Spark Investment Management LLC bought a new stake in shares of American Public Education, Inc. (NASDAQ:APEI) during the second quarter, Holdings Channel reports. The fund bought 40,800 shares of the company’s stock, valued at approximately $964,000.

Other institutional investors also recently added to or reduced their stakes in the company. Thrivent Financial For Lutherans boosted its position in American Public Education by 0.5% in the first quarter. Thrivent Financial For Lutherans now owns 90,358 shares of the company’s stock valued at $2,069,000 after buying an additional 490 shares during the last quarter. Comerica Bank boosted 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 valued at $403,000 after buying an additional 752 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its position in 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 valued at $372,000 after buying an additional 900 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in American Public Education by 16.2% in the first quarter. Public Employees Retirement System of Ohio now owns 6,524 shares of the company’s stock valued at $149,000 after buying an additional 910 shares during the last quarter. Finally, Strs Ohio boosted its position in American Public Education by 3.5% in the second quarter. Strs Ohio now owns 29,200 shares of the company’s stock valued at $690,000 after buying an additional 1,000 shares during the last quarter. 93.52% of the stock is currently owned by hedge funds and other institutional investors.

American Public Education, Inc. (APEI) opened at 19.85 on Friday. American Public Education, Inc. has a 52 week low of $14.75 and a 52 week high of $27.20. The firm has a market cap of $322.52 million, a PE ratio of 20.85 and a beta of 1.17. The stock has a 50 day moving average of $22.45 and a 200 day moving average of $22.72.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $0.23 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.23. The firm had revenue of $72.20 million during the quarter, compared to analysts’ expectations of $70.40 million. American Public Education had a return on equity of 7.87% and a net margin of 5.18%. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.41 EPS. Analysts anticipate that American Public Education, Inc. will post $1.05 EPS for the current year.

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Several research firms have commented on APEI. Zacks Investment Research raised shares of American Public Education from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub cut shares of American Public Education from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $24.00 price objective on shares of American Public Education in a research note on Wednesday, May 10th.

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

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