Public Employees Retirement System of Ohio Purchases Shares of 67,269 AMN Healthcare Services, Inc. (NYSE:AMN)

Public Employees Retirement System of Ohio bought a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 67,269 shares of the company's stock, valued at approximately $1,609,000. Public Employees Retirement System of Ohio owned about 0.18% of AMN Healthcare Services at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its holdings in shares of AMN Healthcare Services by 33.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock valued at $36,000 after purchasing an additional 377 shares during the last quarter. LRI Investments LLC increased its position in AMN Healthcare Services by 368.2% during the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock worth $39,000 after buying an additional 1,274 shares during the period. Blue Trust Inc. lifted its holdings in shares of AMN Healthcare Services by 46.3% during 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 lifted its holdings in shares of AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company's stock worth $59,000 after buying an additional 1,303 shares in the last quarter. Finally, Covestor Ltd boosted its position in shares of AMN Healthcare Services by 41.0% in the fourth quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after acquiring an additional 848 shares during the period. Institutional investors and hedge funds own 99.23% of the company's stock.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Truist Financial dropped their price objective on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. UBS Group cut their price target on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. BMO Capital Markets reduced their price target on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a research 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, JMP Securities reaffirmed a "market outperform" rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, AMN Healthcare Services currently has an average rating of "Hold" and a consensus price target of $32.08.

AMN Healthcare Services Trading Up 0.5%

AMN Healthcare Services stock traded up $0.11 during trading hours on Thursday, reaching $20.16. 335,562 shares of the company's stock were exchanged, compared to its average volume of 913,453. The firm's 50 day simple moving average is $20.57 and its 200 day simple moving average is $23.87. AMN Healthcare Services, Inc. has a twelve month low of $17.45 and a twelve month high of $70.07. The firm has a market capitalization of $771.71 million, a PE ratio of -5.25 and a beta of 0.16. 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 issued its earnings results on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.26. 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 $689.53 million for the quarter, compared to analyst estimates of $670.08 million. During the same period in the prior year, the firm earned $0.97 earnings per share. AMN Healthcare Services's revenue was down 16.0% on a year-over-year basis. Research analysts predict that AMN Healthcare Services, Inc. will post 1.33 earnings per share 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.