Hillsdale Investment Management Inc. Has $4.03 Million Stock Position in American Public Education, Inc. (NASDAQ:APEI)

Hillsdale Investment Management Inc. reduced its stake in shares of American Public Education, Inc. (NASDAQ:APEI) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,668 shares of the company’s stock after selling 12,700 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in American Public Education were worth $4,026,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. New York State Teachers Retirement System acquired a new position in shares of American Public Education during the fourth quarter valued at about $31,000. R Squared Ltd bought a new stake in shares of American Public Education in the 4th quarter worth approximately $38,000. SG Americas Securities LLC acquired a new stake in shares of American Public Education during the 4th quarter worth approximately $121,000. MetLife Investment Management LLC increased its position in shares of American Public Education by 129.1% during the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock valued at $136,000 after purchasing an additional 5,187 shares during the period. Finally, Principal Financial Group Inc. acquired a new position in shares of American Public Education in the third quarter valued at $165,000. 79.62% of the stock is owned by institutional investors.

American Public Education Stock Down 2.0 %

Shares of NASDAQ:APEI opened at $22.18 on Friday. The company has a market capitalization of $399.15 million, a PE ratio of 39.61, a P/E/G ratio of 1.05 and a beta of 1.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The company’s fifty day moving average is $21.67 and its 200-day moving average is $19.08. American Public Education, Inc. has a 52 week low of $11.80 and a 52 week high of $25.60.

Insider Buying and Selling at American Public Education

In other news, SVP Thomas Beckett sold 3,700 shares of American Public Education stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $22.07, for a total value of $81,659.00. Following the completion of the transaction, the senior vice president now owns 60,253 shares in the company, valued at approximately $1,329,783.71. The trade was a 5.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 11.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on APEI shares. 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. Truist Financial upped their target price on shares of American Public Education from $20.00 to $24.00 and gave the company a “hold” rating in a research note on Monday, March 10th. 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. Finally, William Blair upgraded American Public Education from a “market perform” rating to an “outperform” rating in a research note on Friday, March 7th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $24.33.

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.