AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. lessened its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 50.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 368,985 shares of the company's stock after selling 382,984 shares during the period. Federated Hermes Inc. owned 0.97% of AMN Healthcare Services worth $8,826,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in AMN Healthcare Services by 33.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after buying an additional 377 shares during the period. Blue Trust Inc. increased its position in AMN Healthcare Services by 46.3% in the fourth 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 stake in shares of AMN Healthcare Services by 110.9% in the 4th quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after purchasing an additional 1,303 shares during the last quarter. GAMMA Investing LLC boosted 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 during the period. Finally, KLP Kapitalforvaltning AS bought a new position in AMN Healthcare Services in the 4th quarter valued at $167,000. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Down 3.4 %

Shares of AMN Healthcare Services stock traded down $0.68 during trading on Tuesday, reaching $19.06. The company's stock had a trading volume of 365,332 shares, compared to its average volume of 893,271. AMN Healthcare Services, Inc. has a 1-year low of $18.15 and a 1-year high of $70.07. The company has a 50-day simple moving average of $23.95 and a two-hundred day simple moving average of $28.06. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The company has a market cap of $727.88 million, a price-to-earnings ratio of -4.95 and a beta of -0.03.

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AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.23. The firm had revenue of $734.71 million for the quarter, compared to the consensus estimate of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. As a group, equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMN. JMP Securities reissued 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. StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. BMO Capital Markets cut their target price on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th. Finally, Truist Financial dropped their price objective 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. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $38.67.

About AMN Healthcare Services

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.