Federated Hermes Inc. Has $847,000 Stake in American Public Education, Inc. (NASDAQ:APEI)

Federated Hermes Inc. reduced its stake in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 34.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,286 shares of the company's stock after selling 21,068 shares during the quarter. Federated Hermes Inc. owned approximately 0.22% of American Public Education worth $847,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APEI. New York State Teachers Retirement System purchased a new position in shares of American Public Education during the 4th quarter valued at $31,000. R Squared Ltd acquired a new position in American Public Education in the 4th quarter worth about $38,000. SG Americas Securities LLC purchased a new stake in shares of American Public Education during the 4th quarter worth about $121,000. Principal Financial Group Inc. bought a new stake in shares of American Public Education in the 3rd quarter valued at approximately $165,000. Finally, FMR LLC increased its holdings in American Public Education by 350.3% in the third quarter. FMR LLC now owns 11,658 shares of the company's stock worth $172,000 after buying an additional 9,069 shares during the last quarter. 79.62% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at American Public Education

In related 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 transaction of $81,659.00. Following the completion of the sale, the senior vice president now owns 60,253 shares in the company, valued at $1,329,783.71. This represents a 5.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 11.38% of the company's stock.

American Public Education Stock Performance

NASDAQ:APEI traded down $1.80 during midday trading on Monday, reaching $22.35. The stock had a trading volume of 101,262 shares, compared to its average volume of 170,761. The stock has a market capitalization of $403.10 million, a P/E ratio of 39.91, a PEG ratio of 1.05 and a beta of 1.47. American Public Education, Inc. has a 1-year low of $11.80 and a 1-year high of $25.60. 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 firm's fifty day simple moving average is $22.34 and its 200-day simple moving average is $20.41.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on APEI. William Blair upgraded shares of American Public Education from a "market perform" rating to an "outperform" rating in a research note on Friday, March 7th. Barrington Research reaffirmed an "outperform" rating and issued a $24.00 price objective on shares of American Public Education in a research note on Friday, March 7th. StockNews.com raised shares of American Public Education from a "buy" rating to a "strong-buy" rating in a research report on Friday, March 7th. B. Riley started coverage on American Public Education in a research report on Friday, March 28th. They issued a "buy" rating and a $28.00 price target for the company. Finally, Truist Financial increased their price objective on American Public Education from $20.00 to $24.00 and gave the company a "hold" rating in a report on Monday, March 10th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $25.33.

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.