Royce & Associates LP Boosts Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Royce & Associates LP lifted its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 866.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 197,912 shares of the company's stock after acquiring an additional 177,438 shares during the period. Royce & Associates LP owned 0.52% of AMN Healthcare Services worth $4,734,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in AMN. Natixis Advisors LLC boosted its stake in AMN Healthcare Services by 21.4% in the 3rd quarter. Natixis Advisors LLC now owns 228,234 shares of the company's stock worth $9,674,000 after buying an additional 40,174 shares during the last quarter. Quest Partners LLC acquired a new stake in AMN Healthcare Services in the 3rd quarter worth about $334,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in AMN Healthcare Services by 13.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 50,786 shares of the company's stock worth $2,153,000 after buying an additional 6,024 shares during the last quarter. Anthracite Investment Company Inc. acquired a new stake in AMN Healthcare Services in the 3rd quarter worth about $1,696,000. Finally, Intech Investment Management LLC boosted its stake in AMN Healthcare Services by 100.3% in the 3rd quarter. Intech Investment Management LLC now owns 35,834 shares of the company's stock worth $1,519,000 after buying an additional 17,948 shares during the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMN has been the topic of a number of research analyst reports. JMP Securities reissued a "market outperform" rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday, February 6th. StockNews.com lowered AMN Healthcare Services from a "hold" rating to a "sell" rating in a research note on Monday, March 17th. 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 note on Monday, February 24th. Finally, 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 research note on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $41.17.

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AMN Healthcare Services Trading Down 0.6 %

Shares of NYSE AMN traded down $0.15 during midday trading on Friday, hitting $24.09. The stock had a trading volume of 1,564,277 shares, compared to its average volume of 862,815. The company has a market capitalization of $920.05 million, a price-to-earnings ratio of -6.26 and a beta of 0.15. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a 1-year low of $22.47 and a 1-year high of $70.07. The company has a fifty day moving average price of $25.81 and a 200 day moving average price of $31.05.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating the consensus estimate 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%. On average, analysts predict that AMN Healthcare Services, Inc. will post 1.33 earnings per share 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.