Federated Hermes Inc. Cuts Stake in AMN Healthcare Services, Inc. (NYSE:AMN)

Federated Hermes Inc. decreased its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 695,267 shares of the company's stock after selling 38,937 shares during the period. Federated Hermes Inc. owned about 1.84% of AMN Healthcare Services worth $52,062,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Barclays PLC lifted its stake in AMN Healthcare Services by 0.4% in the 4th quarter. Barclays PLC now owns 35,478 shares of the company's stock valued at $3,647,000 after purchasing an additional 132 shares during the last quarter. Cetera Investment Advisers lifted its stake in AMN Healthcare Services by 2.3% in the 1st quarter. Cetera Investment Advisers now owns 5,944 shares of the company's stock valued at $620,000 after purchasing an additional 133 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in AMN Healthcare Services by 0.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 39,137 shares of the company's stock valued at $4,147,000 after purchasing an additional 137 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in AMN Healthcare Services by 1.9% in the 1st quarter. Advisors Asset Management Inc. now owns 8,838 shares of the company's stock valued at $733,000 after purchasing an additional 164 shares during the last quarter. Finally, Creative Planning lifted its stake in AMN Healthcare Services by 5.7% in the 2nd quarter. Creative Planning now owns 3,173 shares of the company's stock valued at $348,000 after purchasing an additional 170 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Trading Up 1.2 %

Shares of AMN traded up $0.65 during trading hours on Friday, hitting $56.95. 430,801 shares of the stock were exchanged, compared to its average volume of 674,230. AMN Healthcare Services, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $112.44. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.28 and a quick ratio of 1.28. The business has a 50-day moving average of $60.76 and a 200-day moving average of $68.49. The firm has a market capitalization of $2.16 billion, a P/E ratio of 10.77 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.07. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The company had revenue of $818.27 million during the quarter, compared to analysts' expectations of $803.14 million. During the same period in the prior year, the company posted $2.48 earnings per share. AMN Healthcare Services's revenue for the quarter was down 27.3% compared to the same quarter last year. On average, research analysts expect that AMN Healthcare Services, Inc. will post 3.97 EPS for the current year.

Analyst Ratings Changes

AMN has been the subject of several research reports. BMO Capital Markets dropped their price objective on shares of AMN Healthcare Services from $85.00 to $83.00 and set an "outperform" rating for the company in a research note on Tuesday, February 20th. StockNews.com downgraded shares of AMN Healthcare Services from a "hold" rating to a "sell" rating in a research note on Monday, April 15th. Finally, JMP Securities dropped their price target on shares of AMN Healthcare Services from $87.00 to $75.00 and set a "market outperform" rating for the company in a research note on Monday, February 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, AMN Healthcare Services has an average rating of "Hold" and a consensus target price of $87.25.

Insider Transactions at AMN Healthcare Services

In other news, CEO Caroline Grace acquired 17,500 shares of the firm's stock in a transaction dated Tuesday, February 27th. The stock was bought at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the completion of the transaction, the chief executive officer now directly owns 27,178 shares in the company, valued at approximately $1,540,449.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Jorge A. Caballero purchased 2,000 shares of AMN Healthcare Services stock in a transaction on Wednesday, March 6th. The stock was acquired at an average cost of $56.80 per share, for a total transaction of $113,600.00. Following the completion of the acquisition, the director now owns 2,437 shares of the company's stock, valued at approximately $138,421.60. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Caroline Grace purchased 17,500 shares of AMN Healthcare Services stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of $56.68 per share, with a total value of $991,900.00. Following the completion of the acquisition, the chief executive officer now directly owns 27,178 shares of the company's stock, valued at approximately $1,540,449.04. The disclosure for this purchase can be found here. Insiders bought a total of 26,626 shares of company stock worth $1,516,899 over the last three months. 0.93% of the stock is owned by company insiders.

About AMN Healthcare Services

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.