Orion Portfolio Solutions LLC Makes New $505,000 Investment in AMN Healthcare Services, Inc. (NYSE:AMN)

Orion Portfolio Solutions LLC acquired a new position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,094 shares of the company's stock, valued at approximately $505,000. Orion Portfolio Solutions LLC owned 0.06% of AMN Healthcare Services as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in AMN. Jones Financial Companies Lllp boosted its stake in AMN Healthcare Services by 33.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after purchasing an additional 377 shares in the last quarter. Quarry LP raised its holdings in AMN Healthcare Services by 48.4% in the third quarter. Quarry LP now owns 2,006 shares of the company's stock worth $85,000 after buying an additional 654 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after buying an additional 754 shares in the last quarter. KBC Group NV grew its holdings in shares of AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after buying an additional 1,303 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of AMN Healthcare Services by 189.6% during the fourth quarter. GAMMA Investing LLC now owns 3,018 shares of the company's stock valued at $72,000 after buying an additional 1,976 shares during the last quarter. Institutional investors own 99.23% of the company's stock.

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Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. BMO Capital Markets dropped 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. JMP Securities restated 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. Truist Financial dropped their target price on AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating for the company in a report on Friday, February 21st. Finally, StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $41.17.

AMN Healthcare Services Trading Down 0.7 %

AMN Healthcare Services stock traded down $0.14 during mid-day trading on Friday, hitting $19.10. The company's stock had a trading volume of 775,120 shares, compared to its average volume of 895,170. AMN Healthcare Services, Inc. has a one year low of $18.15 and a one year high of $70.07. The stock has a market cap of $729.45 million, a PE ratio of -4.96 and a beta of -0.03. The company has a 50 day moving average of $24.09 and a 200-day moving average of $28.32. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.23. The business had revenue of $734.71 million during the quarter, compared to analysts' expectations of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. On average, research analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

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.