Northern Trust Corp grew its position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 30.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 641,106 shares of the company's stock after buying an additional 148,116 shares during the period. Northern Trust Corp owned 1.68% of AMN Healthcare Services worth $15,335,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position 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 purchasing an additional 108,284 shares during the last quarter. WCM Investment Management LLC raised its position 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 worth $26,367,000 after buying an additional 550,427 shares during the last quarter. Charles Schwab Investment Management Inc. raised 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 buying an additional 217,643 shares during the last quarter. Invesco Ltd. raised its position in AMN Healthcare Services by 92.4% during the 4th quarter. Invesco Ltd. now owns 388,564 shares of the company's stock worth $9,294,000 after buying an additional 186,630 shares during the last quarter. Finally, Tributary Capital Management LLC raised its position in AMN Healthcare Services by 40.9% during the 4th quarter. Tributary Capital Management LLC now owns 328,085 shares of the company's stock worth $7,848,000 after buying an additional 95,204 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on AMN shares. BMO Capital Markets dropped their price target 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. JMP Securities restated a "market outperform" rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. UBS Group lowered their price target on 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 dropped their target price 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. Finally, StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. 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 company's stock. According to MarketBeat, AMN Healthcare Services currently has a consensus rating of "Hold" and an average price target of $32.08.
Check Out Our Latest Analysis on AMN
AMN Healthcare Services Trading Up 1.0%
Shares of AMN traded up $0.23 during trading hours on Tuesday, hitting $22.65. 18,669 shares of the stock traded hands, compared to its average volume of 913,711. AMN Healthcare Services, Inc. has a 1-year low of $17.45 and a 1-year high of $70.07. The business has a fifty day moving average of $21.38 and a 200-day moving average of $24.64. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. The firm has a market capitalization of $867.00 million, a PE ratio of -5.89 and a beta of 0.16.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.26. The company had revenue of $689.53 million for the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. AMN Healthcare Services's revenue was down 16.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.97 earnings per share. Analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.
About AMN Healthcare Services
(
Free Report)
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.
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