AMN Healthcare Services Inc (NYSE:AMN) Shares Acquired by US Bancorp DE

US Bancorp DE increased its stake in AMN Healthcare Services Inc (NYSE:AMN) by 29.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,462 shares of the company’s stock after acquiring an additional 2,155 shares during the period. US Bancorp DE’s holdings in AMN Healthcare Services were worth $231,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AMN. Golden State Wealth Management LLC raised its stake in shares of AMN Healthcare Services by 107.0% in the first quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company’s stock valued at $28,000 after acquiring an additional 599 shares in the last quarter. LRI Investments LLC raised its stake in shares of AMN Healthcare Services by 368.2% in the fourth quarter. LRI Investments LLC now owns 1,620 shares of the company’s stock valued at $39,000 after acquiring an additional 1,274 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of AMN Healthcare Services by 74.9% in the first quarter. GAMMA Investing LLC now owns 5,278 shares of the company’s stock valued at $129,000 after acquiring an additional 2,260 shares in the last quarter. NBC Securities Inc. raised its stake in shares of AMN Healthcare Services by 109,000.0% in the first quarter. NBC Securities Inc. now owns 5,455 shares of the company’s stock valued at $133,000 after acquiring an additional 5,450 shares in the last quarter. Finally, Quarry LP lifted its stake in AMN Healthcare Services by 180.4% in the fourth quarter. Quarry LP now owns 5,624 shares of the company’s stock worth $135,000 after acquiring an additional 3,618 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMN has been the subject of a number of recent research reports. BMO Capital Markets set a $22.00 price target on shares of AMN Healthcare Services and gave the stock an “outperform” rating in a research note on Monday. UBS Group decreased their price target 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, JMP Securities decreased their price target on shares of AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating for the company in a research note on Tuesday. One investment 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 data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $28.25.

AMN Healthcare Services Stock Down 0.2%

AMN stock opened at $18.60 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.08 and a debt-to-equity ratio of 1.51. AMN Healthcare Services Inc has a twelve month low of $14.86 and a twelve month high of $54.01. The company’s 50 day moving average is $20.27 and its two-hundred day moving average is $21.92. The stock has a market cap of $712.56 million, a P/E ratio of -2.39 and a beta of 0.10.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.13. The company had revenue of $658.18 million for the quarter, compared to analysts’ expectations of $652.89 million. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. The firm’s revenue for the quarter was down 11.1% on a year-over-year basis. During the same quarter last year, the company earned $0.98 earnings per share. Research analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal year.

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.