Equitable Trust Co. Purchases 11,974 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Equitable Trust Co. boosted its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 125.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,526 shares of the company's stock after purchasing an additional 11,974 shares during the quarter. Equitable Trust Co. owned approximately 0.06% of AMN Healthcare Services worth $515,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Truist Financial Corp raised its stake in AMN Healthcare Services by 58.7% during the second quarter. Truist Financial Corp now owns 13,376 shares of the company's stock valued at $685,000 after buying an additional 4,949 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of AMN Healthcare Services by 14.1% during the 3rd quarter. Park Avenue Securities LLC now owns 5,165 shares of the company's stock worth $219,000 after acquiring an additional 639 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in shares of AMN Healthcare Services by 39.4% in the third quarter. Handelsbanken Fonder AB now owns 10,616 shares of the company's stock valued at $450,000 after purchasing an additional 3,000 shares in the last quarter. CWM LLC raised its holdings in shares of AMN Healthcare Services by 10.6% during the third quarter. CWM LLC now owns 13,894 shares of the company's stock worth $589,000 after acquiring an additional 1,336 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its holdings in AMN Healthcare Services by 5.3% during the third quarter. Exchange Traded Concepts LLC now owns 6,708 shares of the company's stock valued at $284,000 after buying an additional 337 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

Analysts Set New Price Targets

AMN has been the topic of several research analyst reports. BMO Capital Markets lowered their price target on AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating on the stock in a research report on Monday, November 11th. Jefferies Financial Group dropped their price objective on shares of AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating for the company in a research report on Wednesday, November 13th. William Blair lowered shares of AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. Truist Financial decreased their price target on shares of AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating for the company in a report on Friday, November 8th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $44.50.

AMN Healthcare Services Stock Performance

AMN Healthcare Services stock traded up $0.03 during trading hours on Friday, hitting $23.40. The company had a trading volume of 1,285,923 shares, compared to its average volume of 583,322. The firm has a 50-day moving average of $25.66 and a 200 day moving average of $36.34. AMN Healthcare Services, Inc. has a one year low of $22.47 and a one year high of $79.49. The firm has a market cap of $890.69 million, a PE ratio of 16.95 and a beta of 0.07. 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 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.