Connor Clark & Lunn Investment Management Ltd. Has $1.19 Million Stock Holdings in American Public Education, Inc. (NASDAQ:APEI)

Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 140.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,906 shares of the company's stock after purchasing an additional 47,293 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.46% of American Public Education worth $1,193,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Renaissance Technologies LLC lifted its stake in American Public Education by 14.5% in the 2nd quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company's stock worth $17,651,000 after acquiring an additional 127,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of American Public Education by 7.8% in the second quarter. Dimensional Fund Advisors LP now owns 592,213 shares of the company's stock worth $10,411,000 after purchasing an additional 42,984 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of American Public Education by 329.5% during the second quarter. Assenagon Asset Management S.A. now owns 425,064 shares of the company's stock worth $7,473,000 after purchasing an additional 326,091 shares during the period. American Century Companies Inc. grew its position in American Public Education by 43.6% during the second quarter. American Century Companies Inc. now owns 351,644 shares of the company's stock valued at $6,182,000 after purchasing an additional 106,689 shares in the last quarter. Finally, Acadian Asset Management LLC increased its stake in American Public Education by 121.3% in the 2nd quarter. Acadian Asset Management LLC now owns 194,365 shares of the company's stock valued at $3,414,000 after buying an additional 106,535 shares during the period. 79.62% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APEI has been the topic of several research analyst reports. StockNews.com cut shares of American Public Education from a "buy" rating to a "hold" rating in a report on Thursday, November 14th. Truist Financial upped their target price on American Public Education from $15.00 to $20.00 and gave the stock a "hold" rating in a research report on Thursday, November 14th. B. Riley lifted their price target on American Public Education from $22.00 to $25.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Finally, Barrington Research boosted their price target on American Public Education from $18.00 to $24.00 and gave the company an "outperform" rating in a research note on Wednesday, November 13th.

American Public Education Trading Up 0.2 %

American Public Education stock opened at $20.52 on Wednesday. American Public Education, Inc. has a one year low of $6.69 and a one year high of $21.04. The company's fifty day moving average price is $15.69 and its two-hundred day moving average price is $16.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65. The company has a market capitalization of $363.41 million, a price-to-earnings ratio of 36.64, a PEG ratio of 2.83 and a beta of 1.24.

Insider Activity

In other news, Director Michael David Braner acquired 17,872 shares of the firm's stock in a transaction that occurred on Friday, August 30th. The stock was acquired at an average cost of $16.77 per share, with a total value of $299,713.44. Following the acquisition, the director now owns 1,922,610 shares in the company, valued at approximately $32,242,169.70. This represents a 0.94 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 11.38% of the stock is currently owned by insiders.

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.