Reinhart Partners LLC. Takes Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Reinhart Partners LLC. bought a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 515,941 shares of the company's stock, valued at approximately $12,341,000. Reinhart Partners LLC. owned 1.36% of AMN Healthcare Services at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in shares of AMN Healthcare Services during the 3rd quarter valued at $30,000. Farther Finance Advisors LLC boosted its position in shares of AMN Healthcare Services by 455.0% in the third quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company's stock valued at $63,000 after acquiring an additional 1,224 shares during the period. GAMMA Investing LLC grew its stake in 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 acquiring an additional 1,976 shares in the last quarter. Quarry LP lifted its stake in AMN Healthcare Services by 48.4% in the 3rd quarter. Quarry LP now owns 2,006 shares of the company's stock worth $85,000 after purchasing an additional 654 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in AMN Healthcare Services in the 3rd quarter worth approximately $151,000. 99.23% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction dated Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the completion of the transaction, the chief financial officer now directly owns 37,550 shares of the company's stock, valued at $1,385,595. This represents a 6.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.93% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AMN shares. JMP Securities decreased their price target on shares of AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating on the stock in a report on Tuesday, October 22nd. Jefferies Financial Group decreased their target price 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. Benchmark reiterated a "hold" rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. Finally, Truist Financial lowered their target price on shares of AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating on the stock in a research note on Friday, November 8th. 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 stock. According to MarketBeat, AMN Healthcare Services has an average rating of "Hold" and an average target price of $48.33.

AMN Healthcare Services Trading Up 2.7 %

Shares of AMN traded up $0.73 during mid-day trading on Monday, reaching $27.60. The company's stock had a trading volume of 651,690 shares, compared to its average volume of 698,339. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. AMN Healthcare Services, Inc. has a 52 week low of $22.47 and a 52 week high of $79.74. The company's fifty day moving average price is $26.76 and its two-hundred day moving average price is $41.20. The stock has a market cap of $1.05 billion, a PE ratio of 20.00 and a beta of 0.05.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. The business had revenue of $687.51 million during the quarter, compared to the consensus estimate of $670.08 million. During the same period in the previous year, the firm posted $1.97 earnings per share. On average, analysts predict that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current fiscal 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.