Yousif Capital Management LLC Has $1.41 Million Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Yousif Capital Management LLC lessened its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 5.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,834 shares of the company’s stock after selling 1,076 shares during the quarter. Yousif Capital Management LLC’s holdings in AMN Healthcare Services were worth $1,410,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Boston Partners raised its holdings in shares of AMN Healthcare Services by 27.5% in the third quarter. Boston Partners now owns 1,423,009 shares of the company’s stock valued at $120,774,000 after purchasing an additional 307,183 shares during the last quarter. Pacer Advisors Inc. grew its position in AMN Healthcare Services by 145.8% in the fourth quarter. Pacer Advisors Inc. now owns 1,396,603 shares of the company’s stock valued at $104,578,000 after purchasing an additional 828,390 shares in the last quarter. Federated Hermes Inc. increased its stake in AMN Healthcare Services by 2.3% in the 3rd quarter. Federated Hermes Inc. now owns 734,204 shares of the company’s stock valued at $62,539,000 after buying an additional 16,449 shares during the last quarter. Teacher Retirement System of Texas lifted its position in AMN Healthcare Services by 3,287.3% during the 3rd quarter. Teacher Retirement System of Texas now owns 555,990 shares of the company’s stock worth $47,359,000 after buying an additional 539,576 shares in the last quarter. Finally, WCM Investment Management LLC boosted its stake in shares of AMN Healthcare Services by 86.9% during the 4th quarter. WCM Investment Management LLC now owns 368,192 shares of the company’s stock worth $27,659,000 after buying an additional 171,217 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.

Insiders Place Their Bets

In other news, Director Jorge A. Caballero bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were bought at an average price of $56.80 per share, with a total value of $113,600.00. Following the completion of the transaction, the director now owns 2,437 shares of the company’s stock, valued at $138,421.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Jorge A. Caballero acquired 2,000 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was purchased at an average cost of $56.80 per share, with a total value of $113,600.00. Following the acquisition, the director now directly owns 2,437 shares of the company’s stock, valued at $138,421.60. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Caroline Grace bought 17,500 shares of AMN Healthcare Services stock in a transaction dated Tuesday, February 27th. The shares were bought at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the completion of the acquisition, the chief executive officer now owns 27,178 shares in the company, valued at approximately $1,540,449.04. The disclosure for this purchase can be found here. Insiders purchased 26,626 shares of company stock worth $1,516,899 over the last three months. Insiders own 0.93% of the company’s stock.

AMN Healthcare Services Stock Up 0.5 %

AMN opened at $60.21 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.57. The stock’s fifty day simple moving average is $59.05 and its 200 day simple moving average is $67.16. AMN Healthcare Services, Inc. has a 1-year low of $53.77 and a 1-year high of $112.44. The stock has a market cap of $2.28 billion, a PE ratio of 11.38 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, February 15th. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.07. The company had revenue of $818.27 million during the quarter, compared to analysts’ expectations of $803.14 million. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. AMN Healthcare Services’s quarterly revenue was down 27.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.48 EPS. As a group, research analysts expect that AMN Healthcare Services, Inc. will post 3.86 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on AMN. Truist Financial lowered their target price on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd. BMO Capital Markets dropped their price objective on AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th. StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, April 23rd. JMP Securities lowered their target price on shares of AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating on the stock in a report on Monday, February 26th. Finally, Benchmark reaffirmed a “hold” rating on shares of AMN Healthcare Services in a research report on Thursday. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $85.00.

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.