Prudential Financial Inc. reduced its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN – Free Report) by 6.3% in the 4th quarter, Holdings Channel reports. The firm owned 38,855 shares of the company’s stock after selling 2,617 shares during the period. Prudential Financial Inc.’s holdings in AMN Healthcare Services were worth $921,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMN. Harbor Capital Advisors Inc. raised its holdings in shares of AMN Healthcare Services by 285.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock worth $1,901,000 after buying an additional 58,830 shares in the last quarter. Equitable Trust Co. grew its position in AMN Healthcare Services by 125.4% in the fourth quarter. Equitable Trust Co. now owns 21,526 shares of the company’s stock valued at $515,000 after acquiring an additional 11,974 shares during the last quarter. Thompson Investment Management Inc. grew its position in AMN Healthcare Services by 381.8% in the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock valued at $7,095,000 after acquiring an additional 235,067 shares during the last quarter. WCM Investment Management LLC raised its stake in AMN Healthcare Services by 98.8% during the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock worth $26,367,000 after acquiring an additional 550,427 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of AMN Healthcare Services by 279.2% in the third quarter. Barclays PLC now owns 91,801 shares of the company’s stock worth $3,891,000 after acquiring an additional 67,595 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
AMN has been the subject of a number of research analyst reports. StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, March 25th. JMP Securities reiterated a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Truist Financial reduced their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Finally, BMO Capital Markets dropped their target price on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research report on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, AMN Healthcare Services currently has an average rating of “Hold” and an average target price of $41.17.
AMN Healthcare Services Stock Down 3.2 %
Shares of NYSE:AMN opened at $19.73 on Tuesday. The firm has a market cap of $753.55 million, a P/E ratio of -5.13 and a beta of -0.03. AMN Healthcare Services, Inc. has a 12-month low of $18.63 and a 12-month high of $70.07. The business has a fifty day simple moving average of $24.99 and a 200 day simple moving average of $29.10. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49.
AMN Healthcare Services (NYSE:AMN – Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The company had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. Analysts predict that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.
AMN Healthcare Services Company Profile
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.
Featured Articles
- Five stocks we like better than AMN Healthcare Services
- Why Invest in 5G? How to Invest in 5G Stocks
- Options Activity Points to More Volatility for Palantir Stock
- A Deeper Look at Bid-Ask Spreads
- NVIDIA Stock: Oversold, Undervalued — How Low Can It Go?
- Quiet Period Expirations Explained
- MicroStrategy Sees Insider Buy-Sell Action in Q1
Want to see what other hedge funds are holding AMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AMN Healthcare Services, Inc. (NYSE:AMN – Free Report).
Receive News & Ratings for AMN Healthcare Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMN Healthcare Services and related companies with MarketBeat.com's FREE daily email newsletter.