Principal Financial Group Inc. Has $5.69 Million Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Principal Financial Group Inc. boosted its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 5.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 237,890 shares of the company's stock after acquiring an additional 11,586 shares during the period. Principal Financial Group Inc. owned 0.62% of AMN Healthcare Services worth $5,690,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in AMN. Rhumbline Advisers lifted its position in AMN Healthcare Services by 3.2% during the fourth quarter. Rhumbline Advisers now owns 113,637 shares of the company's stock worth $2,718,000 after acquiring an additional 3,557 shares during the last quarter. Blue Trust Inc. lifted its holdings in 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. Equitable Trust Co. boosted its stake in AMN Healthcare Services by 125.4% in the 4th quarter. Equitable Trust Co. now owns 21,526 shares of the company's stock valued at $515,000 after purchasing an additional 11,974 shares during the period. WCM Investment Management LLC grew its holdings in 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 buying an additional 550,427 shares in the last quarter. Finally, Thompson Investment Management Inc. increased its position in AMN Healthcare Services by 381.8% during the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock worth $7,095,000 after buying an additional 235,067 shares during the period. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

AMN traded down $0.28 during trading on Thursday, hitting $25.88. 572,866 shares of the stock traded hands, compared to its average volume of 870,372. The business has a 50 day moving average price of $25.76 and a 200 day moving average price of $33.31. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a twelve month low of $22.47 and a twelve month high of $70.07. The company has a market cap of $988.33 million, a price-to-earnings ratio of -6.72 and a beta of 0.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted 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 company had revenue of $734.71 million during 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%. Equities research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on AMN shares. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Truist Financial cut their price objective on shares of AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating for the company in a report on Friday, February 21st. Jefferies Financial Group lowered their target price on shares of AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a report on Wednesday, November 13th. BMO Capital Markets cut their price target on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research note on Monday, February 24th. Finally, William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $41.17.

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.