Arrowstreet Capital Limited Partnership Has $4.77 Million Position in American Public Education, Inc. (NASDAQ:APEI)

Arrowstreet Capital Limited Partnership boosted its holdings in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 11.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 221,224 shares of the company's stock after buying an additional 23,300 shares during the quarter. Arrowstreet Capital Limited Partnership owned 1.25% of American Public Education worth $4,772,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in APEI. New York State Teachers Retirement System purchased a new position in shares of American Public Education during the 4th quarter valued at approximately $31,000. R Squared Ltd acquired a new stake in shares of American Public Education during the 4th quarter worth approximately $38,000. SG Americas Securities LLC acquired a new position in shares of American Public Education in the 4th quarter valued at $121,000. JPMorgan Chase & Co. raised its stake in shares of American Public Education by 16.2% in the 4th quarter. JPMorgan Chase & Co. now owns 8,155 shares of the company's stock valued at $176,000 after acquiring an additional 1,134 shares during the period. Finally, MetLife Investment Management LLC boosted its position in shares of American Public Education by 129.1% during the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company's stock worth $136,000 after buying an additional 5,187 shares during the period. 79.62% of the stock is owned by hedge funds and other institutional investors.

American Public Education Stock Up 0.3 %

Shares of NASDAQ APEI traded up $0.06 during midday trading on Friday, reaching $23.51. 114,362 shares of the company's stock were exchanged, compared to its average volume of 170,171. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The business's fifty day moving average price is $22.15 and its two-hundred day moving average price is $19.97. The stock has a market capitalization of $423.09 million, a PE ratio of 41.98, a price-to-earnings-growth ratio of 1.05 and a beta of 1.47. American Public Education, Inc. has a 52-week low of $11.80 and a 52-week high of $25.60.

Insider Transactions at American Public Education

In other news, SVP Thomas Beckett sold 3,700 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the completion of the sale, the senior vice president now owns 60,253 shares in the company, valued at approximately $1,329,783.71. This represents a 5.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.38% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. William Blair upgraded American Public Education from a "market perform" rating to an "outperform" rating in a research note on Friday, March 7th. B. Riley began coverage on American Public Education in a report on Friday, March 28th. They issued a "buy" rating and a $28.00 target price for the company. Truist Financial boosted their price target on American Public Education from $20.00 to $24.00 and gave the company a "hold" rating in a research report on Monday, March 10th. StockNews.com upgraded shares of American Public Education from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 7th. Finally, Barrington Research reissued an "outperform" rating and issued a $24.00 target price on shares of American Public Education in a report on Friday, March 7th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $25.33.

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.