AMN Healthcare Services, Inc. (NYSE:AMN) Stock Position Lifted by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 2.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,434,866 shares of the company’s stock after purchasing an additional 108,284 shares during the quarter. Vanguard Group Inc. owned approximately 0.12% of AMN Healthcare Services worth $106,082,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its holdings in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock valued at $36,000 after acquiring an additional 377 shares in the last quarter. Blue Trust Inc. grew its stake in AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock valued at $57,000 after purchasing an additional 754 shares in the last quarter. KBC Group NV increased its position in AMN Healthcare Services by 110.9% in the 4th quarter. KBC Group NV now owns 2,478 shares of the company’s stock worth $59,000 after purchasing an additional 1,303 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of AMN Healthcare Services by 189.6% during the 4th quarter. GAMMA Investing LLC now owns 3,018 shares of the company’s stock worth $72,000 after purchasing an additional 1,976 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of AMN Healthcare Services during the 4th quarter valued at about $167,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMN. Truist Financial dropped their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, February 21st. BMO Capital Markets dropped their price target on shares of AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Finally, StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $41.17.

AMN Healthcare Services Trading Down 2.0 %

NYSE:AMN opened at $19.35 on Wednesday. The company’s 50 day moving average is $24.67 and its 200-day moving average is $28.85. 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, Inc. has a 12 month low of $18.63 and a 12 month high of $70.07. The firm has a market cap of $738.77 million, a price-to-earnings ratio of -5.02 and a beta of -0.03.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.52 by $0.23. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The firm had revenue of $734.71 million for the quarter, compared to the consensus estimate of $694.38 million. Equities analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

AMN Healthcare Services 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.