Acadian Asset Management LLC trimmed its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN – Free Report) by 0.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,708 shares of the company’s stock after selling 551 shares during the quarter. Acadian Asset Management LLC owned 0.24% of AMN Healthcare Services worth $5,606,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. bought a new stake in AMN Healthcare Services in the 4th quarter valued at $5,361,000. Pacer Advisors Inc. lifted its holdings in shares of AMN Healthcare Services by 145.8% in the fourth quarter. Pacer Advisors Inc. now owns 1,396,603 shares of the company’s stock valued at $104,578,000 after purchasing an additional 828,390 shares in the last quarter. Boston Partners boosted its position in shares of AMN Healthcare Services by 102.7% during the fourth quarter. Boston Partners now owns 2,884,550 shares of the company’s stock worth $216,038,000 after buying an additional 1,461,541 shares during the period. Bridgewater Associates LP grew its holdings in shares of AMN Healthcare Services by 12.2% during the fourth quarter. Bridgewater Associates LP now owns 241,047 shares of the company’s stock worth $18,050,000 after buying an additional 26,300 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in AMN Healthcare Services in the 4th quarter valued at approximately $1,006,000. Institutional investors and hedge funds own 99.23% of the company’s stock.
Analysts Set New Price Targets
AMN has been the topic of a number of research reports. JMP Securities reissued a “market outperform” rating and issued a $75.00 price objective on shares of AMN Healthcare Services in a research report on Friday, May 10th. BMO Capital Markets reduced their price objective on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a research note on Monday, May 13th. Benchmark reaffirmed a “hold” rating on shares of AMN Healthcare Services in a research report on Tuesday, May 28th. Truist Financial dropped their target price on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Finally, StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Five equities research analysts have rated the stock with a hold rating and four 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 an average target price of $75.57.
View Our Latest Research Report on AMN
AMN Healthcare Services Stock Up 0.4 %
AMN opened at $57.25 on Tuesday. The stock has a fifty day moving average of $53.90 and a 200-day moving average of $60.76. The company has a market capitalization of $2.18 billion, a P/E ratio of 15.39 and a beta of 0.13. AMN Healthcare Services, Inc. has a fifty-two week low of $46.74 and a fifty-two week high of $112.31. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.27 and a current ratio of 1.27.
AMN Healthcare Services (NYSE:AMN – Get Free Report) last announced its earnings results on Thursday, May 9th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $820.90 million for the quarter, compared to analyst estimates of $816.54 million. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. The business’s revenue was down 27.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.49 EPS. On average, equities analysts expect that AMN Healthcare Services, Inc. will post 3.15 EPS for the current year.
AMN Healthcare Services Profile
(Free Report)
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.
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