Deutsche Bank AG Sells 66,379 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Deutsche Bank AG trimmed its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 41.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 93,408 shares of the company’s stock after selling 66,379 shares during the quarter. Deutsche Bank AG owned about 0.25% of AMN Healthcare Services worth $2,234,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AMN. Jones Financial Companies Lllp raised its stake in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after acquiring an additional 377 shares in the last quarter. Blue Trust Inc. boosted its stake in AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock valued at $57,000 after acquiring an additional 754 shares in the last quarter. KBC Group NV grew its holdings in AMN Healthcare Services by 110.9% in the fourth quarter. KBC Group NV now owns 2,478 shares of the company’s stock worth $59,000 after purchasing an additional 1,303 shares during the last quarter. Covestor Ltd increased its position in shares of AMN Healthcare Services by 41.0% during the fourth quarter. Covestor Ltd now owns 2,914 shares of the company’s stock worth $70,000 after purchasing an additional 848 shares in the last quarter. Finally, Quarry LP increased its position in shares of AMN Healthcare Services by 180.4% during the fourth quarter. Quarry LP now owns 5,624 shares of the company’s stock worth $135,000 after purchasing an additional 3,618 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors.

AMN Healthcare Services Stock Performance

Shares of AMN stock opened at $21.68 on Friday. The business has a fifty day moving average of $21.18 and a 200 day moving average of $24.49. AMN Healthcare Services, Inc. has a 1 year low of $17.45 and a 1 year high of $70.07. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The firm has a market capitalization of $830.02 million, a price-to-earnings ratio of -5.63 and a beta of 0.16.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The business had revenue of $689.53 million for the quarter, compared to analyst estimates of $670.08 million. During the same period in the prior year, the company earned $0.97 earnings per share. The company’s revenue was down 16.0% on a year-over-year basis. As a group, research analysts expect that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. BMO Capital Markets lowered their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research report on Monday, February 24th. Wall Street Zen upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. 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. UBS Group cut their price objective on shares of AMN Healthcare Services from $30.00 to $25.50 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Finally, Truist Financial decreased their price objective on shares of AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $32.08.

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.