AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 26.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,827 shares of the company’s stock after selling 4,259 shares during the quarter. PNC Financial Services Group Inc.’s holdings in AMN Healthcare Services were worth $283,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of AMN Healthcare Services during the 4th quarter worth approximately $1,950,000. Proficio Capital Partners LLC acquired a new stake in shares of AMN Healthcare Services during the 4th quarter worth approximately $264,000. Victory Capital Management Inc. raised its position in shares of AMN Healthcare Services by 145.9% during the 4th quarter. Victory Capital Management Inc. now owns 33,054 shares of the company’s stock worth $791,000 after purchasing an additional 19,614 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company’s stock worth $21,222,000 after purchasing an additional 217,643 shares during the period. Finally, Mission Wealth Management LP raised its position in shares of AMN Healthcare Services by 58.7% during the 4th quarter. Mission Wealth Management LP now owns 17,700 shares of the company’s stock worth $423,000 after purchasing an additional 6,548 shares during the period. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on AMN shares. JMP Securities reiterated a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. BMO Capital Markets lowered their target price on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research report on Monday, February 24th. Truist Financial lowered their target price on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Finally, StockNews.com cut AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Monday, March 17th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $41.17.

AMN Healthcare Services Stock Down 0.6 %

Shares of AMN stock opened at $24.09 on Friday. AMN Healthcare Services, Inc. has a 1 year low of $22.47 and a 1 year high of $70.07. The stock has a market cap of $920.05 million, a PE ratio of -6.26 and a beta of 0.15. The business’s fifty day moving average is $25.81 and its 200-day moving average is $31.20. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly 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. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The company had revenue of $734.71 million for the quarter, compared to analysts’ expectations of $694.38 million. Equities analysts expect that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

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.