AMN Healthcare Services, Inc. (NYSE:AMN) Stock Holdings Lowered by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC trimmed its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 1.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,760 shares of the company’s stock after selling 924 shares during the period. Mutual of America Capital Management LLC owned approximately 0.13% of AMN Healthcare Services worth $2,025,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in AMN Healthcare Services by 0.9% during the first quarter. Vanguard Group Inc. now owns 4,289,179 shares of the company’s stock valued at $268,117,000 after buying an additional 37,676 shares during the period. CANADA LIFE ASSURANCE Co raised its position in AMN Healthcare Services by 6.5% in the first quarter. CANADA LIFE ASSURANCE Co now owns 43,422 shares of the company’s stock worth $2,716,000 after purchasing an additional 2,642 shares in the last quarter. BOKF NA boosted its position in AMN Healthcare Services by 127.2% in the first quarter. BOKF NA now owns 4,237 shares of the company’s stock valued at $263,000 after buying an additional 2,372 shares in the last quarter. Invenomic Capital Management LP bought a new stake in AMN Healthcare Services during the 1st quarter worth about $11,935,000. Finally, Tidal Investments LLC increased its holdings in AMN Healthcare Services by 76.6% in the first quarter. Tidal Investments LLC now owns 16,308 shares of the company’s stock valued at $1,019,000 after purchasing an additional 7,071 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Insider Activity at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the business’s stock in a transaction dated Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the transaction, the chief financial officer now owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. The trade was a 6.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.93% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on AMN. Jefferies Financial Group reduced their price objective on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th. UBS Group cut their price objective on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. BMO Capital Markets lowered their target price on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, November 11th. William Blair downgraded shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, JMP Securities reduced their target price on shares of AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating for the company in a research note on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $48.33.

AMN Healthcare Services Price Performance

Shares of AMN opened at $25.84 on Monday. The firm has a market capitalization of $983.83 million, a PE ratio of 18.72 and a beta of 0.13. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. The company’s 50-day moving average is $37.57 and its 200-day moving average is $48.65. AMN Healthcare Services, Inc. has a fifty-two week low of $23.37 and a fifty-two week high of $80.22.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. The business had revenue of $687.51 million during the quarter, compared to analysts’ expectations of $670.08 million. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. During the same period last year, the firm posted $1.97 EPS. Equities analysts forecast that AMN Healthcare Services, Inc. will post 3.09 EPS 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.