BidaskClub lowered shares of American Public Education, Inc. (NASDAQ:APEI) from a sell rating to a strong sell rating in a research report released on Saturday morning.

A number of other brokerages have also issued reports on APEI. Zacks Investment Research lowered American Public Education from a hold rating to a sell rating in a research note on Friday, May 12th. BMO Capital Markets reiterated a hold rating and issued a $24.00 price target on shares of American Public Education in a research note on Wednesday, May 10th.

American Public Education (APEI) opened at 17.80 on Friday. The firm has a market capitalization of $289.21 million, a price-to-earnings ratio of 18.70 and a beta of 1.17. The firm has a 50-day moving average price of $20.94 and a 200-day moving average price of $22.26. American Public Education has a one year low of $14.75 and a one year high of $27.20.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $0.23 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.23. American Public Education had a return on equity of 7.87% and a net margin of 5.18%. The business had revenue of $72.20 million during the quarter, compared to analyst estimates of $70.40 million. During the same quarter in the prior year, the business posted $0.41 EPS. American Public Education’s revenue for the quarter was down 5.9% compared to the same quarter last year. Analysts expect that American Public Education will post $1.02 EPS for the current year.

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A number of large investors have recently modified their holdings of the company. Principal Financial Group Inc. raised its stake in shares of American Public Education by 4.3% in the first quarter. Principal Financial Group Inc. now owns 123,896 shares of the company’s stock worth $2,837,000 after buying an additional 5,137 shares during the last quarter. OppenheimerFunds Inc. acquired a new stake in shares of American Public Education during the first quarter worth about $258,000. Alliancebernstein L.P. raised its stake in shares of American Public Education by 236.1% in the first quarter. Alliancebernstein L.P. now owns 63,587 shares of the company’s stock worth $1,456,000 after buying an additional 44,670 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its stake in shares of American Public Education by 5.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 16,255 shares of the company’s stock worth $372,000 after buying an additional 900 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of American Public Education by 1.5% in the first quarter. JPMorgan Chase & Co. now owns 115,210 shares of the company’s stock worth $2,638,000 after buying an additional 1,692 shares during the last quarter. Institutional investors and hedge funds own 92.02% of the company’s stock.

American Public Education Company Profile

American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.

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