Janney Montgomery Scott LLC Has $269,000 Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Janney Montgomery Scott LLC decreased its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 39.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,265 shares of the company’s stock after selling 7,206 shares during the quarter. Janney Montgomery Scott LLC’s holdings in AMN Healthcare Services were worth $269,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of AMN. Exchange Traded Concepts LLC boosted its stake in shares of AMN Healthcare Services by 5.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 6,708 shares of the company’s stock worth $284,000 after acquiring an additional 337 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of AMN Healthcare Services by 14.1% in the third quarter. Park Avenue Securities LLC now owns 5,165 shares of the company’s stock worth $219,000 after buying an additional 639 shares during the last quarter. Quarry LP boosted its holdings in shares of AMN Healthcare Services by 48.4% during the 3rd quarter. Quarry LP now owns 2,006 shares of the company’s stock worth $85,000 after buying an additional 654 shares during the period. Truvestments Capital LLC acquired a new position in AMN Healthcare Services in the 3rd quarter valued at $30,000. Finally, Entropy Technologies LP raised its holdings in AMN Healthcare Services by 6.9% in the 3rd quarter. Entropy Technologies LP now owns 13,937 shares of the company’s stock worth $591,000 after acquiring an additional 897 shares during the period. 99.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AMN. Truist Financial decreased their price target on shares of AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating for the company in a report on Friday, November 8th. BMO Capital Markets lowered their target price on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a report on Monday, November 11th. Jefferies Financial Group cut their price target on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a report on Wednesday, November 13th. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $34.00 target price on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $44.50.

AMN Healthcare Services Price Performance

Shares of AMN Healthcare Services stock opened at $24.44 on Wednesday. AMN Healthcare Services, Inc. has a twelve month low of $22.47 and a twelve month high of $79.74. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a market cap of $930.39 million, a P/E ratio of 17.71 and a beta of 0.07. The firm’s 50-day simple moving average is $25.92 and its 200-day simple moving average is $37.31.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.