American Public Education (APEI) Lowered to “Sell” at BidaskClub

BidaskClub lowered shares of American Public Education (NASDAQ:APEI) from a hold rating to a sell rating in a research note released on Friday.

A number of other equities analysts have also recently issued reports on the company. ValuEngine upgraded American Public Education from a buy rating to a strong-buy rating in a report on Monday, April 2nd. BMO Capital Markets lifted their target price on American Public Education from $27.00 to $42.00 and gave the stock a market perform rating in a report on Tuesday, March 20th. TheStreet upgraded American Public Education from a c rating to a b- rating in a report on Tuesday, March 6th. Finally, Zacks Investment Research upgraded American Public Education from a hold rating to a strong-buy rating and set a $33.00 target price on the stock in a report on Monday, March 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the company’s stock. American Public Education has a consensus rating of Buy and an average target price of $34.67.

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Shares of APEI stock opened at $42.40 on Friday. American Public Education has a 1 year low of $17.40 and a 1 year high of $45.75. The firm has a market cap of $694.99, a PE ratio of 32.87, a PEG ratio of 1.85 and a beta of 0.67.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.18. American Public Education had a return on equity of 7.59% and a net margin of 7.06%. The company had revenue of $78.09 million for the quarter, compared to analysts’ expectations of $76.25 million. sell-side analysts predict that American Public Education will post 1.53 earnings per share for the current year.

In related news, SVP Amy Panzarella sold 2,000 shares of American Public Education stock in a transaction on Monday, March 5th. The stock was sold at an average price of $35.00, for a total value of $70,000.00. Following the transaction, the senior vice president now directly owns 7,007 shares in the company, valued at approximately $245,245. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Wallace E. Jr. Boston sold 10,000 shares of American Public Education stock in a transaction on Thursday, March 29th. The stock was sold at an average price of $40.80, for a total value of $408,000.00. Following the completion of the transaction, the insider now owns 395,001 shares in the company, valued at $16,116,040.80. The disclosure for this sale can be found here. Insiders sold a total of 19,800 shares of company stock worth $780,745 over the last 90 days. Insiders own 3.59% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of APEI. Renaissance Technologies LLC grew its holdings in shares of American Public Education by 14.4% during the fourth quarter. Renaissance Technologies LLC now owns 1,023,700 shares of the company’s stock valued at $25,644,000 after buying an additional 129,100 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of American Public Education by 372.0% during the fourth quarter. Deutsche Bank AG now owns 84,703 shares of the company’s stock valued at $2,120,000 after buying an additional 66,759 shares in the last quarter. BlackRock Inc. grew its holdings in shares of American Public Education by 2.0% during the fourth quarter. BlackRock Inc. now owns 2,095,426 shares of the company’s stock valued at $52,490,000 after buying an additional 41,000 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of American Public Education by 36.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 111,006 shares of the company’s stock valued at $2,337,000 after buying an additional 29,516 shares in the last quarter. Finally, Arizona State Retirement System purchased a new position in shares of American Public Education during the fourth quarter valued at $685,000. Institutional investors and hedge funds own 90.59% of the company’s stock.

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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.

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