Vanguard Group Inc. Raises Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Vanguard Group Inc. boosted its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,434,866 shares of the company's stock after purchasing an additional 108,284 shares during the period. Vanguard Group Inc. owned approximately 11.65% of AMN Healthcare Services worth $106,082,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. State Street Corp lifted its stake in shares of AMN Healthcare Services by 1.1% in the 3rd quarter. State Street Corp now owns 1,520,429 shares of the company's stock valued at $64,451,000 after acquiring an additional 16,075 shares during the last quarter. Wellington Management Group LLP increased its stake in AMN Healthcare Services by 54.5% in the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock worth $32,768,000 after purchasing an additional 272,552 shares during the period. MML Investors Services LLC lifted its position in AMN Healthcare Services by 7.8% in the third quarter. MML Investors Services LLC now owns 24,694 shares of the company's stock valued at $1,047,000 after purchasing an additional 1,790 shares during the last quarter. Barclays PLC boosted its stake in shares of AMN Healthcare Services by 279.2% during the third 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 during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of AMN Healthcare Services by 3.5% during the third quarter. Principal Financial Group Inc. now owns 226,304 shares of the company's stock valued at $9,593,000 after purchasing an additional 7,628 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of equities research analysts recently commented on AMN shares. JMP Securities reiterated a "market outperform" rating and set a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Truist Financial reduced their price target 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. Finally, BMO Capital Markets cut their price objective on 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. One 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 an average rating of "Hold" and an average target price of $41.17.

AMN Healthcare Services Stock Down 0.7 %

Shares of NYSE:AMN traded down $0.14 during trading on Friday, hitting $19.10. The stock had a trading volume of 775,120 shares, compared to its average volume of 895,678. The company has a market capitalization of $729.45 million, a PE ratio of -4.96 and a beta of -0.03. 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 firm's fifty day moving average is $24.09 and its 200 day moving average is $28.22. AMN Healthcare Services, Inc. has a 12 month low of $18.15 and a 12 month high of $70.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.52 by $0.23. The business had revenue of $734.71 million during 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%. Analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS 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.