20,900 Shares in AMN Healthcare Services, Inc. (NYSE:AMN) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

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

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of AMN Healthcare Services by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock valued at $106,082,000 after buying an additional 108,284 shares in the last quarter. Newtyn Management LLC acquired a new stake in AMN Healthcare Services in the fourth quarter valued at approximately $28,417,000. WCM Investment Management LLC grew its holdings in 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. Charles Schwab Investment Management Inc. grew its holdings in AMN Healthcare Services by 32.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock worth $21,222,000 after purchasing an additional 217,643 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of AMN Healthcare Services by 30.0% during the fourth quarter. Northern Trust Corp now owns 641,106 shares of the company's stock worth $15,335,000 after purchasing an additional 148,116 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

AMN traded up $0.04 on Thursday, reaching $20.09. 646,363 shares of the company's stock were exchanged, compared to its average volume of 914,542. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The stock's fifty day moving average price is $20.57 and its 200-day moving average price is $23.87. AMN Healthcare Services, Inc. has a twelve month low of $17.45 and a twelve month high of $70.07. The stock has a market cap of $769.18 million, a PE ratio of -5.22 and a beta of 0.16.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.45 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 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 firm earned $0.97 earnings per share. The business's revenue for the quarter was down 16.0% on a year-over-year basis. Sell-side analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. UBS Group dropped their target price on shares of 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. JMP Securities restated a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Wall Street Zen raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. BMO Capital Markets reduced their price target on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research report on Monday, February 24th. Finally, Truist Financial decreased their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, AMN Healthcare Services currently 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.