American Public Education, Inc. (APEI) Stake Decreased by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its holdings in American Public Education, Inc. (NASDAQ:APEI) by 7.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 190,909 shares of the company’s stock after selling 14,531 shares during the quarter. Bank of New York Mellon Corp’s holdings in American Public Education were worth $4,781,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. BNP Paribas Arbitrage SA grew its position in shares of American Public Education by 41.7% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 9,356 shares of the company’s stock worth $197,000 after buying an additional 2,755 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of American Public Education in the 3rd quarter worth approximately $214,000. Unison Advisors LLC bought a new stake in shares of American Public Education in the 4th quarter worth approximately $317,000. Bailard Inc. bought a new stake in shares of American Public Education in the 4th quarter worth approximately $376,000. Finally, Wells Fargo & Company MN grew its position in shares of American Public Education by 53.3% in the 3rd quarter. Wells Fargo & Company MN now owns 18,373 shares of the company’s stock worth $387,000 after buying an additional 6,388 shares during the last quarter. Hedge funds and other institutional investors own 90.59% of the company’s stock.

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A number of brokerages have recently weighed in on APEI. BMO Capital Markets lifted their price objective on American Public Education from $27.00 to $42.00 and gave the stock a “market perform” rating in a research report on Tuesday, March 20th. BidaskClub upgraded American Public Education from a “sell” rating to a “hold” rating in a research report on Wednesday, March 21st. ValuEngine upgraded American Public Education from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 2nd. TheStreet upgraded American Public Education from a “c” rating to a “b-” rating in a research report on Tuesday, March 6th. Finally, Zacks Investment Research upgraded American Public Education from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in a research report on Monday, March 5th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $34.67.

In other American Public Education news, SVP Amy Panzarella sold 2,000 shares of American Public Education stock in a transaction on Monday, March 5th. The stock was sold at an average price of $35.00, for a total transaction of $70,000.00. Following the completion of the transaction, the senior vice president now owns 7,007 shares in the company, valued at $245,245. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Wallace E. Jr. Boston sold 10,000 shares of American Public Education stock in a transaction on Thursday, March 29th. The shares were sold at an average price of $40.80, for a total value of $408,000.00. Following the transaction, the insider now owns 395,001 shares of the company’s stock, valued at approximately $16,116,040.80. The disclosure for this sale can be found here. Insiders have sold 19,800 shares of company stock worth $780,745 over the last 90 days. 3.59% of the stock is currently owned by corporate insiders.

NASDAQ APEI opened at $42.30 on Monday. American Public Education, Inc. has a twelve month low of $17.40 and a twelve month high of $45.75. The company has a market cap of $693.34, a P/E ratio of 32.79, a PEG ratio of 1.85 and a beta of 0.67.

American Public Education (NASDAQ:APEI) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.18. American Public Education had a return on equity of 7.59% and a net margin of 7.06%. The company had revenue of $78.09 million for the quarter, compared to analyst estimates of $76.25 million. research analysts predict that American Public Education, Inc. will post 1.53 EPS for the current fiscal year.

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American Public Education Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

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Institutional Ownership by Quarter for American Public Education (NASDAQ:APEI)

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