Citadel Advisors LLC boosted its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 74.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 173,738 shares of the company’s stock after purchasing an additional 74,217 shares during the period. Citadel Advisors LLC owned approximately 1.06% of American Public Education worth $5,742,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in APEI. Renaissance Technologies LLC grew its position in American Public Education by 19.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,383,100 shares of the company’s stock worth $58,229,000 after purchasing an additional 225,800 shares during the last quarter. BlackRock Inc. grew its position in American Public Education by 7.1% during the 2nd quarter. BlackRock Inc. now owns 2,247,399 shares of the company’s stock worth $94,614,000 after purchasing an additional 149,612 shares during the last quarter. Millennium Management LLC grew its position in American Public Education by 193.0% during the 2nd quarter. Millennium Management LLC now owns 141,163 shares of the company’s stock worth $5,943,000 after purchasing an additional 92,983 shares during the last quarter. American Century Companies Inc. purchased a new stake in American Public Education during the 3rd quarter worth approximately $1,792,000. Finally, Dimensional Fund Advisors LP grew its position in American Public Education by 3.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,379,689 shares of the company’s stock worth $45,598,000 after purchasing an additional 49,582 shares during the last quarter. 93.76% of the stock is currently owned by institutional investors.
Shares of NASDAQ APEI opened at $29.01 on Friday. American Public Education, Inc. has a 12 month low of $23.15 and a 12 month high of $46.15. The company has a market cap of $484.68 million, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 1.24 and a beta of 0.48.
American Public Education (NASDAQ:APEI) last announced its quarterly earnings data on Tuesday, November 6th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. American Public Education had a net margin of 8.35% and a return on equity of 8.77%. The business had revenue of $72.99 million during the quarter, compared to analysts’ expectations of $72.24 million. During the same period in the previous year, the business posted $0.27 EPS. The business’s quarterly revenue was down .4% compared to the same quarter last year. Equities research analysts predict that American Public Education, Inc. will post 1.59 earnings per share for the current year.
In other American Public Education news, insider Wallace E. Jr. Boston sold 12,000 shares of American Public Education stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $36.00, for a total transaction of $432,000.00. Following the completion of the sale, the insider now directly owns 367,001 shares in the company, valued at approximately $13,212,036. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 12,550 shares of company stock valued at $449,319. Company insiders own 3.19% of the company’s stock.
Several analysts have commented on APEI shares. BidaskClub upgraded shares of American Public Education from a “sell” rating to a “hold” rating in a research note on Friday, October 26th. Barrington Research restated a “buy” rating and set a $40.00 price objective on shares of American Public Education in a research note on Monday, October 22nd. Zacks Investment Research cut shares of American Public Education from a “hold” rating to a “sell” rating in a research note on Monday, November 12th. Finally, TheStreet cut shares of American Public Education from a “b-” rating to a “c+” rating in a research note on Wednesday, November 7th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. American Public Education has a consensus rating of “Buy” and a consensus price target of $42.25.
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American Public Education Profile
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.
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