Raymond James Financial Inc. Invests $1.95 Million in AMN Healthcare Services, Inc. (NYSE:AMN)

Raymond James Financial Inc. purchased a new position in AMN Healthcare Services, Inc. (NYSE:AMN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 81,502 shares of the company’s stock, valued at approximately $1,950,000. Raymond James Financial Inc. owned about 0.21% of AMN Healthcare Services as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC lifted its position in AMN Healthcare Services by 152.4% in the 3rd quarter. FMR LLC now owns 4,640,599 shares of the company’s stock valued at $196,715,000 after acquiring an additional 2,801,663 shares in the last quarter. WCM Investment Management LLC lifted its holdings in shares of AMN Healthcare Services by 98.8% during the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock valued at $26,367,000 after purchasing an additional 550,427 shares in the last quarter. Reinhart Partners LLC. bought a new position in shares of AMN Healthcare Services during the fourth quarter valued at $12,341,000. Wellington Management Group LLP boosted its position in shares of AMN Healthcare Services by 54.5% during the third quarter. Wellington Management Group LLP now owns 773,015 shares of the company’s stock valued at $32,768,000 after buying an additional 272,552 shares during the last quarter. Finally, Weiss Asset Management LP bought a new stake in AMN Healthcare Services in the 3rd quarter worth about $10,026,000. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 4.0 %

Shares of AMN Healthcare Services stock opened at $24.51 on Tuesday. AMN Healthcare Services, Inc. has a 1-year low of $22.47 and a 1-year high of $70.07. The company’s fifty day simple moving average is $25.55 and its 200-day simple moving average is $29.97. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The stock has a market capitalization of $936.17 million, a PE ratio of -6.37 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share 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 the consensus estimate of $694.38 million. As a group, equities analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AMN shares. BMO Capital Markets dropped their price target on shares of 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 raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, March 25th. JMP Securities reiterated a “market outperform” rating and set a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Finally, Truist Financial dropped their price target on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently 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.