Vanguard Group Inc. Has $318.35 Million Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Vanguard Group Inc. grew its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,251,503 shares of the company’s stock after acquiring an additional 30,513 shares during the quarter. Vanguard Group Inc. owned 11.22% of AMN Healthcare Services worth $318,353,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Congress Asset Management Co. MA lifted its stake in AMN Healthcare Services by 16.5% in the 4th quarter. Congress Asset Management Co. MA now owns 384,915 shares of the company’s stock valued at $28,822,000 after purchasing an additional 54,641 shares during the last quarter. Polen Capital Management LLC boosted its holdings in shares of AMN Healthcare Services by 39.2% during the 4th quarter. Polen Capital Management LLC now owns 45,416 shares of the company’s stock valued at $3,401,000 after acquiring an additional 12,796 shares in the last quarter. Quarry LP grew its position in AMN Healthcare Services by 64.8% during the 4th quarter. Quarry LP now owns 519 shares of the company’s stock worth $39,000 after acquiring an additional 204 shares during the last quarter. Aurora Investment Counsel increased its holdings in AMN Healthcare Services by 2.6% in the 4th quarter. Aurora Investment Counsel now owns 18,201 shares of the company’s stock worth $1,363,000 after purchasing an additional 462 shares in the last quarter. Finally, True Wealth Design LLC raised its position in AMN Healthcare Services by 39.8% in the fourth quarter. True Wealth Design LLC now owns 11,435 shares of the company’s stock valued at $856,000 after purchasing an additional 3,255 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.

Wall Street Analysts Forecast Growth

AMN has been the subject of a number of research reports. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a report on Tuesday, May 28th. Truist Financial cut their price target on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. JMP Securities restated a “market outperform” rating and issued a $75.00 price objective on shares of AMN Healthcare Services in a report on Friday, May 10th. Bank of America lifted their target price on AMN Healthcare Services from $61.00 to $65.00 and gave the stock a “neutral” rating in a report on Wednesday, May 15th. Finally, StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, AMN Healthcare Services presently has an average rating of “Hold” and an average target price of $75.57.

AMN Healthcare Services Stock Performance

AMN stock opened at $51.23 on Friday. The firm has a market cap of $1.95 billion, a PE ratio of 13.77 and a beta of 0.17. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.49. The stock has a 50-day moving average price of $56.18 and a 200-day moving average price of $63.30. AMN Healthcare Services, Inc. has a 1-year low of $49.80 and a 1-year high of $112.44.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, May 9th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $820.90 million during the quarter, compared to the consensus estimate of $816.54 million. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The firm’s revenue for the quarter was down 27.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.49 earnings per share. As a group, equities research analysts expect that AMN Healthcare Services, Inc. will post 3.15 earnings per share for the current year.

AMN Healthcare Services Company 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.