AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. grew its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 42.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,854 shares of the company’s stock after purchasing an additional 8,363 shares during the period. Franklin Resources Inc. owned approximately 0.07% of AMN Healthcare Services worth $666,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Allianz SE acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at about $1,707,000. Orion Portfolio Solutions LLC purchased a new stake in AMN Healthcare Services during the fourth quarter worth $505,000. Mitsubishi UFJ Trust & Banking Corp boosted its position in AMN Healthcare Services by 40.4% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 93,393 shares of the company’s stock worth $2,234,000 after purchasing an additional 26,879 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in AMN Healthcare Services in the fourth quarter valued at $380,000. Finally, Vanguard Group Inc. increased its position in shares of AMN Healthcare Services by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company’s stock valued at $106,082,000 after buying an additional 108,284 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

AMN Healthcare Services Trading Down 3.4 %

Shares of NYSE AMN opened at $18.32 on Thursday. AMN Healthcare Services, Inc. has a 12-month low of $18.10 and a 12-month high of $70.07. The company has a market cap of $699.62 million, a price-to-earnings ratio of -4.76 and a beta of -0.03. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. The stock’s 50 day simple moving average is $23.68 and its 200 day simple moving average is $27.93.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. JMP Securities reissued a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. BMO Capital Markets decreased their price target on shares of AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, March 25th. Finally, Truist Financial decreased their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, AMN Healthcare Services currently has an average rating of “Hold” and a consensus price target of $38.67.

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.