Bailard Inc. Invests $373,000 in American Public Education, Inc. (NASDAQ:APEI)

Bailard Inc. bought a new position in American Public Education, Inc. (NASDAQ:APEI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,300 shares of the company's stock, valued at approximately $373,000. Bailard Inc. owned 0.10% of American Public Education at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in APEI. Bank of New York Mellon Corp boosted its holdings in shares of American Public Education by 29.9% during the fourth quarter. Bank of New York Mellon Corp now owns 57,921 shares of the company's stock worth $1,249,000 after purchasing an additional 13,344 shares during the period. Alberta Investment Management Corp acquired a new stake in shares of American Public Education during the fourth quarter worth approximately $858,000. Principal Financial Group Inc. boosted its holdings in shares of American Public Education by 10.0% during the fourth quarter. Principal Financial Group Inc. now owns 12,321 shares of the company's stock worth $266,000 after purchasing an additional 1,120 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of American Public Education during the fourth quarter worth approximately $31,000. Finally, Empowered Funds LLC boosted its holdings in shares of American Public Education by 5.0% during the fourth quarter. Empowered Funds LLC now owns 90,623 shares of the company's stock worth $1,955,000 after purchasing an additional 4,324 shares during the period. 79.62% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

APEI has been the subject of several research reports. Truist Financial raised their price target on shares of American Public Education from $15.00 to $20.00 and gave the stock a "hold" rating in a report on Thursday, November 14th. StockNews.com upgraded shares of American Public Education from a "buy" rating to a "strong-buy" rating in a report on Friday. Barrington Research restated an "outperform" rating and set a $24.00 price target on shares of American Public Education in a report on Friday. Finally, William Blair raised shares of American Public Education from a "market perform" rating to an "outperform" rating in a research report on Friday. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $23.00.

American Public Education Stock Up 22.1 %

APEI traded up $4.25 during midday trading on Friday, hitting $23.50. 393,354 shares of the company's stock traded hands, compared to its average volume of 167,063. The company has a market cap of $416.23 million, a PE ratio of 41.96, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The stock's fifty day simple moving average is $21.33 and its 200-day simple moving average is $18.53. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65. American Public Education, Inc. has a one year low of $11.43 and a one year high of $25.60.

American Public Education Company 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.