Invesco Ltd. Acquires 186,630 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Invesco Ltd. lifted its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 92.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 388,564 shares of the company's stock after buying an additional 186,630 shares during the quarter. Invesco Ltd. owned about 1.02% of AMN Healthcare Services worth $9,294,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of AMN. Jones Financial Companies Lllp increased its holdings in shares of AMN Healthcare Services by 33.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after purchasing an additional 377 shares during the period. Blue Trust Inc. boosted its holdings in shares of AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after purchasing an additional 754 shares in the last quarter. KBC Group NV increased 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 raised its holdings 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 buying an additional 1,976 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of AMN Healthcare Services during the 4th quarter worth $167,000. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Up 3.1 %

NYSE AMN traded up $0.57 on Friday, reaching $19.16. The company had a trading volume of 853,074 shares, compared to its average volume of 914,709. 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 stock has a market capitalization of $731.70 million, a P/E ratio of -4.98 and a beta of -0.03. The company's fifty day moving average is $22.92 and its 200 day moving average is $26.82. AMN Healthcare Services, Inc. has a 52-week low of $17.45 and a 52-week high of $70.07.

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 company 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%. Sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. BMO Capital Markets reduced 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. StockNews.com upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. JMP Securities reaffirmed a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Finally, Truist Financial reduced their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, AMN Healthcare Services has an average rating of "Hold" and a consensus 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.