American Public Education, Inc. (NASDAQ:APEI) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its stake in American Public Education, Inc. (NASDAQ:APEI - Free Report) by 29.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,921 shares of the company's stock after purchasing an additional 13,344 shares during the period. Bank of New York Mellon Corp owned 0.33% of American Public Education worth $1,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in APEI. Geode Capital Management LLC lifted its holdings in shares of American Public Education by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 404,168 shares of the company's stock valued at $5,963,000 after purchasing an additional 2,573 shares during the last quarter. State Street Corp increased its position in American Public Education by 27.2% during the 3rd quarter. State Street Corp now owns 275,889 shares of the company's stock valued at $4,069,000 after buying an additional 58,984 shares in the last quarter. Principal Financial Group Inc. raised its stake in American Public Education by 10.0% in the fourth quarter. Principal Financial Group Inc. now owns 12,321 shares of the company's stock valued at $266,000 after buying an additional 1,120 shares during the last quarter. SG Americas Securities LLC acquired a new stake in American Public Education in the fourth quarter worth about $121,000. Finally, Alberta Investment Management Corp acquired a new position in shares of American Public Education during the fourth quarter valued at about $858,000. 79.62% of the stock is currently owned by institutional investors.

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American Public Education Stock Performance

Shares of NASDAQ:APEI traded down $0.11 during midday trading on Tuesday, reaching $22.92. The company's stock had a trading volume of 35,891 shares, compared to its average volume of 166,314. The firm has a market capitalization of $412.41 million, a PE ratio of 40.71, a P/E/G ratio of 1.05 and a beta of 1.30. The stock has a fifty day moving average of $21.73 and a 200 day moving average of $19.15. American Public Education, Inc. has a twelve month low of $11.80 and a twelve month high of $25.60. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. StockNews.com upgraded shares of American Public Education from a "buy" rating to a "strong-buy" rating 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 stock a "hold" rating in a research note on Monday, March 10th. William Blair raised American Public Education from a "market perform" rating to an "outperform" rating in a research report on Friday, March 7th. Finally, Barrington Research reiterated an "outperform" rating and set a $24.00 price target on shares of American Public Education in a research note on Friday, March 7th. One research 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. Based on data from MarketBeat, American Public Education presently has a consensus rating of "Buy" and an average target price of $24.33.

Insider Activity

In related news, SVP Thomas Beckett sold 3,700 shares of American Public Education 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 transaction, the senior vice president now directly owns 60,253 shares in the company, valued at approximately $1,329,783.71. This trade represents a 5.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.38% of the company's stock.

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.