Ensign Peak Advisors Inc Trims Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Ensign Peak Advisors Inc reduced its stake in AMN Healthcare Services, Inc. (NYSE:AMN – Get Rating) by 14.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,027 shares of the company’s stock after selling 2,160 shares during the quarter. Ensign Peak Advisors Inc’s holdings in AMN Healthcare Services were worth $1,380,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of AMN Healthcare Services by 1.1% in the first quarter. Vanguard Group Inc. now owns 5,662,414 shares of the company’s stock valued at $590,760,000 after acquiring an additional 59,967 shares in the last quarter. State Street Corp lifted its position in shares of AMN Healthcare Services by 3.7% in the first quarter. State Street Corp now owns 1,555,978 shares of the company’s stock valued at $162,335,000 after acquiring an additional 56,075 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of AMN Healthcare Services by 12.9% in the first quarter. Federated Hermes Inc. now owns 1,160,843 shares of the company’s stock valued at $121,110,000 after acquiring an additional 132,587 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of AMN Healthcare Services by 469.5% in the third quarter. Point72 Asset Management L.P. now owns 796,700 shares of the company’s stock valued at $84,418,000 after acquiring an additional 656,800 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of AMN Healthcare Services by 113.2% in the third quarter. Renaissance Technologies LLC now owns 703,200 shares of the company’s stock valued at $74,511,000 after acquiring an additional 373,400 shares in the last quarter. 96.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMN has been the subject of several analyst reports. Benchmark reiterated a “buy” rating and issued a $148.00 target price on shares of AMN Healthcare Services in a research note on Monday, February 13th. Robert W. Baird dropped their target price on AMN Healthcare Services from $134.00 to $111.00 and set a “neutral” rating for the company in a research note on Friday, February 17th. Credit Suisse Group reiterated an “outperform” rating and issued a $147.00 target price on shares of AMN Healthcare Services in a research note on Friday, February 17th. StockNews.com lowered AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Friday, March 3rd. Finally, BMO Capital Markets dropped their target price on AMN Healthcare Services from $130.00 to $109.00 and set an “outperform” rating for the company in a research note on Tuesday, February 21st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $131.00.

Insider Transactions at AMN Healthcare Services

In other news, insider Denise L. Jackson sold 1,002 shares of the company’s stock in a transaction dated Friday, January 6th. The stock was sold at an average price of $109.30, for a total value of $109,518.60. Following the completion of the sale, the insider now owns 18,079 shares of the company’s stock, valued at $1,976,034.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, insider Denise L. Jackson sold 1,002 shares of the company’s stock in a transaction dated Friday, January 6th. The stock was sold at an average price of $109.30, for a total value of $109,518.60. Following the completion of the sale, the insider now owns 18,079 shares of the company’s stock, valued at $1,976,034.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Denise L. Jackson sold 4,001 shares of the company’s stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $110.76, for a total value of $443,150.76. Following the completion of the sale, the insider now directly owns 14,078 shares of the company’s stock, valued at approximately $1,559,279.28. The disclosure for this sale can be found here. Company insiders own 0.80% of the company’s stock.

AMN Healthcare Services Stock Performance

Shares of NYSE:AMN opened at $87.56 on Friday. The firm has a market capitalization of $3.60 billion, a PE ratio of 8.90, a P/E/G ratio of 3.26 and a beta of 0.34. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.27 and a quick ratio of 1.27. The business has a 50-day moving average of $97.51 and a two-hundred day moving average of $106.87. AMN Healthcare Services, Inc. has a 12 month low of $82.75 and a 12 month high of $129.04.

AMN Healthcare Services (NYSE:AMN – Get Rating) last announced its quarterly earnings results on Thursday, February 16th. The company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.17 by $0.31. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.07 billion. AMN Healthcare Services had a return on equity of 49.69% and a net margin of 8.47%. The firm’s revenue was down 17.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.95 earnings per share. As a group, research analysts forecast that AMN Healthcare Services, Inc. will post 8.28 earnings per share for the current year.

About AMN Healthcare Services

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AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. It operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.