Nelson Van Denburg & Campbell Wealth Management Group LLC increased its holdings in AMN Healthcare Services, Inc. (NYSE:AMN – Free Report) by 6,206.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,829 shares of the company’s stock after buying an additional 1,800 shares during the quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in AMN Healthcare Services were worth $200,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. Renaissance Technologies LLC boosted its holdings in shares of AMN Healthcare Services by 1,181.5% in the first quarter. Renaissance Technologies LLC now owns 540,800 shares of the company’s stock valued at $56,422,000 after acquiring an additional 498,600 shares in the last quarter. Norges Bank acquired a new stake in shares of AMN Healthcare Services during the 4th quarter valued at $49,022,000. Jupiter Asset Management Ltd. boosted its stake in shares of AMN Healthcare Services by 337.0% during the 1st quarter. Jupiter Asset Management Ltd. now owns 447,990 shares of the company’s stock worth $37,147,000 after acquiring an additional 345,468 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of AMN Healthcare Services by 263.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 353,968 shares of the company’s stock worth $8,012,000 after acquiring an additional 256,584 shares during the last quarter. Finally, Driehaus Capital Management LLC lifted its holdings in shares of AMN Healthcare Services by 76.8% during the fourth quarter. Driehaus Capital Management LLC now owns 494,648 shares of the company’s stock valued at $50,860,000 after purchasing an additional 214,863 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on AMN. Credit Suisse Group cut their price objective on AMN Healthcare Services from $115.00 to $105.00 and set an “outperform” rating on the stock in a report on Friday, August 4th. Bank of America cut AMN Healthcare Services from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $112.00 to $104.00 in a research report on Friday, August 4th. StockNews.com assumed coverage on shares of AMN Healthcare Services in a report on Thursday, August 17th. They set a “hold” rating for the company. BMO Capital Markets dropped their price target on shares of AMN Healthcare Services from $114.00 to $106.00 and set an “outperform” rating on the stock in a research note on Monday, August 7th. Finally, Truist Financial boosted their target price on AMN Healthcare Services from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, August 4th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, AMN Healthcare Services presently has a consensus rating of “Moderate Buy” and an average target price of $112.17.
Get Our Latest Report on AMN Healthcare Services
AMN Healthcare Services Stock Down 0.1 %
AMN Healthcare Services stock opened at $85.18 on Monday. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.20 and a quick ratio of 1.20. AMN Healthcare Services, Inc. has a fifty-two week low of $81.15 and a fifty-two week high of $129.04. The firm has a fifty day moving average price of $90.61 and a two-hundred day moving average price of $93.93. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of 11.28, a P/E/G ratio of 3.17 and a beta of 0.41.
AMN Healthcare Services (NYSE:AMN – Get Free Report) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.24. The business had revenue of $991.30 million during the quarter, compared to analysts’ expectations of $988.32 million. AMN Healthcare Services had a return on equity of 42.90% and a net margin of 7.29%. The firm’s revenue was down 30.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.31 EPS. As a group, analysts forecast that AMN Healthcare Services, Inc. will post 8.07 earnings per share for the current year.
AMN Healthcare Services Company Profile
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals and 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, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions.
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