Victory Capital Management Inc. raised its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 145.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,054 shares of the company's stock after buying an additional 19,614 shares during the quarter. Victory Capital Management Inc. owned about 0.09% of AMN Healthcare Services worth $791,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of AMN. Truvestments Capital LLC bought a new position in AMN Healthcare Services during the 3rd quarter worth approximately $30,000. Jones Financial Companies Lllp boosted its position in shares of AMN Healthcare Services by 33.4% during the fourth 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. Blue Trust Inc. grew its holdings in shares of AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after buying an additional 754 shares during the period. KBC Group NV increased its position in shares of AMN Healthcare Services by 110.9% in the 4th 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 in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of AMN Healthcare Services by 189.6% in the 4th 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 in the last quarter. 99.23% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on AMN. StockNews.com cut AMN Healthcare Services from a "hold" rating to a "sell" rating in a research note on Monday, March 17th. BMO Capital Markets lowered 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. Truist Financial decreased their price objective 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, JMP Securities reissued a "market outperform" rating and set a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $41.17.
Check Out Our Latest Research Report on AMN Healthcare Services
AMN Healthcare Services Stock Performance
AMN stock traded up $0.49 during midday trading on Monday, reaching $24.57. 615,391 shares of the company were exchanged, compared to its average volume of 861,825. The firm has a market capitalization of $938.34 million, a price-to-earnings ratio of -6.38 and a beta of 0.15. The business has a 50-day moving average price of $25.81 and a two-hundred day moving average price of $30.89. AMN Healthcare Services, Inc. has a one year low of $22.47 and a one year high of $70.07. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.23. The business had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. Equities research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.
About AMN Healthcare Services
(
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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