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

American Public Education (NASDAQ:APEI) had its target price hoisted by Truist Financial from $20.00 to $24.00 in a report published on Monday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

Several other research firms have also recently weighed in on APEI. StockNews.com raised American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. William Blair upgraded American Public Education from a “market perform” rating to an “outperform” rating in a research note on Friday, March 7th. Finally, Barrington Research restated an “outperform” rating and issued a $24.00 price objective on shares of American Public Education in a research note on Friday, March 7th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $24.33.

American Public Education Price Performance

NASDAQ APEI opened at $21.83 on Monday. The business’s fifty day moving average price is $21.43 and its 200-day moving average price is $18.79. The stock has a market capitalization of $386.65 million, a price-to-earnings ratio of 38.98, 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 1-year low of $11.80 and a 1-year high of $25.60.

Insider Transactions at American Public Education

In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $22.07, for a total value of $81,659.00. Following the completion of the sale, the senior vice president now owns 60,253 shares in the company, valued at approximately $1,329,783.71. This represents a 5.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 11.38% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On American Public Education

Institutional investors have recently bought and sold shares of the business. New York State Teachers Retirement System purchased a new stake in American Public Education in the 4th quarter worth $31,000. R Squared Ltd purchased a new stake in American Public Education in the 4th quarter worth $38,000. SG Americas Securities LLC purchased a new stake in American Public Education in the 4th quarter worth $121,000. Public Employees Retirement System of Ohio purchased a new stake in American Public Education in the 4th quarter worth $124,000. Finally, MetLife Investment Management LLC grew its position in shares of American Public Education by 129.1% during the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock valued at $136,000 after purchasing an additional 5,187 shares in the last quarter. Hedge funds and other institutional investors 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.