Hillsdale Investment Management Inc. Sells 12,700 Shares of American Public Education, Inc. (NASDAQ:APEI)

Hillsdale Investment Management Inc. decreased its position in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 186,668 shares of the company's stock after selling 12,700 shares during the quarter. Hillsdale Investment Management Inc. owned 1.05% of American Public Education worth $4,026,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in APEI. New York State Teachers Retirement System acquired a new position in American Public Education in the fourth quarter valued at $31,000. R Squared Ltd acquired a new position in American Public Education during the 4th quarter valued at about $38,000. SG Americas Securities LLC purchased a new position in shares of American Public Education during the fourth quarter valued at approximately $121,000. MetLife Investment Management LLC grew its stake in shares of American Public Education by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company's stock worth $136,000 after acquiring an additional 5,187 shares in the last quarter. Finally, Principal Financial Group Inc. bought a new stake in American Public Education in the 3rd quarter worth about $165,000. 79.62% of the stock is owned by institutional investors.

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 shares were sold at an average price of $22.07, for a total transaction of $81,659.00. Following the completion of the transaction, the senior vice president now owns 60,253 shares in the company, valued at $1,329,783.71. This trade represents a 5.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 11.38% of the company's stock.

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American Public Education Stock Performance

NASDAQ APEI traded up $0.20 on Thursday, hitting $23.13. 81,462 shares of the company traded hands, compared to its average volume of 164,807. The business's 50 day moving average price is $21.83 and its 200-day moving average price is $19.24. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $416.25 million, a price-to-earnings ratio of 41.30, a P/E/G ratio of 1.05 and a beta of 1.30. American Public Education, Inc. has a 52-week low of $11.80 and a 52-week high of $25.60.

Wall Street Analysts Forecast Growth

APEI has been the subject of several research analyst reports. William Blair raised American Public Education from a "market perform" rating to an "outperform" rating in a research report on Friday, March 7th. StockNews.com raised American Public Education from a "buy" rating to a "strong-buy" rating in a report on Friday, March 7th. Barrington Research reaffirmed an "outperform" rating and set a $24.00 price objective on shares of American Public Education in a research note on Friday, March 7th. Finally, Truist Financial upped their target price on American Public Education from $20.00 to $24.00 and gave the stock a "hold" rating in a research note on Monday, March 10th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, American Public Education presently has an average rating of "Buy" and a consensus target price of $24.33.

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.