck Hill Partners LLC cut its position in shares of American Public Education, Inc. (NASDAQ:APEI – Free Report) by 7.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,466 shares of the company’s stock after selling 10,000 shares during the period. American Public Education accounts for about 1.7% of Manatuck Hill Partners LLC’s investment portfolio, making the stock its 21st largest position. Manatuck Hill Partners LLC owned approximately 0.70% of American Public Education worth $4,780,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in APEI. No Street GP LP purchased a new stake in shares of American Public Education during the 3rd quarter worth about $32,365,000. Divisadero Street Capital Management LP bought a new position in shares of American Public Education in the 3rd quarter valued at approximately $15,108,000. Assenagon Asset Management S.A. raised its stake in shares of American Public Education by 1,667.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 180,835 shares of the company’s stock valued at $6,836,000 after acquiring an additional 170,604 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of American Public Education by 122.9% in the 3rd quarter. Lazard Asset Management LLC now owns 294,386 shares of the company’s stock valued at $11,619,000 after acquiring an additional 162,318 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of American Public Education by 1,025.5% in the 4th quarter. JPMorgan Chase & Co. now owns 130,600 shares of the company’s stock valued at $4,937,000 after acquiring an additional 118,996 shares in the last quarter. 79.62% of the stock is owned by hedge funds and other institutional investors.
American Public Education Price Performance
Shares of APEI stock opened at $52.30 on Thursday. The stock’s fifty day simple moving average is $54.88 and its 200 day simple moving average is $47.69. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.98 and a quick ratio of 2.98. The firm has a market cap of $959.18 million, a price-to-earnings ratio of 27.67, a P/E/G ratio of 1.34 and a beta of 1.38. American Public Education, Inc. has a one year low of $27.74 and a one year high of $61.59.
Wall Street Analysts Forecast Growth
APEI has been the topic of a number of recent analyst reports. Zacks Research downgraded American Public Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. DA Davidson reaffirmed a “buy” rating and issued a $64.00 price target on shares of American Public Education in a research report on Monday, June 1st. B. Riley Financial lifted their price target on American Public Education from $67.00 to $68.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Weiss Ratings raised American Public Education from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, May 26th. Finally, Barrington Research lifted their price target on American Public Education from $56.00 to $62.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, American Public Education currently has an average rating of “Moderate Buy” and a consensus target price of $59.13.
Read Our Latest Stock Report on American Public Education
Insider Buying and Selling
In other American Public Education news, insider 325 Capital Llc sold 65,000 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $53.78, for a total value of $3,495,700.00. Following the transaction, the insider owned 836,234 shares of the company’s stock, valued at approximately $44,972,664.52. The trade was a 7.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 10.60% of the company’s stock.
American Public Education 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.
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