American Century Companies Inc. Decreases Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

American Century Companies Inc. reduced its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 89.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,246 shares of the company’s stock after selling 613,993 shares during the period. American Century Companies Inc. owned approximately 0.18% of AMN Healthcare Services worth $1,656,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. raised its stake in shares of AMN Healthcare Services by 285.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock valued at $1,901,000 after purchasing an additional 58,830 shares during the period. Equitable Trust Co. grew its holdings in AMN Healthcare Services by 125.4% during the 4th quarter. Equitable Trust Co. now owns 21,526 shares of the company’s stock valued at $515,000 after purchasing an additional 11,974 shares in the last quarter. Thompson Investment Management Inc. increased its stake in AMN Healthcare Services by 381.8% during the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock worth $7,095,000 after buying an additional 235,067 shares during the period. WCM Investment Management LLC lifted its holdings in AMN Healthcare Services by 98.8% in the 4th 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. Finally, Barclays PLC boosted its position in AMN Healthcare Services by 279.2% in the 3rd quarter. Barclays PLC now owns 91,801 shares of the company’s stock valued at $3,891,000 after buying an additional 67,595 shares during the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. JMP Securities reissued a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. Truist Financial reduced their price target on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Finally, BMO Capital Markets decreased their price target 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. 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $41.17.

AMN Healthcare Services Stock Up 6.5 %

Shares of AMN stock opened at $20.74 on Thursday. AMN Healthcare Services, Inc. has a 12 month low of $18.63 and a 12 month high of $70.07. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The firm has a market cap of $792.04 million, a PE ratio of -5.39 and a beta of -0.03. The stock has a 50 day moving average of $24.39 and a 200-day moving average of $28.63.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.52 by $0.23. The firm had revenue of $734.71 million during the quarter, compared to analysts’ expectations of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. On average, equities analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

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.