Acadian Asset Management LLC Sells 21,775 Shares of American Public Education, Inc. (NASDAQ:APEI)

Acadian Asset Management LLC decreased its stake in American Public Education, Inc. (NASDAQ:APEI) by 4.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 492,945 shares of the company’s stock after selling 21,775 shares during the period. Acadian Asset Management LLC owned 3.04% of American Public Education worth $11,658,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Thrivent Financial For Lutherans increased its stake in shares of American Public Education by 0.5% in the first quarter. Thrivent Financial For Lutherans now owns 90,358 shares of the company’s stock valued at $2,069,000 after buying an additional 490 shares in the last quarter. Comerica Bank increased its stake in shares of American Public Education by 4.4% in the first quarter. Comerica Bank now owns 17,823 shares of the company’s stock valued at $403,000 after buying an additional 752 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of American Public Education by 5.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 16,255 shares of the company’s stock valued at $372,000 after buying an additional 900 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of American Public Education by 16.2% in the first quarter. Public Employees Retirement System of Ohio now owns 6,524 shares of the company’s stock valued at $149,000 after buying an additional 910 shares in the last quarter. Finally, Great West Life Assurance Co. Can boosted its stake in American Public Education by 8.4% in the first quarter. Great West Life Assurance Co. Can now owns 21,650 shares of the company’s stock worth $495,000 after buying an additional 1,677 shares during the period. 93.57% of the stock is currently owned by institutional investors.

Shares of American Public Education, Inc. (APEI) traded up 1.12% on Friday, reaching $18.10. 85,028 shares of the company were exchanged. The stock has a 50 day moving average of $21.62 and a 200-day moving average of $22.48. American Public Education, Inc. has a 52-week low of $14.75 and a 52-week high of $27.20. The company has a market capitalization of $294.09 million, a P/E ratio of 19.01 and a beta of 1.17.

American Public Education (NASDAQ:APEI) last issued its earnings results on Tuesday, August 8th. The company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. American Public Education had a net margin of 5.18% and a return on equity of 7.87%. The company had revenue of $72.20 million for the quarter, compared to analyst estimates of $70.40 million. During the same period in the prior year, the business posted $0.41 earnings per share. The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. On average, analysts predict that American Public Education, Inc. will post $1.01 EPS for the current fiscal year.

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A number of research firms have recently commented on APEI. Zacks Investment Research cut American Public Education from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 11th. BMO Capital Markets restated a “hold” rating and set a $19.00 target price on shares of American Public Education in a research report on Friday, August 11th. Finally, BidaskClub cut American Public Education from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd.

About American Public Education

American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.

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

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