Natixis Advisors LLC increased its stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 21.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 228,234 shares of the company's stock after purchasing an additional 40,174 shares during the quarter. Natixis Advisors LLC owned 0.60% of AMN Healthcare Services worth $9,674,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Versor Investments LP purchased a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $818,000. Vaughan Nelson Investment Management L.P. acquired a new position in AMN Healthcare Services during the second quarter worth $45,481,000. New South Capital Management Inc. grew its holdings in AMN Healthcare Services by 24.6% in the second quarter. New South Capital Management Inc. now owns 563,147 shares of the company's stock valued at $28,850,000 after purchasing an additional 111,302 shares during the last quarter. Quadrature Capital Ltd increased its position in shares of AMN Healthcare Services by 366.6% in the first quarter. Quadrature Capital Ltd now owns 23,246 shares of the company's stock valued at $1,455,000 after buying an additional 18,264 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of AMN Healthcare Services during the 1st quarter worth $878,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.
AMN Healthcare Services Trading Up 0.5 %
Shares of NYSE:AMN traded up $0.14 during midday trading on Friday, reaching $25.84. The company's stock had a trading volume of 603,030 shares, compared to its average volume of 851,324. The firm has a market cap of $983.73 million, a price-to-earnings ratio of 18.58 and a beta of 0.13. The business has a 50 day moving average price of $38.00 and a 200 day moving average price of $48.97. AMN Healthcare Services, Inc. has a 1 year low of $23.37 and a 1 year high of $80.22. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The company had revenue of $687.51 million during the quarter, compared to analysts' expectations of $670.08 million. During the same quarter in the previous year, the business earned $1.97 EPS. Research analysts forecast that AMN Healthcare Services, Inc. will post 3.09 EPS for the current year.
Insiders Place Their Bets
In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the company's stock in a transaction dated Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the sale, the chief financial officer now directly owns 37,550 shares in the company, valued at $1,385,595. This represents a 6.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.93% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Several research firms have weighed in on AMN. UBS Group dropped their target price on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a report on Friday, August 9th. Benchmark restated a "hold" rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Truist Financial lowered their target price on AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating on the stock in a report on Friday, November 8th. Bank of America cut AMN Healthcare Services from a "neutral" rating to an "underperform" rating and cut their price target for the stock from $65.00 to $48.00 in a report on Monday, October 7th. Finally, Jefferies Financial Group decreased their price objective on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, AMN Healthcare Services currently has a consensus rating of "Hold" and an average target price of $48.33.
View Our Latest Research Report on AMN
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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