SummerHaven Investment Management LLC Has $1.37 Million Stock Holdings in American Public Education, Inc. $APEI

SummerHaven Investment Management LLC raised its holdings in shares of American Public Education, Inc. (NASDAQ:APEI) by 1.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 45,110 shares of the company’s stock after buying an additional 619 shares during the period. American Public Education makes up approximately 0.9% of SummerHaven Investment Management LLC’s portfolio, making the stock its 10th largest position. SummerHaven Investment Management LLC’s holdings in American Public Education were worth $1,374,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC grew its stake in shares of American Public Education by 39.5% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 147,930 shares of the company’s stock worth $3,302,000 after acquiring an additional 41,922 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of American Public Education by 6.6% in the 1st quarter. Vanguard Group Inc. now owns 908,974 shares of the company’s stock valued at $20,288,000 after buying an additional 56,674 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in shares of American Public Education in the 1st quarter valued at approximately $213,000. Mackenzie Financial Corp boosted its holdings in shares of American Public Education by 123.2% in the 1st quarter. Mackenzie Financial Corp now owns 59,968 shares of the company’s stock valued at $1,338,000 after buying an additional 33,099 shares during the last quarter. Finally, 4D Advisors LLC acquired a new stake in shares of American Public Education in the 1st quarter valued at approximately $3,013,000. 79.62% of the stock is owned by institutional investors.

American Public Education Trading Up 1.3%

Shares of American Public Education stock opened at $38.54 on Monday. The business has a fifty day simple moving average of $31.73 and a two-hundred day simple moving average of $28.34. American Public Education, Inc. has a 1 year low of $13.45 and a 1 year high of $38.79. The company has a market capitalization of $696.42 million, a price-to-earnings ratio of 36.36, a P/E/G ratio of 2.21 and a beta of 1.61. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.83 and a quick ratio of 2.83.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.05. American Public Education had a return on equity of 10.82% and a net margin of 4.44%.The business had revenue of $162.77 million during the quarter, compared to the consensus estimate of $160.88 million. Research analysts forecast that American Public Education, Inc. will post 0.47 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on APEI shares. Northland Securities increased their price objective on American Public Education from $38.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday. Northland Capmk raised American Public Education to a “strong-buy” rating in a report on Wednesday, June 18th. Barrington Research increased their price objective on American Public Education from $36.00 to $40.00 and gave the company an “outperform” rating in a report on Tuesday, September 23rd. DA Davidson started coverage on American Public Education in a report on Tuesday, September 9th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, Zacks Research raised American Public Education to a “hold” rating in a report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $37.86.

American Public Education Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.