PharVision Advisers LLC purchased a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,817 shares of the company's stock, valued at approximately $570,000. AMN Healthcare Services accounts for 0.5% of PharVision Advisers LLC's holdings, making the stock its 26th largest position. PharVision Advisers LLC owned about 0.06% of AMN Healthcare Services at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of AMN. Jones Financial Companies Lllp raised its stake 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 buying an additional 377 shares in the last quarter. LRI Investments LLC boosted its stake in AMN Healthcare Services by 368.2% in the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock worth $39,000 after purchasing an additional 1,274 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of 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. KBC Group NV boosted its stake in AMN Healthcare Services by 110.9% during the 4th quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after purchasing an additional 1,303 shares during the last quarter. Finally, Covestor Ltd boosted its position in shares of AMN Healthcare Services by 41.0% during the fourth quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after buying an additional 848 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors.
AMN Healthcare Services Stock Down 4.1%
Shares of NYSE:AMN traded down $0.89 during trading on Monday, reaching $20.78. The stock had a trading volume of 592,273 shares, compared to its average volume of 915,940. The firm's 50-day simple moving average is $21.09 and its 200 day simple moving average is $24.13. 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, Inc. has a one year low of $17.45 and a one year high of $70.07. The company has a market capitalization of $795.60 million, a P/E ratio of -5.40 and a beta of 0.16.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its 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 the consensus estimate of $670.08 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. AMN Healthcare Services's revenue was down 16.0% compared to the same quarter last year. During the same period last year, the firm earned $0.97 earnings per share. As a group, research analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. JMP Securities reiterated a "market outperform" rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Truist Financial cut their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. BMO Capital Markets reduced 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. Wall Street Zen raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. Finally, UBS Group lowered their price target on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $32.08.
Read Our Latest Stock Report on AMN
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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