AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by Mission Wealth Management LP

Mission Wealth Management LP lifted its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 58.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,700 shares of the company’s stock after buying an additional 6,548 shares during the quarter. Mission Wealth Management LP’s holdings in AMN Healthcare Services were worth $423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AMN. FMR LLC grew its position in shares of AMN Healthcare Services by 152.4% during the third quarter. FMR LLC now owns 4,640,599 shares of the company’s stock worth $196,715,000 after buying an additional 2,801,663 shares in the last quarter. WCM Investment Management LLC grew its position in shares of AMN Healthcare Services by 98.8% during the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock worth $26,367,000 after buying an additional 550,427 shares in the last quarter. Reinhart Partners LLC. acquired a new position in shares of AMN Healthcare Services during the fourth quarter worth about $12,341,000. Wellington Management Group LLP lifted its stake in AMN Healthcare Services by 54.5% during the third quarter. Wellington Management Group LLP now owns 773,015 shares of the company’s stock worth $32,768,000 after purchasing an additional 272,552 shares during the last quarter. Finally, Weiss Asset Management LP purchased a new stake in AMN Healthcare Services during the third quarter worth approximately $10,026,000. 99.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMN. Truist Financial decreased their target price on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a research note on Friday, February 21st. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Jefferies Financial Group decreased their target price on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. BMO Capital Markets decreased their target price on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research note on Monday, February 24th. Finally, StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $41.17.

AMN Healthcare Services Price Performance

Shares of NYSE AMN opened at $26.17 on Thursday. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a twelve month low of $22.47 and a twelve month high of $70.07. The stock has a 50 day moving average of $25.76 and a two-hundred day moving average of $33.31. The stock has a market cap of $999.37 million, a P/E ratio of -6.80 and a beta of 0.07.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $694.38 million. On average, research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

AMN Healthcare Services Company 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.