Nuveen Asset Management LLC cut its stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 18.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,389 shares of the company's stock after selling 29,344 shares during the quarter. Nuveen Asset Management LLC owned about 0.33% of AMN Healthcare Services worth $3,023,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its position 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 during the last quarter. LRI Investments LLC lifted its position in shares of AMN Healthcare Services by 368.2% during the fourth quarter. LRI Investments LLC now owns 1,620 shares of the company's stock worth $39,000 after purchasing an additional 1,274 shares during the last quarter. Blue Trust Inc. lifted its position 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 purchasing an additional 754 shares during the last quarter. KBC Group NV lifted its position 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 purchasing an additional 1,303 shares during the last quarter. Finally, Covestor Ltd lifted 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 worth $70,000 after purchasing an additional 848 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors.
AMN Healthcare Services Stock Down 2.0%
Shares of AMN stock traded down $0.41 on Wednesday, hitting $20.03. The stock had a trading volume of 594,475 shares, compared to its average volume of 913,607. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The business has a 50 day moving average price of $20.64 and a 200 day moving average price of $23.90. The company has a market cap of $766.85 million, a PE ratio of -5.20 and a beta of 0.16. AMN Healthcare Services, Inc. has a one year low of $17.45 and a one year high of $70.07.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data 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. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The firm had revenue of $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. During the same period in the previous year, the company posted $0.97 earnings per share. The firm's quarterly revenue was down 16.0% on a year-over-year basis. Research analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on AMN shares. BMO Capital Markets decreased their target price on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research report on Monday, February 24th. JMP Securities reiterated 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. UBS Group decreased their target price on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Wall Street Zen upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Truist Financial decreased 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. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $32.08.
Read Our Latest Report on AMN
AMN Healthcare Services Company Profile
(
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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