Handelsbanken Fonder AB Lowers Stake in AMN Healthcare Services, Inc. (NYSE:AMN)

Handelsbanken Fonder AB lessened its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,816 shares of the company’s stock after selling 800 shares during the period. Handelsbanken Fonder AB’s holdings in AMN Healthcare Services were worth $235,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMN. Versor Investments LP purchased a new position in shares of AMN Healthcare Services during the third quarter worth approximately $818,000. Anthracite Investment Company Inc. purchased a new position in shares of AMN Healthcare Services during the third quarter valued at $1,696,000. Harbor Capital Advisors Inc. raised its holdings in shares of AMN Healthcare Services by 285.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock valued at $1,901,000 after acquiring an additional 58,830 shares in the last quarter. Equitable Trust Co. grew its holdings in AMN Healthcare Services by 125.4% during the 4th quarter. Equitable Trust Co. now owns 21,526 shares of the company’s stock worth $515,000 after acquiring an additional 11,974 shares in the last quarter. Finally, Thompson Investment Management Inc. increased its position in AMN Healthcare Services by 381.8% during the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock valued at $7,095,000 after purchasing an additional 235,067 shares during the period. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Down 2.9 %

AMN Healthcare Services stock opened at $24.59 on Tuesday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. The stock has a market cap of $939.07 million, a PE ratio of -6.39 and a beta of 0.07. The stock has a 50-day moving average of $25.66 and a two-hundred day moving average of $33.55. AMN Healthcare Services, Inc. has a one year low of $22.47 and a one year high of $70.07.

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AMN shares. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. BMO Capital Markets cut their price target on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Jefferies Financial Group dropped their price objective 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. Finally, Truist Financial reduced their target price on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a report on Friday, February 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $41.17.

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.