Dimensional Fund Advisors LP Sells 20,972 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Dimensional Fund Advisors LP reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 2.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,044,549 shares of the company's stock after selling 20,972 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.74% of AMN Healthcare Services worth $24,985,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of AMN. Jones Financial Companies Lllp increased its holdings in AMN Healthcare Services by 33.4% in 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. boosted its position in shares of AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after purchasing an additional 754 shares in the last quarter. KBC Group NV grew 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 valued at $59,000 after buying an additional 1,303 shares during the period. Covestor Ltd increased its position in AMN Healthcare Services by 41.0% in the 4th quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after buying an additional 848 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in AMN Healthcare Services by 189.6% during the 4th quarter. GAMMA Investing LLC now owns 3,018 shares of the company's stock worth $72,000 after buying an additional 1,976 shares during the period. Institutional investors own 99.23% of the company's stock.

Wall Street Analyst Weigh In

AMN has been the topic of a number of research reports. JMP Securities reaffirmed a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Truist Financial dropped their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. 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, February 24th. Finally, StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $38.67.

AMN Healthcare Services Stock Performance

AMN stock traded up $1.66 during midday trading on Friday, hitting $21.99. The company's stock had a trading volume of 2,017,098 shares, compared to its average volume of 923,015. AMN Healthcare Services, Inc. has a 1 year low of $17.45 and a 1 year high of $70.07. The stock has a market cap of $839.78 million, a price-to-earnings ratio of -5.71 and a beta of 0.16. The stock's 50-day moving average price is $21.82 and its 200 day moving average price is $25.44. 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 (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.26. The company had revenue of $689.53 million during the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The firm's revenue for the quarter was down 16.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.97 earnings per share. On average, equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

AMN Healthcare Services Company 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.