AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN grew its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 188.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 301,390 shares of the company's stock after acquiring an additional 196,882 shares during the period. Wells Fargo & Company MN owned about 0.79% of AMN Healthcare Services worth $7,209,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. lifted its stake in AMN Healthcare Services by 285.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company's stock worth $1,901,000 after acquiring an additional 58,830 shares during the last quarter. Equitable Trust Co. grew its stake in shares of AMN Healthcare Services by 125.4% during the fourth quarter. Equitable Trust Co. now owns 21,526 shares of the company's stock worth $515,000 after purchasing an additional 11,974 shares in the last quarter. Thompson Investment Management Inc. increased its holdings in AMN Healthcare Services by 381.8% in the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock valued at $7,095,000 after buying an additional 235,067 shares during the last quarter. Barclays PLC raised its stake in AMN Healthcare Services by 279.2% in the third quarter. Barclays PLC now owns 91,801 shares of the company's stock valued at $3,891,000 after buying an additional 67,595 shares in the last quarter. Finally, WCM Investment Management LLC lifted its holdings 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. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Stock Performance

Shares of AMN stock traded up $0.08 during midday trading on Thursday, hitting $18.25. The company had a trading volume of 98,485 shares, compared to its average volume of 906,251. The company's 50 day simple moving average is $23.09 and its 200 day simple moving average is $27.18. AMN Healthcare Services, Inc. has a 52-week low of $17.45 and a 52-week high of $70.07. 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 has a market cap of $696.99 million, a price-to-earnings ratio of -4.73 and a beta of -0.03.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. JMP Securities restated a "market outperform" rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Truist Financial dropped their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Finally, 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. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $38.67.

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.