Bank of New York Mellon Corp Has $1.25 Million Stake in American Public Education, Inc. (NASDAQ:APEI)

Bank of New York Mellon Corp increased its position in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 29.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,921 shares of the company's stock after acquiring an additional 13,344 shares during the quarter. Bank of New York Mellon Corp owned 0.33% of American Public Education worth $1,249,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. New York State Teachers Retirement System acquired a new stake in shares of American Public Education during the fourth quarter worth approximately $31,000. R Squared Ltd acquired a new stake in shares of American Public Education during the 4th quarter valued at $38,000. SG Americas Securities LLC purchased a new position in shares of American Public Education during the 4th quarter valued at $121,000. MetLife Investment Management LLC increased its stake in shares of American Public Education by 129.1% in the third 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 during the last quarter. Finally, Principal Financial Group Inc. acquired a new position in shares of American Public Education in the third quarter worth $165,000. Hedge funds and other institutional investors own 79.62% of the company's stock.

Insider Activity at American Public Education

In related news, SVP Thomas Beckett sold 3,700 shares of the stock in a transaction that occurred 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 completion of the sale, the senior vice president now owns 60,253 shares in the company, valued at $1,329,783.71. This represents a 5.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.38% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on APEI. William Blair raised American Public Education from a "market perform" rating to an "outperform" rating in a research note on Friday, March 7th. Barrington Research restated an "outperform" rating and set a $24.00 price target on shares of American Public Education in a research note on Friday, March 7th. Truist Financial lifted their price objective on shares of American Public Education from $20.00 to $24.00 and gave the company a "hold" rating in a research note on Monday, March 10th. Finally, StockNews.com raised shares of American Public Education from a "buy" rating to a "strong-buy" rating in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, American Public Education has a consensus rating of "Buy" and a consensus target price of $24.33.

American Public Education Stock Performance

APEI stock traded up $0.20 during midday trading on Thursday, hitting $23.13. 81,462 shares of the company traded hands, compared to its average volume of 164,807. The business has a 50 day simple moving average of $21.83 and a 200-day simple moving average of $19.24. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. American Public Education, Inc. has a twelve month low of $11.80 and a twelve month high of $25.60. The stock has a market capitalization of $416.25 million, a price-to-earnings ratio of 41.30, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30.

American Public Education Company Profile

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.