Nia Impact Advisors LLC lifted its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN – Free Report) by 17.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,645 shares of the company’s stock after purchasing an additional 6,477 shares during the quarter. AMN Healthcare Services accounts for approximately 2.0% of Nia Impact Advisors LLC’s portfolio, making the stock its 26th largest position. Nia Impact Advisors LLC owned about 0.11% of AMN Healthcare Services worth $3,704,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of AMN. Renaissance Technologies LLC lifted its holdings in shares of AMN Healthcare Services by 1,181.5% during the 1st quarter. Renaissance Technologies LLC now owns 540,800 shares of the company’s stock worth $56,422,000 after acquiring an additional 498,600 shares during the last quarter. Norges Bank bought a new stake in shares of AMN Healthcare Services during the 4th quarter worth $49,022,000. Citigroup Inc. lifted its holdings in shares of AMN Healthcare Services by 759.1% during the 4th quarter. Citigroup Inc. now owns 261,347 shares of the company’s stock worth $26,872,000 after acquiring an additional 230,925 shares during the last quarter. Driehaus Capital Management LLC lifted its holdings in shares of AMN Healthcare Services by 76.8% during the 4th quarter. Driehaus Capital Management LLC now owns 494,648 shares of the company’s stock worth $50,860,000 after acquiring an additional 214,863 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in shares of AMN Healthcare Services by 86.3% during the 1st quarter. Pacer Advisors Inc. now owns 456,715 shares of the company’s stock worth $37,889,000 after acquiring an additional 211,605 shares during the last quarter. Hedge funds and other institutional investors own 96.35% of the company’s stock.
AMN Healthcare Services Trading Down 0.9 %
AMN stock traded down $0.97 during midday trading on Thursday, hitting $104.44. The company had a trading volume of 730,888 shares, compared to its average volume of 754,522. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.03. AMN Healthcare Services, Inc. has a 52 week low of $81.15 and a 52 week high of $129.04. The stock’s 50 day moving average price is $104.89 and its 200 day moving average price is $96.10. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 3.87 and a beta of 0.38.
AMN Healthcare Services (NYSE:AMN – Get Free Report) last issued its quarterly earnings data on Thursday, May 4th. The company reported $2.49 EPS for the quarter, beating the consensus estimate of $2.36 by $0.13. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.11 billion. AMN Healthcare Services had a net margin of 7.93% and a return on equity of 45.31%. The company’s quarterly revenue was down 27.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.49 earnings per share. As a group, equities research analysts expect that AMN Healthcare Services, Inc. will post 8.35 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Daphne E. Jones sold 1,000 shares of AMN Healthcare Services stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $109.57, for a total value of $109,570.00. Following the sale, the director now owns 7,799 shares in the company, valued at $854,536.43. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.77% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on AMN shares. Robert W. Baird dropped their target price on AMN Healthcare Services from $111.00 to $100.00 in a research report on Friday, May 5th. BMO Capital Markets dropped their target price on AMN Healthcare Services from $100.00 to $98.00 in a research report on Monday, May 8th. StockNews.com started coverage on shares of AMN Healthcare Services in a research report on Thursday, May 18th. They set a “hold” rating for the company. Truist Financial cut their price target on shares of AMN Healthcare Services from $140.00 to $105.00 in a research report on Tuesday, May 2nd. Finally, Credit Suisse Group cut their price target on shares of AMN Healthcare Services from $128.00 to $115.00 in a research report on Friday, May 5th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $113.20.
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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