AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by NBC Securities Inc.

NBC Securities Inc. lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 109,000.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,455 shares of the company’s stock after purchasing an additional 5,450 shares during the period. NBC Securities Inc.’s holdings in AMN Healthcare Services were worth $133,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake 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 worth $106,082,000 after buying an additional 108,284 shares during the last quarter. Newtyn Management LLC bought a new stake in shares of AMN Healthcare Services in the fourth quarter worth $28,417,000. Charles Schwab Investment Management Inc. increased its stake in shares of AMN Healthcare Services by 32.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company’s stock worth $21,222,000 after buying an additional 217,643 shares during the last quarter. Northern Trust Corp increased its stake in shares of AMN Healthcare Services by 30.0% in the fourth quarter. Northern Trust Corp now owns 641,106 shares of the company’s stock worth $15,335,000 after buying an additional 148,116 shares during the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of AMN Healthcare Services by 228.8% in the fourth quarter. Two Sigma Investments LP now owns 532,694 shares of the company’s stock worth $12,742,000 after buying an additional 370,691 shares during the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMN has been the subject of several recent research reports. Truist Financial lowered their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Wall Street Zen upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. UBS Group lowered their target price on shares of AMN Healthcare Services from $30.00 to $25.50 and set a “neutral” rating for the company in a research note on Tuesday, May 13th. Finally, BMO Capital Markets lowered their target price on shares of 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 given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $32.08.

AMN Healthcare Services Stock Up 1.2%

AMN Healthcare Services stock opened at $21.36 on Tuesday. The company has a 50-day simple moving average of $20.39 and a 200-day simple moving average of $23.75. The firm has a market capitalization of $817.84 million, a P/E ratio of -5.55 and a beta of 0.19. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. AMN Healthcare Services, Inc. has a one year low of $17.45 and a one year high of $70.07.

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

About AMN Healthcare Services

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.