Teacher Retirement System of Texas Purchases Shares of 15,049 AMN Healthcare Services Inc (NYSE:AMN)

Teacher Retirement System of Texas 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 disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,049 shares of the company's stock, valued at approximately $368,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its position in shares of AMN Healthcare Services by 107.0% during the 1st 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 during the last quarter. LRI Investments LLC raised its position in shares of AMN Healthcare Services by 368.2% during the 4th 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. Covestor Ltd raised its position in shares of AMN Healthcare Services by 41.0% during the 4th 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. GAMMA Investing LLC raised its position in shares of AMN Healthcare Services by 74.9% during the 1st quarter. GAMMA Investing LLC now owns 5,278 shares of the company's stock worth $129,000 after purchasing an additional 2,260 shares during the last quarter. Finally, NBC Securities Inc. raised its position in shares of AMN Healthcare Services by 109,000.0% during the 1st quarter. NBC Securities Inc. now owns 5,455 shares of the company's stock worth $133,000 after purchasing an additional 5,450 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Trading Down 6.6%

Shares of NYSE:AMN traded down $1.30 during mid-day trading on Monday, reaching $18.52. 901,375 shares of the company were exchanged, compared to its average volume of 899,606. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $708.83 million, a price-to-earnings ratio of -4.28 and a beta of 0.18. The firm's 50-day simple moving average is $21.42 and its 200 day simple moving average is $22.93. AMN Healthcare Services Inc has a 1 year low of $17.45 and a 1 year high of $70.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.45 earnings per share for the quarter, topping 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 firm had revenue of $689.53 million during the quarter, compared to analysts' expectations of $670.08 million. During the same quarter last year, the company posted $0.97 EPS. The firm's quarterly revenue was down 16.0% on a year-over-year basis. Equities research analysts forecast that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on AMN. UBS Group cut 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 report on Tuesday, May 13th. Truist Financial cut 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 report on Tuesday, April 15th. Finally, Wall Street Zen upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $32.08.

AMN Healthcare Services 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.