Sei Investments Co. lowered its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 89.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,087 shares of the company's stock after selling 100,991 shares during the quarter. Sei Investments Co.'s holdings in AMN Healthcare Services were worth $289,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the company. Semanteon Capital Management LP purchased a new stake in shares of AMN Healthcare Services in the 4th quarter valued at approximately $887,000. Koss Olinger Consulting LLC acquired a new position in AMN Healthcare Services in the 4th quarter valued at about $404,000. Intech Investment Management LLC lifted its position in shares of AMN Healthcare Services by 12.0% during the fourth quarter. Intech Investment Management LLC now owns 40,117 shares of the company's stock worth $960,000 after purchasing an additional 4,283 shares in the last quarter. Royce & Associates LP boosted its stake in shares of AMN Healthcare Services by 866.7% in the fourth quarter. Royce & Associates LP now owns 197,912 shares of the company's stock valued at $4,734,000 after purchasing an additional 177,438 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of AMN Healthcare Services by 12.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 56,977 shares of the company's stock valued at $1,363,000 after purchasing an additional 6,191 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. 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. BMO Capital Markets reduced their target price 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. Finally, Truist Financial cut their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $38.67.
View Our Latest Stock Report on AMN Healthcare Services
AMN Healthcare Services Price Performance
AMN traded down $0.22 during trading on Wednesday, reaching $18.74. The stock had a trading volume of 53,527 shares, compared to its average volume of 893,028. AMN Healthcare Services, Inc. has a 1-year low of $18.15 and a 1-year high of $70.07. 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 50 day moving average of $23.81 and a two-hundred day moving average of $28.00. The firm has a market capitalization of $715.66 million, a price-to-earnings ratio of -4.87 and a beta of -0.03.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The business had revenue of $734.71 million for the quarter, compared to the consensus estimate of $694.38 million. As a group, equities analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.
AMN Healthcare Services Profile
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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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