Koss Olinger Consulting LLC Acquires Shares of 16,877 AMN Healthcare Services, Inc. (NYSE:AMN)

Koss Olinger Consulting LLC acquired a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the fourth quarter, Holdings Channel reports. The fund acquired 16,877 shares of the company’s stock, valued at approximately $404,000.

Other hedge funds also recently bought and sold shares of the company. Truvestments Capital LLC purchased a new stake in AMN Healthcare Services during the third quarter valued at about $30,000. Jones Financial Companies Lllp lifted its position in shares of AMN Healthcare Services by 33.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after purchasing an additional 377 shares in the last quarter. Blue Trust Inc. lifted its position in shares of AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock worth $57,000 after purchasing an additional 754 shares in the last quarter. KBC Group NV lifted its position in shares of AMN Healthcare Services by 110.9% in the fourth quarter. KBC Group NV now owns 2,478 shares of the company’s stock worth $59,000 after purchasing an additional 1,303 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of AMN Healthcare Services by 189.6% in the fourth quarter. GAMMA Investing LLC now owns 3,018 shares of the company’s stock worth $72,000 after purchasing an additional 1,976 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Price Performance

Shares of AMN opened at $24.55 on Thursday. The firm has a market cap of $937.35 million, a PE ratio of -6.38 and a beta of 0.15. The firm’s 50 day moving average price is $25.91 and its 200 day moving average price is $31.45. 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, Inc. has a twelve month low of $22.47 and a twelve month high of $70.07.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.75 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 the consensus estimate of $694.38 million. As a group, research analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on AMN. JMP Securities reissued 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. 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, StockNews.com lowered shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $41.17.

About AMN Healthcare Services

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.