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

Bank of New York Mellon Corp grew its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 29.9% in the fourth quarter, according to the company in its most recent filing with the 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’s holdings in American Public Education were worth $1,249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in APEI. Geode Capital Management LLC raised its stake in shares of American Public Education by 0.6% during the third quarter. Geode Capital Management LLC now owns 404,168 shares of the company’s stock valued at $5,963,000 after acquiring an additional 2,573 shares during the last quarter. State Street Corp raised 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 worth $4,069,000 after purchasing an additional 58,984 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in American Public Education by 10.0% during the 4th quarter. Principal Financial Group Inc. now owns 12,321 shares of the company’s stock worth $266,000 after buying an additional 1,120 shares during the period. SG Americas Securities LLC acquired a new stake in shares of American Public Education in the fourth quarter valued at about $121,000. Finally, Alberta Investment Management Corp bought a new position in shares of American Public Education during the fourth quarter worth about $858,000. 79.62% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Public Education

In other 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 value of $81,659.00. Following the completion of the sale, the senior vice president now directly owns 60,253 shares of the company’s stock, valued at $1,329,783.71. This represents a 5.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 11.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on APEI. Barrington Research reaffirmed an “outperform” rating and set a $24.00 price target on shares of American Public Education in a research report on Friday, March 7th. Truist Financial upped their target price on American Public Education from $20.00 to $24.00 and gave the company a “hold” rating in a research report on Monday, March 10th. William Blair upgraded American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. Finally, StockNews.com raised American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, American Public Education presently has a consensus rating of “Buy” and an average target price of $24.33.

American Public Education Stock Down 2.0 %

Shares of NASDAQ APEI opened at $22.18 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65. The company has a 50-day moving average price of $21.67 and a 200-day moving average price of $19.10. The stock has a market capitalization of $399.15 million, a P/E ratio of 39.61, a P/E/G ratio of 1.05 and a beta of 1.30. American Public Education, Inc. has a 1 year low of $11.80 and a 1 year high of $25.60.

American Public Education 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.