Truist Financial Raises American Public Education (NASDAQ:APEI) Price Target to $24.00

American Public Education (NASDAQ:APEI) had its price target lifted by equities researchers at Truist Financial from $20.00 to $24.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s price objective points to a potential upside of 4.12% from the stock’s current price.

APEI has been the topic of several other reports. William Blair raised American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. Barrington Research reissued an “outperform” rating and issued a $24.00 target price on shares of American Public Education in a report on Friday, March 7th. Finally, StockNews.com raised American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $24.33.

American Public Education Stock Up 0.6 %

Shares of APEI opened at $23.05 on Monday. The company has a market capitalization of $408.26 million, a P/E ratio of 41.16, a PEG ratio of 1.05 and a beta of 1.30. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65. American Public Education has a one year low of $11.44 and a one year high of $25.60. The business’s 50 day simple moving average is $21.43 and its 200-day simple moving average is $18.76.

Insiders Place Their Bets

In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the transaction, the senior vice president now owns 60,253 shares of the company’s stock, valued at approximately $1,329,783.71. This represents a 5.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 11.38% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of APEI. Bastion Asset Management Inc. acquired a new position in American Public Education during the 4th quarter worth $9,563,000. Invesco Ltd. lifted its stake in shares of American Public Education by 379.5% in the 4th quarter. Invesco Ltd. now owns 282,325 shares of the company’s stock valued at $6,090,000 after purchasing an additional 223,447 shares during the period. LSV Asset Management lifted its stake in shares of American Public Education by 649.4% in the 4th quarter. LSV Asset Management now owns 214,551 shares of the company’s stock valued at $4,628,000 after purchasing an additional 185,920 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of American Public Education in the 3rd quarter valued at $1,691,000. Finally, Pacific Ridge Capital Partners LLC acquired a new position in shares of American Public Education in the 4th quarter valued at $2,287,000. Institutional investors and hedge funds own 79.62% of the company’s stock.

About American Public Education

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.