Segall Bryant & Hamill LLC Increases Stock Position in American Public Education, Inc. (NASDAQ:APEI)

Segall Bryant & Hamill LLC boosted its position in shares of American Public Education, Inc. (NASDAQ:APEI) by 51.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 173,447 shares of the company’s stock after buying an additional 58,791 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.98% of American Public Education worth $3,741,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Principal Financial Group Inc. increased its stake in shares of American Public Education by 10.0% in the 4th quarter. Principal Financial Group Inc. now owns 12,321 shares of the company’s stock valued at $266,000 after purchasing an additional 1,120 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in American Public Education in the fourth quarter valued at approximately $31,000. Orion Portfolio Solutions LLC increased its position in shares of American Public Education by 3.0% in the third quarter. Orion Portfolio Solutions LLC now owns 51,314 shares of the company’s stock valued at $757,000 after buying an additional 1,517 shares in the last quarter. R Squared Ltd acquired a new position in shares of American Public Education during the 4th quarter worth approximately $38,000. Finally, Geode Capital Management LLC lifted its position 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 buying an additional 2,573 shares in the last quarter. Institutional investors and hedge funds own 79.62% of the company’s stock.

Wall Street Analyst Weigh In

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

American Public Education Stock Performance

NASDAQ:APEI opened at $23.13 on Friday. American Public Education, Inc. has a twelve month low of $11.80 and a twelve month high of $25.60. The company has a market cap of $416.25 million, a P/E ratio of 41.30, a P/E/G ratio of 1.05 and a beta of 1.30. 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’s 50-day moving average price is $21.86 and its 200-day moving average price is $19.26.

Insiders Place Their Bets

In other news, SVP Thomas Beckett sold 3,700 shares of the company’s 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 in the company, valued at $1,329,783.71. This 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 at this link. Corporate insiders own 11.38% of the company’s stock.

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.