First National Advisers LLC decreased its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 67.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,048 shares of the company's stock after selling 27,460 shares during the period. First National Advisers LLC's holdings in AMN Healthcare Services were worth $312,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. Anthracite Investment Company Inc. acquired a new position in AMN Healthcare Services during the third quarter worth $1,696,000. Harbor Capital Advisors Inc. grew its stake in AMN Healthcare Services by 285.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company's stock valued at $1,901,000 after acquiring an additional 58,830 shares during the last quarter. Equitable Trust Co. increased its holdings in AMN Healthcare Services by 125.4% during the 4th quarter. Equitable Trust Co. now owns 21,526 shares of the company's stock valued at $515,000 after acquiring an additional 11,974 shares in the last quarter. Thompson Investment Management Inc. raised its position in AMN Healthcare Services by 381.8% during the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock worth $7,095,000 after acquiring an additional 235,067 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of AMN Healthcare Services in the third quarter valued at about $1,892,000. 99.23% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts recently issued reports on AMN shares. StockNews.com downgraded AMN Healthcare Services from a "hold" rating to a "sell" rating in a research report on Monday. Truist Financial decreased their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating on the stock in a research note on Friday, February 21st. JMP Securities reiterated a "market outperform" rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Finally, BMO Capital Markets reduced 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 report on Monday, February 24th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $41.17.
Read Our Latest Stock Analysis on AMN Healthcare Services
AMN Healthcare Services Trading Down 1.2 %
NYSE:AMN traded down $0.30 during mid-day trading on Thursday, reaching $24.28. The company's stock had a trading volume of 489,093 shares, compared to its average volume of 963,650. AMN Healthcare Services, Inc. has a twelve month low of $22.47 and a twelve month high of $70.07. The company's fifty day simple moving average is $25.91 and its two-hundred day simple moving average is $31.45. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The stock has a market cap of $927.15 million, a P/E ratio of -6.31 and a beta of 0.15.
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, topping the consensus estimate of $0.52 by $0.23. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The business had revenue of $734.71 million for the quarter, compared to analysts' expectations of $694.38 million. On average, equities analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.
About AMN Healthcare Services
(
Free Report)
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.
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