Universal Beteiligungs und Servicegesellschaft mbH Invests $500,000 in AMN Healthcare Services, Inc. (NYSE:AMN)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 20,900 shares of the company's stock, valued at approximately $500,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.05% of AMN Healthcare Services at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Barclays PLC raised 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 last quarter. KBC Group NV raised its stake in shares of AMN Healthcare Services by 110.9% in 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. Trust Point Inc. raised its stake in shares of AMN Healthcare Services by 12.0% in the fourth quarter. Trust Point Inc. now owns 10,368 shares of the company's stock worth $248,000 after purchasing an additional 1,112 shares during the last quarter. Thompson Investment Management Inc. raised its stake in shares of AMN Healthcare Services by 381.8% in the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock worth $7,095,000 after purchasing an additional 235,067 shares during the last quarter. Finally, WCM Investment Management LLC raised its stake in shares of AMN Healthcare Services by 98.8% in the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock worth $26,367,000 after purchasing an additional 550,427 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Performance

NYSE:AMN traded up $1.02 during mid-day trading on Friday, hitting $21.10. 633,359 shares of the company traded hands, compared to its average volume of 918,142. The stock's fifty day moving average price is $20.43 and its 200-day moving average price is $23.79. AMN Healthcare Services, Inc. has a one year low of $17.45 and a one year high of $70.07. 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 market cap of $807.85 million, a price-to-earnings ratio of -5.48 and a beta of 0.19.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) 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 business had revenue of $689.53 million during the quarter, compared to analyst estimates of $670.08 million. During the same quarter in the previous year, the company posted $0.97 earnings per share. AMN Healthcare Services's revenue for the quarter 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.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMN. BMO Capital Markets decreased their price target on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research note on Monday, February 24th. Truist Financial reduced their price objective 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. Wall Street Zen upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, UBS Group reduced their price objective 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target 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.