MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Trims Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lessened its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 10.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,785 shares of the company’s stock after selling 5,042 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.11% of AMN Healthcare Services worth $999,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. WCM Investment Management LLC grew its holdings in shares of AMN Healthcare Services by 98.8% during the fourth 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. Invenomic Capital Management LP boosted its position in AMN Healthcare Services by 406.3% during the fourth quarter. Invenomic Capital Management LP now owns 401,807 shares of the company’s stock worth $9,611,000 after acquiring an additional 322,445 shares during the last quarter. Thompson Investment Management Inc. grew its stake in AMN Healthcare Services by 381.8% in the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock worth $7,095,000 after acquiring an additional 235,067 shares during the period. Charles Schwab Investment Management Inc. grew its stake in AMN Healthcare Services by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company’s stock worth $21,222,000 after acquiring an additional 217,643 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in AMN Healthcare Services by 188.4% in the 4th quarter. Wells Fargo & Company MN now owns 301,390 shares of the company’s stock valued at $7,209,000 after acquiring an additional 196,882 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Stock Performance

NYSE AMN opened at $20.78 on Monday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a 1-year low of $17.45 and a 1-year high of $70.07. The firm has a market capitalization of $795.60 million, a P/E ratio of -5.40 and a beta of 0.16. The business’s 50-day simple moving average is $21.09 and its 200-day simple moving average is $24.13.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results 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 negative net margin of 4.93% and a positive return on equity of 15.22%. The firm had revenue of $689.53 million for the quarter, compared to analysts’ expectations of $670.08 million. During the same period in the previous year, the company posted $0.97 earnings per share. AMN Healthcare Services’s revenue was down 16.0% compared to the same quarter last year. Equities analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AMN shares. UBS Group decreased their price objective on AMN Healthcare Services from $30.00 to $25.50 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Wall Street Zen raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. BMO Capital Markets lowered their price target on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a report on Monday, February 24th. JMP Securities reiterated a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. 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, April 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, AMN Healthcare Services has a consensus rating of “Hold” and an average price target of $32.08.

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.