Allspring Global Investments Holdings LLC Acquires Shares of 66,443 AMN Healthcare Services Inc (NYSE:AMN)

Allspring Global Investments Holdings LLC acquired a new stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 66,443 shares of the company's stock, valued at approximately $1,581,000. Allspring Global Investments Holdings LLC owned 0.17% of AMN Healthcare Services as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Jones Financial Companies Lllp increased its stake 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 worth $36,000 after purchasing an additional 377 shares in the last quarter. Cresset Asset Management LLC increased its stake in shares of AMN Healthcare Services by 5.6% in the fourth quarter. Cresset Asset Management LLC now owns 10,761 shares of the company's stock worth $257,000 after purchasing an additional 566 shares in the last quarter. Golden State Wealth Management LLC increased its stake in shares of AMN Healthcare Services by 107.0% in the first quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock worth $28,000 after purchasing an additional 599 shares in the last quarter. Covestor Ltd increased its stake 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 worth $70,000 after purchasing an additional 848 shares in the last quarter. Finally, AlphaQuest LLC increased its stake in shares of AMN Healthcare Services by 12.1% in the fourth quarter. AlphaQuest LLC now owns 8,840 shares of the company's stock worth $211,000 after purchasing an additional 954 shares in the last quarter. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Trading Down 4.2%

Shares of AMN traded down $0.93 during mid-day trading on Friday, reaching $21.17. The company's stock had a trading volume of 455,503 shares, compared to its average volume of 894,369. The stock has a market cap of $810.49 million, a PE ratio of -4.89 and a beta of 0.18. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.39. AMN Healthcare Services Inc has a 52 week low of $17.45 and a 52 week high of $70.07. The company's fifty day moving average price is $21.44 and its two-hundred day moving average price is $23.10.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.26. AMN Healthcare Services had a negative net margin of 5.80% and a positive return on equity of 13.39%. The company had revenue of $689.53 million during the quarter, compared to analyst estimates of $670.08 million. During the same period in the prior year, the business posted $0.97 EPS. The firm's revenue was down 16.0% compared to the same quarter last year. On average, analysts predict that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on AMN. UBS Group reduced their price objective on shares of 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. Truist Financial reduced 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. Finally, Wall Street Zen raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $32.08.

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.