American Public Education (APEI) Given New $33.00 Price Target at BMO Capital Markets

American Public Education (NASDAQ:APEI) had its price target increased by BMO Capital Markets to $33.00 in a report published on Wednesday morning, The Fly reports. BMO Capital Markets currently has a market perform rating on the stock.

APEI has been the subject of several other reports. TheStreet raised shares of American Public Education from a c+ rating to a b- rating in a research note on Monday, March 11th. Zacks Investment Research cut shares of American Public Education from a hold rating to a sell rating in a research note on Monday, January 7th. BidaskClub raised shares of American Public Education from a buy rating to a strong-buy rating in a research note on Tuesday, January 22nd. Finally, ValuEngine cut shares of American Public Education from a buy rating to a hold rating in a research note on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $39.75.

Shares of APEI opened at $33.00 on Wednesday. The company has a market cap of $547.34 million, a PE ratio of 20.37, a price-to-earnings-growth ratio of 1.29 and a beta of 0.72. American Public Education has a twelve month low of $26.37 and a twelve month high of $46.15.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, March 12th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.03. The company had revenue of $76.93 million during the quarter, compared to analysts’ expectations of $77.43 million. American Public Education had a net margin of 8.61% and a return on equity of 8.90%. On average, equities research analysts predict that American Public Education will post 1.69 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Texas Permanent School Fund boosted its holdings in shares of American Public Education by 4.0% in the 4th quarter. Texas Permanent School Fund now owns 10,748 shares of the company’s stock valued at $306,000 after buying an additional 414 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of American Public Education by 1.1% in the 4th quarter. Principal Financial Group Inc. now owns 134,580 shares of the company’s stock valued at $3,830,000 after buying an additional 1,404 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of American Public Education by 388.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,782 shares of the company’s stock valued at $51,000 after buying an additional 1,417 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of American Public Education by 6.2% in the 4th quarter. Arizona State Retirement System now owns 25,293 shares of the company’s stock valued at $720,000 after buying an additional 1,468 shares during the last quarter. Finally, Martingale Asset Management L P boosted its holdings in shares of American Public Education by 19.5% in the 4th quarter. Martingale Asset Management L P now owns 9,813 shares of the company’s stock valued at $280,000 after buying an additional 1,600 shares during the last quarter. 94.09% of the stock is owned by institutional investors.

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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