Wolverine Asset Management LLC bought a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 44,739 shares of the company's stock, valued at approximately $1,070,000. Wolverine Asset Management LLC owned 0.12% of AMN Healthcare Services as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. raised its holdings in AMN Healthcare Services by 5.1% in the 4th quarter. Principal Financial Group Inc. now owns 237,890 shares of the company's stock worth $5,690,000 after purchasing an additional 11,586 shares in the last quarter. Rhumbline Advisers increased its position in shares of AMN Healthcare Services by 3.2% during the fourth quarter. Rhumbline Advisers now owns 113,637 shares of the company's stock valued at $2,718,000 after buying an additional 3,557 shares during the period. Blue Trust Inc. raised its stake in AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after buying an additional 754 shares in the last quarter. Equitable Trust Co. lifted its holdings in AMN Healthcare Services by 125.4% in the fourth quarter. Equitable Trust Co. now owns 21,526 shares of the company's stock worth $515,000 after buying an additional 11,974 shares during the period. Finally, WCM Investment Management LLC boosted its position in AMN Healthcare Services by 98.8% during the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock valued at $26,367,000 after acquiring an additional 550,427 shares in the last quarter. Institutional investors own 99.23% of the company's stock.
Analyst Ratings Changes
AMN has been the subject of several research reports. Truist Financial decreased their target price on AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating for the company in a research 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. JMP Securities restated a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a report on Thursday, February 6th. Jefferies Financial Group reduced their target price on shares of AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a research report on Wednesday, November 13th. Finally, William Blair cut shares of AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $41.17.
Read Our Latest Report on AMN Healthcare Services
AMN Healthcare Services Stock Down 0.7 %
NYSE:AMN traded down $0.19 on Wednesday, reaching $25.99. 992,923 shares of the stock traded hands, compared to its average volume of 943,860. The company's fifty day simple moving average is $25.47 and its 200 day simple moving average is $34.31. The company has a market capitalization of $989.44 million, a price-to-earnings ratio of -6.75 and a beta of 0.07. AMN Healthcare Services, Inc. has a 12 month low of $22.47 and a 12 month high of $70.07. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share 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 company had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. Equities analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal 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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