AMN Healthcare Services, Inc. (NYSE:AMN) Stake Trimmed by Isthmus Partners LLC

Isthmus Partners LLC trimmed its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 13.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 33,973 shares of the company’s stock after selling 5,148 shares during the period. Isthmus Partners LLC’s holdings in AMN Healthcare Services were worth $813,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. AlphaQuest LLC increased its position in AMN Healthcare Services by 12.1% during the fourth quarter. AlphaQuest LLC now owns 8,840 shares of the company’s stock worth $211,000 after buying an additional 954 shares during the last quarter. Amundi increased its position in shares of AMN Healthcare Services by 175.6% during the fourth quarter. Amundi now owns 18,439 shares of the company’s stock valued at $489,000 after purchasing an additional 11,749 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of AMN Healthcare Services during the 4th quarter valued at about $1,950,000. Proficio Capital Partners LLC bought a new stake in shares of AMN Healthcare Services in the 4th quarter valued at approximately $264,000. Finally, Victory Capital Management Inc. raised its stake in AMN Healthcare Services by 145.9% during the fourth quarter. Victory Capital Management Inc. now owns 33,054 shares of the company’s stock worth $791,000 after acquiring an additional 19,614 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

AMN Healthcare Services Price Performance

AMN stock opened at $26.46 on Monday. 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 business has a 50-day simple moving average of $25.84 and a two-hundred day simple moving average of $32.83. The company has a market capitalization of $1.01 billion, a P/E ratio of -6.87 and a beta of 0.15. AMN Healthcare Services, Inc. has a 52-week low of $22.47 and a 52-week 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 analysts’ consensus estimates 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 firm had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. Research analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AMN. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. JMP Securities reissued 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. Truist Financial dropped their target price on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, February 21st. BMO Capital Markets dropped 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. Finally, Jefferies Financial Group decreased their price objective on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, AMN Healthcare Services presently has a consensus rating of “Hold” and an average price target 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.