Reinhart Partners LLC. Has $18.22 Million Stake in AMN Healthcare Services, Inc. (NYSE:AMN)

Reinhart Partners LLC. raised its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 44.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 744,943 shares of the company's stock after buying an additional 229,002 shares during the period. Reinhart Partners LLC. owned about 1.95% of AMN Healthcare Services worth $18,221,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Barclays PLC increased its stake in shares of AMN Healthcare Services by 279.2% in the third quarter. Barclays PLC now owns 91,801 shares of the company's stock worth $3,891,000 after purchasing an additional 67,595 shares during the period. KBC Group NV boosted its holdings in AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after purchasing an additional 1,303 shares in the last quarter. Trust Point Inc. boosted its holdings in AMN Healthcare Services by 12.0% during the fourth quarter. Trust Point Inc. now owns 10,368 shares of the company's stock valued at $248,000 after purchasing an additional 1,112 shares in the last quarter. Thompson Investment Management Inc. boosted its holdings in AMN Healthcare Services by 381.8% during the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock valued at $7,095,000 after purchasing an additional 235,067 shares in the last quarter. Finally, WCM Investment Management LLC boosted its holdings in AMN Healthcare Services by 98.8% during the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock valued at $26,367,000 after purchasing an additional 550,427 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Trading Up 3.1%

AMN stock traded up $0.67 during trading on Tuesday, hitting $22.04. The company had a trading volume of 764,630 shares, compared to its average volume of 918,270. 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 firm has a 50-day moving average price of $20.39 and a 200-day moving average price of $23.74. AMN Healthcare Services, Inc. has a 12 month low of $17.45 and a 12 month high of $70.07. The stock has a market cap of $843.69 million, a price-to-earnings ratio of -5.72 and a beta of 0.19.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced 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 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 business posted $0.97 earnings per share. AMN Healthcare Services's revenue was down 16.0% compared to the same quarter last year. As a group, analysts predict that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Truist Financial decreased their price objective on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Wall Street Zen raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a research note on Monday, February 24th. Finally, UBS Group decreased their price objective on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. One research 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, AMN Healthcare Services has a consensus rating of "Hold" and a consensus target price 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.