Federated Hermes Inc. Sells 382,984 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Federated Hermes Inc. decreased its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 50.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 368,985 shares of the company's stock after selling 382,984 shares during the period. Federated Hermes Inc. owned approximately 0.97% of AMN Healthcare Services worth $8,826,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AMN. Jones Financial Companies Lllp boosted its holdings in 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 during the last quarter. Blue Trust Inc. boosted its stake 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 worth $57,000 after buying an additional 754 shares during the last quarter. KBC Group NV boosted its stake 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 worth $59,000 after buying an additional 1,303 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of AMN Healthcare Services by 189.6% in 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. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of AMN Healthcare Services during the fourth quarter valued at approximately $167,000. 99.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AMN has been the topic of a number of research analyst reports. BMO Capital Markets cut their price target on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. Truist Financial dropped 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 research note on Tuesday. JMP Securities restated a "market outperform" rating and set a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Finally, StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $38.67.

AMN Healthcare Services Price Performance

Shares of AMN traded down $0.14 during trading hours on Wednesday, reaching $18.83. 115,479 shares of the company's stock traded hands, compared to its average volume of 893,276. AMN Healthcare Services, Inc. has a 12 month low of $18.15 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. The stock has a market cap of $718.91 million, a PE ratio of -4.90 and a beta of -0.03. The firm's 50 day simple moving average is $23.81 and its 200-day simple moving average is $28.00.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $694.38 million. Equities analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

AMN Healthcare Services 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.