Harbor Capital Advisors Inc. cut its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 23.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,150 shares of the company's stock after selling 18,308 shares during the quarter. Harbor Capital Advisors Inc. owned about 0.16% of AMN Healthcare Services worth $1,496,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. Jones Financial Companies Lllp raised its holdings in shares of AMN Healthcare Services by 33.4% during the 4th 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. Cresset Asset Management LLC increased its holdings in AMN Healthcare Services by 5.6% in the 4th 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. Blue Trust Inc. increased its holdings in AMN Healthcare Services by 46.3% in 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. Covestor Ltd increased its holdings in AMN Healthcare Services by 41.0% in the 4th 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 holdings in AMN Healthcare Services by 12.1% in the 4th 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. 99.23% of the stock is owned by institutional investors and hedge funds.
AMN Healthcare Services Trading Up 1.5%
Shares of AMN stock traded up $0.32 on Monday, hitting $21.90. The company had a trading volume of 473,092 shares, compared to its average volume of 915,084. The firm has a market cap of $838.40 million, a P/E ratio of -5.69 and a beta of 0.19. The stock's 50-day moving average is $20.56 and its two-hundred day moving average is $23.59. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. AMN Healthcare Services, Inc. has a twelve month low of $17.45 and a twelve month high of $70.07.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued 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 analysts' expectations of $670.08 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The business's quarterly revenue was down 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.97 earnings per share. On average, equities research analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on AMN shares. Truist Financial lowered their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. UBS Group lowered their target price on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Wall Street Zen raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. Finally, BMO Capital Markets lowered their target price 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $32.08.
View Our Latest 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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