AMN Healthcare Services, Inc. (NYSE:AMN) Stock Holdings Reduced by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 11.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 252,868 shares of the company’s stock after selling 32,786 shares during the quarter. Bank of New York Mellon Corp’s holdings in AMN Healthcare Services were worth $6,049,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new stake in shares of AMN Healthcare Services in the third quarter worth about $30,000. Blue Trust Inc. lifted its position in shares of AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock worth $57,000 after purchasing an additional 754 shares during the last quarter. KBC Group NV lifted its position in shares of AMN Healthcare Services by 110.9% during 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 lifted its position 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 during the last quarter. Finally, Quarry LP lifted its position 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 purchasing an additional 654 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. JMP Securities reissued a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, February 6th. BMO Capital Markets lowered their price target on 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. Truist Financial lowered their price target on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. Finally, StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $41.17.

AMN Healthcare Services Trading Up 4.4 %

AMN stock opened at $26.69 on Monday. AMN Healthcare Services, Inc. has a 1-year low of $22.47 and a 1-year high of $70.07. The firm has a market cap of $1.02 billion, a P/E ratio of -6.93 and a beta of 0.15. The business’s 50 day moving average is $25.99 and its 200-day moving average is $31.90. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49.

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