American Public Education, Inc. (NASDAQ:APEI) Sees Significant Drop in Short Interest

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American Public Education, Inc. (NASDAQ:APEI) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 294,100 shares, a drop of 10.1% from the July 15th total of 327,300 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 84,400 shares, the days-to-cover ratio is presently 3.5 days.

APEI traded up $0.17 during trading on Thursday, reaching $24.37. 98,893 shares of the company’s stock were exchanged, compared to its average volume of 85,026. American Public Education has a 1 year low of $23.94 and a 1 year high of $37.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.69 and a quick ratio of 5.69. The stock has a market capitalization of $402.80 million, a P/E ratio of 15.04, a price-to-earnings-growth ratio of 2.02 and a beta of 0.84. The company’s fifty day simple moving average is $29.38 and its 200-day simple moving average is $30.57.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.30. American Public Education had a net margin of 6.98% and a return on equity of 7.79%. The company had revenue of $70.56 million during the quarter, compared to analyst estimates of $70.16 million. During the same period last year, the firm posted $0.39 EPS. American Public Education’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities analysts forecast that American Public Education will post 0.83 EPS for the current year.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of American Public Education by 2.2% during the 2nd quarter. BlackRock Inc. now owns 2,429,319 shares of the company’s stock valued at $71,861,000 after purchasing an additional 51,222 shares in the last quarter. Systematic Financial Management LP increased its holdings in shares of American Public Education by 10.7% during the 2nd quarter. Systematic Financial Management LP now owns 358,102 shares of the company’s stock valued at $10,593,000 after purchasing an additional 34,642 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of American Public Education by 275.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 294,144 shares of the company’s stock valued at $8,695,000 after purchasing an additional 215,891 shares in the last quarter. Man Group plc increased its holdings in shares of American Public Education by 1.0% during the 2nd quarter. Man Group plc now owns 249,231 shares of the company’s stock valued at $7,372,000 after purchasing an additional 2,348 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. increased its holdings in shares of American Public Education by 36.8% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 243,604 shares of the company’s stock valued at $7,206,000 after purchasing an additional 65,568 shares in the last quarter. 97.55% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on APEI shares. BidaskClub raised shares of American Public Education from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. TheStreet lowered shares of American Public Education from a “b-” rating to a “c” rating in a research report on Thursday, May 16th. Barrington Research lowered shares of American Public Education from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 8th. Zacks Investment Research lowered shares of American Public Education from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 15th. Finally, ValuEngine lowered shares of American Public Education from a “buy” rating to a “hold” rating in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $36.50.

American Public Education Company Profile

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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