Wells Fargo & Company MN Has $7.21 Million Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Wells Fargo & Company MN grew its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 188.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 301,390 shares of the company’s stock after purchasing an additional 196,882 shares during the period. Wells Fargo & Company MN’s holdings in AMN Healthcare Services were worth $7,209,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Harbor Capital Advisors Inc. raised its stake in 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 during the period. Equitable Trust Co. increased its holdings in shares of AMN Healthcare Services by 125.4% in the fourth quarter. Equitable Trust Co. now owns 21,526 shares of the company’s stock worth $515,000 after acquiring an additional 11,974 shares in the last quarter. Thompson Investment Management Inc. raised its position in shares of AMN Healthcare Services by 381.8% during the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock worth $7,095,000 after purchasing an additional 235,067 shares during the period. Barclays PLC lifted its holdings in shares of AMN Healthcare Services by 279.2% during the 3rd quarter. Barclays PLC now owns 91,801 shares of the company’s stock valued at $3,891,000 after purchasing an additional 67,595 shares in the last quarter. Finally, WCM Investment Management LLC grew its position in shares of AMN Healthcare Services by 98.8% in the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock valued at $26,367,000 after purchasing an additional 550,427 shares during the period. 99.23% of the stock is owned by institutional investors.

AMN Healthcare Services Trading Up 1.5 %

AMN Healthcare Services stock opened at $18.50 on Friday. AMN Healthcare Services, Inc. has a one year low of $17.88 and a one year high of $70.07. The company has a market cap of $706.34 million, a price-to-earnings ratio of -4.80 and a beta of -0.03. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The firm has a 50-day moving average of $23.43 and a 200-day moving average of $27.61.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. The business had revenue of $734.71 million for the quarter, compared to analysts’ expectations of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. On average, equities analysts expect that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMN has been the topic of a number of research reports. Truist Financial cut their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating on the stock in a research note on Tuesday. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. Finally, BMO Capital Markets reduced their price objective 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 investment 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’s stock. According to MarketBeat, AMN Healthcare Services presently has an average rating of “Hold” and an average target price of $38.67.

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.