Barrington Research Boosts American Public Education (NASDAQ:APEI) Price Target to $24.00

American Public Education (NASDAQ:APEI) had its target price upped by analysts at Barrington Research from $18.00 to $24.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Barrington Research’s price target indicates a potential upside of 20.91% from the stock’s previous close.

Several other research analysts have also recently issued reports on APEI. B. Riley upped their price objective on American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Truist Financial lowered their price target on American Public Education from $20.00 to $15.00 and set a “hold” rating for the company in a report on Tuesday, August 13th. Finally, StockNews.com cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 7th.

American Public Education Stock Up 14.6 %

Shares of American Public Education stock traded up $2.53 during trading on Wednesday, hitting $19.85. 474,012 shares of the stock were exchanged, compared to its average volume of 197,831. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.83 and a quick ratio of 2.83. The firm’s 50-day moving average price is $14.93 and its 200 day moving average price is $16.20. The stock has a market cap of $351.35 million, a price-to-earnings ratio of 35.45, a price-to-earnings-growth ratio of 2.36 and a beta of 1.24. American Public Education has a 12-month low of $5.41 and a 12-month high of $21.04.

Insider Activity at American Public Education

In other news, Director Michael David Braner acquired 59,179 shares of American Public Education stock in a transaction on Tuesday, August 20th. The stock was bought at an average price of $14.05 per share, for a total transaction of $831,464.95. Following the completion of the purchase, the director now owns 1,788,688 shares in the company, valued at $25,131,066.40. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders bought a total of 117,983 shares of company stock valued at $1,747,393 in the last three months. 11.38% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Public Education

Several institutional investors have recently added to or reduced their stakes in APEI. Acadian Asset Management LLC increased its holdings in shares of American Public Education by 5,036.3% in the first quarter. Acadian Asset Management LLC now owns 87,830 shares of the company’s stock valued at $1,246,000 after purchasing an additional 86,120 shares during the period. Empowered Funds LLC acquired a new position in American Public Education in the 1st quarter valued at $799,000. Jacobs Levy Equity Management Inc. purchased a new position in American Public Education during the 1st quarter worth $2,159,000. Ritholtz Wealth Management raised its position in American Public Education by 97.9% during the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock worth $358,000 after buying an additional 10,081 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of American Public Education in the 2nd quarter worth $880,000. Institutional investors and hedge funds own 79.62% of the company’s stock.

About American Public Education

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.