Macquarie Group Ltd. Takes Position in American Public Education, Inc. (APEI)

Macquarie Group Ltd. acquired a new position in shares of American Public Education, Inc. (NASDAQ:APEI) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 48,538 shares of the company’s stock, valued at approximately $1,022,000. Macquarie Group Ltd. owned approximately 0.30% of American Public Education at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of APEI. Public Employees Retirement System of Ohio lifted its stake in shares of American Public Education by 16.2% during the first quarter. Public Employees Retirement System of Ohio now owns 6,524 shares of the company’s stock worth $149,000 after purchasing an additional 910 shares in the last quarter. BNP Paribas Arbitrage SA lifted its stake in shares of American Public Education by 38.9% during the second quarter. BNP Paribas Arbitrage SA now owns 6,601 shares of the company’s stock worth $156,000 after purchasing an additional 1,850 shares in the last quarter. Arizona State Retirement System acquired a new position in shares of American Public Education during the second quarter worth about $201,000. Brandywine Global Investment Management LLC acquired a new position in shares of American Public Education during the second quarter worth about $209,000. Finally, Voya Investment Management LLC acquired a new position in shares of American Public Education during the second quarter worth about $221,000. Institutional investors own 90.91% of the company’s stock.

In other news, Director Barbara Kurshan sold 1,524 shares of American Public Education stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $26.50, for a total transaction of $40,386.00. Following the sale, the director now directly owns 7,210 shares of the company’s stock, valued at $191,065. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders have sold 2,624 shares of company stock worth $62,794. Corporate insiders own 3.59% of the company’s stock.

A number of research analysts have commented on the company. Piper Jaffray Companies restated a “hold” rating and set a $29.00 price objective on shares of American Public Education in a research note on Monday, December 4th. ValuEngine cut American Public Education from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Zacks Investment Research upgraded American Public Education from a “hold” rating to a “strong-buy” rating and set a $28.00 price objective on the stock in a research note on Monday, November 13th. TheStreet upgraded American Public Education from a “c” rating to a “b-” rating in a research note on Thursday, November 30th. Finally, BidaskClub cut American Public Education from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $25.67.

Shares of American Public Education, Inc. (NASDAQ:APEI) opened at $26.20 on Friday. American Public Education, Inc. has a 52-week low of $17.40 and a 52-week high of $27.40. The stock has a market capitalization of $426.22, a PE ratio of 21.83, a PEG ratio of 2.43 and a beta of 1.26.

American Public Education (NASDAQ:APEI) last announced its earnings results on Tuesday, November 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.06. American Public Education had a return on equity of 7.20% and a net margin of 6.54%. The business had revenue of $73.28 million for the quarter, compared to analyst estimates of $71.06 million. During the same period in the previous year, the company earned $0.02 earnings per share. The company’s revenue for the quarter was down .7% compared to the same quarter last year. analysts predict that American Public Education, Inc. will post 1.08 EPS for the current fiscal year.

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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.

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

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