JPMorgan Chase & Co. Has $1.12 Million Stake in AMN Healthcare Services, Inc. (NYSE:AMN)

JPMorgan Chase & Co. lessened its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 68.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,763 shares of the company's stock after selling 103,302 shares during the period. JPMorgan Chase & Co. owned 0.12% of AMN Healthcare Services worth $1,119,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WCM Investment Management LLC boosted its stake in AMN Healthcare Services by 98.8% during the 4th 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 during the period. Reinhart Partners LLC. acquired a new stake in AMN Healthcare Services in the 4th quarter valued at approximately $12,341,000. Thompson Investment Management Inc. raised its stake in AMN Healthcare Services by 381.8% during the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock valued at $7,095,000 after acquiring an additional 235,067 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock worth $21,222,000 after acquiring an additional 217,643 shares during the period. Finally, Royce & Associates LP grew its stake in shares of AMN Healthcare Services by 866.7% in the fourth quarter. Royce & Associates LP now owns 197,912 shares of the company's stock worth $4,734,000 after purchasing an additional 177,438 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

NYSE:AMN traded up $0.37 during trading hours on Friday, reaching $20.79. 89,536 shares of the company's stock were exchanged, compared to its average volume of 912,482. 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 company has a market capitalization of $793.95 million, a P/E ratio of -5.37 and a beta of -0.03. AMN Healthcare Services, Inc. has a 12 month low of $17.45 and a 12 month high of $70.07. The business's 50-day simple moving average is $22.45 and its two-hundred day simple moving average is $26.37.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.23. The business had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. Sell-side analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMN has been the subject of several research analyst reports. JMP Securities reaffirmed a "market outperform" rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. BMO Capital Markets lowered 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, Truist Financial cut their target price 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $38.67.

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.