Invesco Ltd. lessened its stake in AMN Healthcare Services Inc (NYSE:AMN – Free Report) by 10.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 348,521 shares of the company’s stock after selling 40,043 shares during the period. Invesco Ltd. owned 0.91% of AMN Healthcare Services worth $8,525,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Cresset Asset Management LLC increased its position in AMN Healthcare Services by 5.6% in the 4th quarter. Cresset Asset Management LLC now owns 10,761 shares of the company’s stock valued at $257,000 after acquiring an additional 566 shares during the period. Golden State Wealth Management LLC increased its position in AMN Healthcare Services by 107.0% in the 1st 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 during the period. MetLife Investment Management LLC increased its position in AMN Healthcare Services by 4.4% in the 4th quarter. MetLife Investment Management LLC now owns 23,608 shares of the company’s stock valued at $565,000 after acquiring an additional 999 shares during the period. First National Advisers LLC increased its position in AMN Healthcare Services by 7.8% in the 1st quarter. First National Advisers LLC now owns 14,068 shares of the company’s stock valued at $344,000 after acquiring an additional 1,020 shares during the period. Finally, Aristeia Capital L.L.C. increased its position in AMN Healthcare Services by 10.2% in the 4th quarter. Aristeia Capital L.L.C. now owns 11,891 shares of the company’s stock valued at $284,000 after acquiring an additional 1,105 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.
AMN Healthcare Services Stock Performance
AMN opened at $20.69 on Tuesday. The stock has a market cap of $792.84 million, a P/E ratio of -2.66 and a beta of 0.10. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.00 and a quick ratio of 1.00. The stock’s 50 day simple moving average is $20.03 and its 200 day simple moving average is $21.51. AMN Healthcare Services Inc has a 1-year low of $14.86 and a 1-year high of $54.01.
Analysts Set New Price Targets
Several equities analysts have issued reports on AMN shares. BMO Capital Markets dropped their target price on AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating on the stock in a research report on Monday, August 11th. UBS Group dropped their target price on AMN Healthcare Services from $30.00 to $25.50 and set a “neutral” rating on the stock in a research report on Tuesday, May 13th. Finally, JMP Securities dropped their target price on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 12th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $28.25.
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.
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