Los Angeles Capital Management & Equity Research Inc. raised its position in American Public Education, Inc. (NASDAQ:APEI) by 5.9% during the first quarter, Holdings Channel reports. The firm owned 16,255 shares of the company’s stock after buying an additional 900 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in American Public Education were worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in APEI. Boothbay Fund Management LLC acquired a new position in American Public Education during the fourth quarter worth $200,000. State of Tennessee Treasury Department raised its position in American Public Education by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 16,283 shares of the company’s stock worth $373,000 after buying an additional 2,457 shares during the period. Comerica Bank raised its position in American Public Education by 4.4% in the first quarter. Comerica Bank now owns 17,823 shares of the company’s stock worth $403,000 after buying an additional 752 shares during the period. Great West Life Assurance Co. Can raised its position in American Public Education by 8.4% in the first quarter. Great West Life Assurance Co. Can now owns 21,650 shares of the company’s stock worth $495,000 after buying an additional 1,677 shares during the period. Finally, Menta Capital LLC raised its position in American Public Education by 11.8% in the fourth quarter. Menta Capital LLC now owns 27,950 shares of the company’s stock worth $686,000 after buying an additional 2,940 shares during the period. 93.53% of the stock is currently owned by institutional investors and hedge funds.

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

American Public Education, Inc. (NASDAQ:APEI) opened at 23.90 on Friday. American Public Education, Inc. has a 1-year low of $14.75 and a 1-year high of $30.79. The firm has a 50-day moving average of $23.28 and a 200-day moving average of $23.42. The stock has a market capitalization of $387.97 million, a price-to-earnings ratio of 21.13 and a beta of 1.25.

American Public Education (NASDAQ:APEI) last released its quarterly earnings results on Tuesday, May 9th. The company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. The business had revenue of $75.70 million for the quarter, compared to analyst estimates of $75.24 million. American Public Education had a net margin of 6.01% and a return on equity of 9.07%. The company’s quarterly revenue was down 9.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. Equities research analysts anticipate that American Public Education, Inc. will post $1.07 EPS for the current year.

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A number of research analysts have weighed in on APEI shares. BMO Capital Markets reissued a “hold” rating and issued a $24.00 target price on shares of American Public Education in a research note on Wednesday, May 10th. Zacks Investment Research raised shares of American Public Education from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 2nd.

About American Public Education

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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