LSV Asset Management Trims Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

LSV Asset Management decreased its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 143,420 shares of the company’s stock after selling 4,350 shares during the period. LSV Asset Management owned 0.38% of AMN Healthcare Services worth $3,431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital Fund Management S.A. purchased a new stake in shares of AMN Healthcare Services in the 4th quarter worth $2,228,000. CenterBook Partners LP bought a new stake in shares of AMN Healthcare Services in the fourth quarter valued at about $1,276,000. Raymond James Financial Inc. purchased a new stake in AMN Healthcare Services in the fourth quarter worth about $1,950,000. Renaissance Technologies LLC grew its holdings in AMN Healthcare Services by 77.0% during the 4th quarter. Renaissance Technologies LLC now owns 122,500 shares of the company’s stock worth $2,930,000 after acquiring an additional 53,300 shares in the last quarter. Finally, Invesco Ltd. increased its position in AMN Healthcare Services by 92.4% during the 4th quarter. Invesco Ltd. now owns 388,564 shares of the company’s stock valued at $9,294,000 after purchasing an additional 186,630 shares during the period. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Stock Down 0.7 %

AMN Healthcare Services stock opened at $19.10 on Monday. AMN Healthcare Services, Inc. has a 1-year low of $18.15 and a 1-year high of $70.07. The business has a fifty day moving average price of $24.09 and a 200-day moving average price of $28.22. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The stock has a market capitalization of $729.45 million, a price-to-earnings ratio of -4.96 and a beta of -0.03.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping 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 business had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. Equities research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AMN shares. StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. 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. 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. Finally, Truist Financial dropped their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $41.17.

AMN Healthcare Services 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.