State Street Corp Has $64.45 Million Position in AMN Healthcare Services, Inc. (NYSE:AMN)

State Street Corp grew its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,520,429 shares of the company’s stock after purchasing an additional 16,075 shares during the quarter. State Street Corp owned approximately 3.99% of AMN Healthcare Services worth $64,451,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMN. FMR LLC boosted its position in AMN Healthcare Services by 152.4% during the 3rd quarter. FMR LLC now owns 4,640,599 shares of the company’s stock worth $196,715,000 after buying an additional 2,801,663 shares during the period. Pacer Advisors Inc. acquired a new position in shares of AMN Healthcare Services during the second quarter worth $99,349,000. Thrivent Financial for Lutherans lifted its holdings in shares of AMN Healthcare Services by 3,753.6% during the second quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company’s stock worth $64,721,000 after purchasing an additional 1,230,543 shares during the period. American Century Companies Inc. grew its stake in shares of AMN Healthcare Services by 95.3% in the second quarter. American Century Companies Inc. now owns 775,139 shares of the company’s stock worth $39,710,000 after purchasing an additional 378,266 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. increased its holdings in AMN Healthcare Services by 23.6% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company’s stock valued at $46,499,000 after purchasing an additional 209,180 shares during the period. 99.23% of the stock is currently owned by institutional investors.

AMN Healthcare Services Stock Down 3.9 %

AMN Healthcare Services stock opened at $23.52 on Thursday. The company has a market capitalization of $895.50 million, a PE ratio of 17.04 and a beta of 0.04. AMN Healthcare Services, Inc. has a 12-month low of $23.13 and a 12-month high of $80.22. The firm’s fifty day moving average is $32.24 and its 200 day moving average is $44.89. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.03. The firm had revenue of $687.51 million for the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. During the same quarter in the prior year, the business earned $1.97 earnings per share. As a group, sell-side analysts predict that AMN Healthcare Services, Inc. will post 3.07 EPS for the current fiscal year.

Insider Buying and Selling at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the firm’s stock in a transaction on Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the transaction, the chief financial officer now directly owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. This trade represents a 6.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AMN shares. Jefferies Financial Group reduced their price target on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. Truist Financial decreased their target price on shares of AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, November 8th. JMP Securities lowered their price target on shares of AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating for the company in a report on Tuesday, October 22nd. William Blair cut shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, AMN Healthcare Services currently has an average rating of “Hold” and a consensus price target of $48.33.

AMN Healthcare Services 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.