Mackenzie Financial Corp Has $789,000 Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Mackenzie Financial Corp lifted its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 7.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,535 shares of the company’s stock after buying an additional 697 shares during the period. Mackenzie Financial Corp’s holdings in AMN Healthcare Services were worth $789,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. acquired a new position in shares of AMN Healthcare Services during the 3rd quarter worth $211,000. Quantbot Technologies LP acquired a new position in AMN Healthcare Services in the 3rd quarter worth about $240,000. Belpointe Asset Management LLC increased its holdings in AMN Healthcare Services by 7.3% in the 3rd quarter. Belpointe Asset Management LLC now owns 3,219 shares of the company’s stock worth $274,000 after purchasing an additional 218 shares in the last quarter. NBC Securities Inc. acquired a new position in AMN Healthcare Services in the 3rd quarter worth about $296,000. Finally, Pathstone Family Office LLC increased its holdings in AMN Healthcare Services by 53.6% in the 3rd quarter. Pathstone Family Office LLC now owns 4,284 shares of the company’s stock worth $365,000 after purchasing an additional 1,495 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on AMN. StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday. BMO Capital Markets lowered their target price on AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating for the company in a report on Tuesday, February 20th. JMP Securities lowered their target price on AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating for the company in a report on Monday, February 26th. Finally, Truist Financial reduced their price target on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, AMN Healthcare Services presently has an average rating of “Hold” and a consensus target price of $85.00.

AMN Healthcare Services Trading Down 1.6 %

NYSE AMN opened at $56.27 on Friday. The business’s 50-day moving average price is $59.08 and its two-hundred day moving average price is $67.76. AMN Healthcare Services, Inc. has a 12 month low of $53.77 and a 12 month high of $112.44. The firm has a market capitalization of $2.13 billion, a PE ratio of 10.64 and a beta of 0.22. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.57.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, February 15th. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.25 by $0.07. AMN Healthcare Services had a return on equity of 38.29% and a net margin of 5.56%. The company had revenue of $818.27 million for the quarter, compared to analyst estimates of $803.14 million. During the same quarter in the prior year, the company earned $2.48 EPS. The firm’s revenue for the quarter was down 27.3% compared to the same quarter last year. On average, analysts expect that AMN Healthcare Services, Inc. will post 3.86 EPS for the current year.

Insider Activity at AMN Healthcare Services

In other AMN Healthcare Services news, CEO Caroline Grace bought 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were bought at an average price of $56.68 per share, for a total transaction of $991,900.00. Following the transaction, the chief executive officer now directly owns 27,178 shares in the company, valued at $1,540,449.04. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Jeffrey R. Knudson purchased 6,951 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were acquired at an average price of $57.75 per share, for a total transaction of $401,420.25. Following the completion of the acquisition, the chief financial officer now owns 27,804 shares in the company, valued at $1,605,681. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Caroline Grace purchased 17,500 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was purchased at an average price of $56.68 per share, for a total transaction of $991,900.00. Following the acquisition, the chief executive officer now owns 27,178 shares of the company’s stock, valued at approximately $1,540,449.04. The disclosure for this purchase can be found here. Insiders have acquired a total of 26,626 shares of company stock worth $1,516,899 in the last 90 days. Corporate insiders own 0.93% of the company’s stock.

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.