US Bancorp DE Decreases Stake in AMN Healthcare Services, Inc. (NYSE:AMN)

US Bancorp DE lowered its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,307 shares of the company’s stock after selling 1,181 shares during the quarter. US Bancorp DE’s holdings in AMN Healthcare Services were worth $175,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Anthracite Investment Company Inc. purchased a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $1,696,000. Harbor Capital Advisors Inc. lifted its position in shares of AMN Healthcare Services by 285.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock worth $1,901,000 after buying an additional 58,830 shares during the last quarter. Equitable Trust Co. lifted its position in shares of 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 buying an additional 11,974 shares during the last quarter. Thompson Investment Management Inc. lifted its position in shares of AMN Healthcare Services by 381.8% during the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock worth $7,095,000 after buying an additional 235,067 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $1,892,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Stock Performance

Shares of AMN opened at $26.69 on Friday. 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 capitalization of $1.02 billion, a P/E ratio of -6.93 and a beta of 0.15. The company’s fifty day moving average is $25.99 and its two-hundred day moving average is $32.05. AMN Healthcare Services, Inc. has a 1 year low of $22.47 and a 1 year high of $70.07.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data 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 company had revenue of $734.71 million for the quarter, compared to analysts’ expectations of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. On average, sell-side analysts predict that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on AMN. StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. 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. Truist Financial reduced their price target on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Finally, JMP Securities reiterated 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. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, AMN Healthcare Services presently has a consensus 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.