Assenagon Asset Management S.A. Has $202,000 Holdings in American Public Education, Inc. (NASDAQ:APEI)

Assenagon Asset Management S.A. decreased its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 27.6% during the second quarter, HoldingsChannel.com reports. The fund owned 6,812 shares of the company’s stock after selling 2,597 shares during the period. Assenagon Asset Management S.A.’s holdings in American Public Education were worth $202,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of APEI. Marshall Wace LLP acquired a new position in shares of American Public Education during the 1st quarter valued at about $56,000. Amundi Pioneer Asset Management Inc. increased its holdings in shares of American Public Education by 113.8% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 13,686 shares of the company’s stock valued at $412,000 after acquiring an additional 7,286 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of American Public Education by 15.3% during the 4th quarter. Victory Capital Management Inc. now owns 5,895 shares of the company’s stock valued at $161,000 after acquiring an additional 782 shares during the last quarter. UBS Group AG increased its holdings in shares of American Public Education by 67.7% during the 4th quarter. UBS Group AG now owns 20,386 shares of the company’s stock valued at $558,000 after acquiring an additional 8,231 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of American Public Education by 170.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 248,460 shares of the company’s stock valued at $6,805,000 after acquiring an additional 156,601 shares during the last quarter. 92.17% of the stock is currently owned by institutional investors and hedge funds.

APEI opened at $29.11 on Friday. The firm has a market capitalization of $430.25 million, a P/E ratio of 39.88 and a beta of 0.78. The stock’s 50 day moving average price is $29.94 and its two-hundred day moving average price is $26.77. The company has a quick ratio of 4.71, a current ratio of 4.71 and a debt-to-equity ratio of 0.03. American Public Education, Inc. has a 12-month low of $18.47 and a 12-month high of $34.63.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). American Public Education had a return on equity of 4.96% and a net margin of 3.97%. The firm had revenue of $74.62 million during the quarter, compared to the consensus estimate of $74.18 million. As a group, analysts anticipate that American Public Education, Inc. will post 0.85 earnings per share for the current year.

A number of brokerages have recently commented on APEI. BidaskClub lowered American Public Education from a “hold” rating to a “sell” rating in a report on Wednesday, July 15th. Barrington Research raised American Public Education from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a report on Tuesday, May 12th. Zacks Investment Research raised American Public Education from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Wednesday, June 24th. Sidoti lowered American Public Education from a “buy” rating to a “neutral” rating and set a $33.00 target price on the stock. in a report on Friday, May 29th. They noted that the move was a valuation call. Finally, BMO Capital Markets raised their target price on American Public Education from $20.00 to $33.00 and gave the company a “market perform” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $32.50.

In other American Public Education news, insider Wallace E. Jr. Boston sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $32.03, for a total value of $320,300.00. Following the completion of the sale, the insider now owns 419,857 shares in the company, valued at approximately $13,448,019.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Thomas Beckett sold 1,285 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $32.86, for a total value of $42,225.10. Following the completion of the sale, the senior vice president now owns 16,576 shares of the company’s stock, valued at approximately $544,687.36. The disclosure for this sale can be found here. Insiders sold a total of 11,485 shares of company stock valued at $368,835 in the last quarter. Corporate insiders own 3.73% of the company’s stock.

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

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