Wellington Management Group LLP Has $32.77 Million Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Wellington Management Group LLP lifted its position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 54.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 773,015 shares of the company's stock after acquiring an additional 272,552 shares during the period. Wellington Management Group LLP owned about 2.03% of AMN Healthcare Services worth $32,768,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in AMN. FMR LLC increased its position in shares of AMN Healthcare Services by 152.4% in the third quarter. FMR LLC now owns 4,640,599 shares of the company's stock worth $196,715,000 after acquiring an additional 2,801,663 shares in the last quarter. Pacer Advisors Inc. acquired a new stake in shares of AMN Healthcare Services during the second quarter worth approximately $99,349,000. Thrivent Financial for Lutherans boosted its holdings in shares of AMN Healthcare Services by 3,753.6% during the second quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company's stock worth $64,721,000 after purchasing an additional 1,230,543 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of AMN Healthcare Services during the second quarter worth approximately $45,481,000. Finally, American Century Companies Inc. boosted its holdings in shares of AMN Healthcare Services by 95.3% during the second quarter. American Century Companies Inc. now owns 775,139 shares of the company's stock worth $39,710,000 after purchasing an additional 378,266 shares during the period. 99.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at AMN Healthcare Services

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of the business's stock in a transaction on Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the sale, the chief financial officer now owns 37,550 shares in the company, valued at approximately $1,385,595. The trade was a 6.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.93% of the company's stock.

AMN Healthcare Services Stock Performance

AMN stock traded down $0.17 on Friday, reaching $27.01. 209,368 shares of the company were exchanged, compared to its average volume of 849,343. AMN Healthcare Services, Inc. has a 12 month low of $23.37 and a 12 month high of $80.22. The stock's fifty day moving average price is $33.02 and its 200 day moving average price is $45.65. The firm has a market capitalization of $1.03 billion, a PE ratio of 19.68 and a beta of 0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The business had revenue of $687.51 million for the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. During the same quarter in the previous year, the firm posted $1.97 earnings per share. On average, research analysts anticipate that AMN Healthcare Services, Inc. will post 3.07 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the stock. BMO Capital Markets decreased their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating for the company in a report on Monday, November 11th. Bank of America cut shares of AMN Healthcare Services from a "neutral" rating to an "underperform" rating and reduced their target price for the company from $65.00 to $48.00 in a research note on Monday, October 7th. Benchmark reiterated a "hold" rating on shares of AMN Healthcare Services in a research note on Wednesday, October 2nd. JMP Securities reduced their target price on shares of AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating for the company in a research note on Tuesday, October 22nd. Finally, Truist Financial reduced their target price on shares of AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Friday, November 8th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $48.33.

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.