Axa S.A. Takes $275,000 Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Axa S.A. purchased a new position in AMN Healthcare Services, Inc. (NYSE:AMNFree Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 11,490 shares of the company’s stock, valued at approximately $275,000.

Other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in shares of AMN Healthcare Services by 33.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock valued at $36,000 after buying an additional 377 shares during the period. Blue Trust Inc. raised its stake in AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock valued at $57,000 after acquiring an additional 754 shares during the period. KBC Group NV lifted its holdings in AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company’s stock valued at $59,000 after purchasing an additional 1,303 shares during the last quarter. Covestor Ltd boosted its position in AMN Healthcare Services by 41.0% during the fourth quarter. Covestor Ltd now owns 2,914 shares of the company’s stock worth $70,000 after purchasing an additional 848 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of AMN Healthcare Services by 189.6% in the fourth quarter. GAMMA Investing LLC now owns 3,018 shares of the company’s stock worth $72,000 after purchasing an additional 1,976 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 8.2 %

Shares of AMN stock opened at $21.99 on Friday. The company has a market capitalization of $839.78 million, a PE ratio of -5.71 and a beta of 0.16. AMN Healthcare Services, Inc. has a 52-week low of $17.45 and a 52-week high of $70.07. The business’s fifty day moving average is $21.82 and its 200 day moving average is $25.44. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09.

AMN Healthcare Services (NYSE:AMNGet Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.26. The firm had revenue of $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The company’s revenue for the quarter was down 16.0% on a year-over-year basis. During the same quarter last year, the company posted $0.97 EPS. On average, equities research analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AMN. Truist Financial dropped their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating on the stock in a research note on Tuesday, April 15th. BMO Capital Markets cut their price target on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a report on Monday, February 24th. JMP Securities reiterated 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, StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, AMN Healthcare Services currently has a consensus rating of “Hold” and a consensus price target of $38.67.

Get Our Latest Stock Report on AMN

About AMN Healthcare Services

(Free Report)

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.

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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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