Blair William & Co. IL Sells 15,900 Shares of AMN Healthcare Services Inc (NYSE:AMN)

Blair William & Co. IL lessened its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 61.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,928 shares of the company's stock after selling 15,900 shares during the quarter. Blair William & Co. IL's holdings in AMN Healthcare Services were worth $243,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cresset Asset Management LLC increased its stake 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 acquiring an additional 566 shares during the last quarter. Golden State Wealth Management LLC increased its stake in AMN Healthcare Services by 107.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock worth $28,000 after acquiring an additional 599 shares during the last quarter. Covestor Ltd increased its stake 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 acquiring an additional 848 shares during the last quarter. MetLife Investment Management LLC increased its stake in AMN Healthcare Services by 4.4% in the 4th quarter. MetLife Investment Management LLC now owns 23,608 shares of the company's stock worth $565,000 after acquiring an additional 999 shares during the last quarter. Finally, First National Advisers LLC increased its stake in AMN Healthcare Services by 7.8% in the 1st quarter. First National Advisers LLC now owns 14,068 shares of the company's stock worth $344,000 after acquiring an additional 1,020 shares during the last quarter. Institutional investors own 99.23% of the company's stock.

Analysts Set New Price Targets

AMN has been the topic of several analyst reports. Truist Financial cut their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. BMO Capital Markets set a $22.00 target price on AMN Healthcare Services and gave the company an "outperform" rating in a research report on Monday. JMP Securities cut their target price on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a research report on Tuesday. Finally, UBS Group cut their target price on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $28.25.

AMN Healthcare Services Price Performance

AMN opened at $17.74 on Wednesday. The business has a fifty day moving average of $20.32 and a 200 day moving average of $22.00. AMN Healthcare Services Inc has a 52-week low of $14.86 and a 52-week high of $55.20. The company has a quick ratio of 1.08, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. The stock has a market cap of $679.61 million, a P/E ratio of -2.28 and a beta of 0.10.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.13. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%. The company had revenue of $658.18 million during the quarter, compared to analysts' expectations of $652.89 million. During the same quarter in the previous year, the business earned $0.98 EPS. AMN Healthcare Services's revenue was down 11.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

About AMN Healthcare Services

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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