AMN Healthcare Services Inc $AMN Stock Sold by DBA Trading LLC

DBA Trading LLC reduced its position in AMN Healthcare Services Inc (NYSE:AMN) by 54.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,000 shares of the company’s stock after selling 47,000 shares during the period. AMN Healthcare Services comprises 2.4% of DBA Trading LLC’s investment portfolio, making the stock its 10th biggest position. DBA Trading LLC owned approximately 0.10% of AMN Healthcare Services worth $1,435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fulcrum Asset Management LLP acquired a new position in shares of AMN Healthcare Services during the 3rd quarter worth approximately $56,000. Allspring Global Investments Holdings LLC increased its position in AMN Healthcare Services by 4.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 38,885 shares of the company’s stock worth $1,394,000 after buying an additional 1,525 shares in the last quarter. Pictet Asset Management Holding SA purchased a new stake in AMN Healthcare Services during the 3rd quarter worth about $204,000. CenterBook Partners LP grew its holdings in shares of AMN Healthcare Services by 23.8% during the third quarter. CenterBook Partners LP now owns 62,069 shares of the company’s stock worth $2,226,000 after buying an additional 11,915 shares in the last quarter. Finally, Heritage Family Offices LLP acquired a new position in AMN Healthcare Services in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AMN shares. Citigroup restated an “outperform” rating on shares of AMN Healthcare Services in a report on Friday, August 14th. UBS Group lifted their price target on AMN Healthcare Services from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Wall Street Zen downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Tuesday, August 25th. Truist Financial upped their price target on AMN Healthcare Services from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Monday. Finally, Citizens Jmp lifted their price objective on shares of AMN Healthcare Services from $40.00 to $51.00 and gave the stock a “market outperform” rating in a report on Friday, November 6th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $39.17.

AMN Healthcare Services Price Performance

Shares of NYSE AMN opened at $37.80 on Wednesday. AMN Healthcare Services Inc has a 1-year low of $14.97 and a 1-year high of $49.62. The firm has a market capitalization of $1.46 billion, a PE ratio of 8.87, a P/E/G ratio of 5.07 and a beta of 0.42. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.21 and a quick ratio of 1.13. The business’s fifty day moving average price is $38.33 and its two-hundred day moving average price is $29.25.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, November 5th. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.93. AMN Healthcare Services had a net margin of 3.10% and a return on equity of 23.42%. The firm had revenue of $717.27 million for the quarter, compared to the consensus estimate of $649.55 million. During the same period last year, the firm posted $0.39 EPS. AMN Healthcare Services’s quarterly revenue was up 13.0% compared to the same quarter last year. On average, research analysts expect that AMN Healthcare Services Inc will post 3.87 EPS for the current year.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc. is a healthcare workforce solutions company that helps healthcare organizations recruit and manage clinical and nonclinical staff. Its clients include hospitals, health systems, physician groups and other care providers. The company’s services include temporary and permanent staffing for nurses, physicians and allied healthcare professionals; locum tenens staffing; and workforce management programs. AMN also provides language interpretation and related services, as well as technology and consulting solutions to support workforce planning and recruitment.