Citadel Advisors LLC boosted its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 74.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 173,738 shares of the company’s stock after acquiring an additional 74,217 shares during the period. Citadel Advisors LLC’s holdings in American Public Education were worth $5,742,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of APEI. Victory Capital Management Inc. grew its holdings in shares of American Public Education by 42.5% during the third quarter. Victory Capital Management Inc. now owns 6,431 shares of the company’s stock worth $213,000 after buying an additional 1,917 shares in the last quarter. Martingale Asset Management L P grew its holdings in shares of American Public Education by 32.2% during the third quarter. Martingale Asset Management L P now owns 8,213 shares of the company’s stock worth $272,000 after buying an additional 2,000 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of American Public Education by 8.1% during the second quarter. Legal & General Group Plc now owns 32,771 shares of the company’s stock worth $1,380,000 after buying an additional 2,468 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of American Public Education by 17.7% during the second quarter. First Trust Advisors LP now owns 18,890 shares of the company’s stock worth $795,000 after buying an additional 2,841 shares in the last quarter. Finally, Strs Ohio grew its holdings in shares of American Public Education by 18.3% during the third quarter. Strs Ohio now owns 23,300 shares of the company’s stock worth $770,000 after buying an additional 3,600 shares in the last quarter. Institutional investors own 93.76% of the company’s stock.

American Public Education stock opened at $29.01 on Friday. American Public Education, Inc. has a 52-week low of $23.15 and a 52-week high of $46.15. The firm has a market cap of $484.68 million, a PE 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 earnings per share (EPS) for the quarter, beating the Zacks’ 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 firm had revenue of $72.99 million during the quarter, compared to analyst estimates of $72.24 million. During the same quarter in the prior year, the firm posted $0.27 earnings per share. American Public Education’s quarterly revenue was down .4% on a year-over-year basis. As a group, equities research analysts forecast that American Public Education, Inc. will post 1.59 EPS for the current fiscal year.

In related news, insider Wallace E. Jr. Boston sold 12,000 shares of the company’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $36.00, for a total value of $432,000.00. Following the completion of the sale, the insider now owns 367,001 shares of the company’s stock, valued at $13,212,036. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 12,550 shares of company stock valued at $449,319 in the last three months. 3.19% of the stock is currently owned by insiders.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of American Public Education from a “sell” rating to a “hold” rating in a report on Friday, November 30th. TheStreet lowered shares of American Public Education from a “b-” rating to a “c+” rating in a report on Wednesday, November 7th. BidaskClub raised shares of American Public Education from a “sell” rating to a “hold” rating in a report on Friday, October 26th. Finally, Barrington Research reaffirmed a “buy” rating and set a $40.00 target price on shares of American Public Education in a report on Wednesday, November 7th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. American Public Education has an average rating of “Buy” and an average target price of $42.25.

TRADEMARK VIOLATION NOTICE: “American Public Education, Inc. (APEI) Shares Bought by Citadel Advisors LLC” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this news story can be viewed at https://www.watchlistnews.com/american-public-education-inc-apei-shares-bought-by-citadel-advisors-llc/2669692.html.

About American Public Education

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.

Further Reading: Understanding Compound Annual Growth Rate (CAGR)

Want to see what other hedge funds are holding APEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Public Education, Inc. (NASDAQ:APEI).

Institutional Ownership by Quarter for American Public Education (NASDAQ:APEI)

Receive News & Ratings for American Public Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Public Education and related companies with MarketBeat.com's FREE daily email newsletter.