81,502 Shares in AMN Healthcare Services, Inc. (NYSE:AMN) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 81,502 shares of the company's stock, valued at approximately $1,950,000. Raymond James Financial Inc. owned 0.21% of AMN Healthcare Services at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Jones Financial Companies Lllp increased 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 buying an additional 377 shares during the period. Quarry LP increased its position in shares of AMN Healthcare Services by 48.4% during the third quarter. Quarry LP now owns 2,006 shares of the company's stock worth $85,000 after acquiring an additional 654 shares during the period. Blue Trust Inc. increased its position in shares of AMN Healthcare Services by 46.3% during the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after acquiring an additional 754 shares during the period. Trust Point Inc. raised its stake in shares of AMN Healthcare Services by 12.0% during the fourth quarter. Trust Point Inc. now owns 10,368 shares of the company's stock valued at $248,000 after acquiring an additional 1,112 shares in the last quarter. Finally, KBC Group NV boosted its holdings in shares of AMN Healthcare Services by 110.9% in the fourth 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 period. Hedge funds and other institutional investors own 99.23% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research analysts have commented on AMN shares. Truist Financial reduced their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, February 21st. BMO Capital Markets decreased their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a report on Monday, February 24th. JMP Securities reiterated a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a report on Thursday, February 6th. Finally, StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $41.17.

AMN Healthcare Services Stock Down 6.5 %

Shares of AMN Healthcare Services stock traded down $1.42 on Friday, reaching $20.37. The stock had a trading volume of 1,109,956 shares, compared to its average volume of 889,678. AMN Healthcare Services, Inc. has a 1 year low of $20.15 and a 1 year high of $70.07. The company has a 50 day moving average price of $25.15 and a 200 day moving average price of $29.53. 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 $777.72 million, a P/E ratio of -5.29 and a beta of 0.15.

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

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.