Segall Bryant & Hamill LLC Buys 58,791 Shares of American Public Education, Inc. (NASDAQ:APEI)

Segall Bryant & Hamill LLC boosted its stake in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 51.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 173,447 shares of the company's stock after acquiring an additional 58,791 shares during the period. Segall Bryant & Hamill LLC owned 0.98% of American Public Education worth $3,741,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in APEI. American Century Companies Inc. boosted its position in shares of American Public Education by 8.0% during the 4th quarter. American Century Companies Inc. now owns 507,716 shares of the company's stock worth $10,951,000 after acquiring an additional 37,492 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of American Public Education by 7.7% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 87,159 shares of the company's stock valued at $1,880,000 after purchasing an additional 6,253 shares during the last quarter. Bailard Inc. bought a new stake in shares of American Public Education during the 4th quarter worth $373,000. Bank of New York Mellon Corp boosted its stake in American Public Education by 29.9% in the fourth quarter. Bank of New York Mellon Corp now owns 57,921 shares of the company's stock valued at $1,249,000 after buying an additional 13,344 shares in the last quarter. Finally, Alberta Investment Management Corp bought a new position in American Public Education in the fourth quarter valued at about $858,000. 79.62% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on APEI. StockNews.com raised shares of American Public Education from a "buy" rating to a "strong-buy" rating in a report on Friday, March 7th. B. Riley started coverage on shares of American Public Education in a report on Friday. They set a "buy" rating and a $28.00 price target on the stock. William Blair upgraded American Public Education from a "market perform" rating to an "outperform" rating in a report on Friday, March 7th. Truist Financial lifted their target price on American Public Education from $20.00 to $24.00 and gave the stock a "hold" rating in a report on Monday, March 10th. Finally, Barrington Research reissued an "outperform" rating and issued 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, two have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $25.33.

American Public Education Trading Up 1.4 %

Shares of American Public Education stock traded up $0.32 on Tuesday, hitting $22.64. 94,543 shares of the company's stock traded hands, compared to its average volume of 170,038. The company has a fifty day moving average of $21.90 and a two-hundred day moving average of $19.49. American Public Education, Inc. has a one year low of $11.80 and a one year high of $25.60. The company has a market capitalization of $407.43 million, a price-to-earnings ratio of 40.43, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65.

Insider Buying and Selling

In other news, SVP Thomas Beckett sold 3,700 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $22.07, for a total value of $81,659.00. Following the completion of the sale, the senior vice president now directly owns 60,253 shares in the company, valued at $1,329,783.71. This trade represents a 5.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 11.38% of the stock is owned by insiders.

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.