WCM Investment Management LLC Has $26.37 Million Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

WCM Investment Management LLC raised its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 98.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,107,405 shares of the company’s stock after acquiring an additional 550,427 shares during the period. WCM Investment Management LLC’s holdings in AMN Healthcare Services were worth $26,367,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Versor Investments LP bought a new stake in AMN Healthcare Services during the 3rd quarter worth approximately $818,000. Anthracite Investment Company Inc. acquired a new position in AMN Healthcare Services in the third quarter worth $1,696,000. Harbor Capital Advisors Inc. grew its holdings in shares of AMN Healthcare Services by 285.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock worth $1,901,000 after purchasing an additional 58,830 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of AMN Healthcare Services in the third quarter valued at $1,892,000. Finally, Vaughan Nelson Investment Management L.P. increased its stake in shares of AMN Healthcare Services by 23.6% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company’s stock valued at $46,499,000 after buying an additional 209,180 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Price Performance

AMN opened at $25.24 on Friday. The company has a fifty day moving average price of $25.97 and a two-hundred day moving average price of $37.90. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a market capitalization of $960.89 million, a PE ratio of 18.29 and a beta of 0.07. AMN Healthcare Services, Inc. has a 52 week low of $22.47 and a 52 week high of $79.74.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The business had revenue of $687.51 million during the quarter, compared to analysts’ expectations of $670.08 million. During the same period in the previous year, the firm earned $1.97 earnings per share. As a group, analysts anticipate that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

AMN has been the topic of a number of research analyst reports. Jefferies Financial Group decreased their price objective on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th. JMP Securities reissued a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday. William Blair downgraded AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a report on Friday, November 8th. Truist Financial lowered their target price on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, November 8th. Finally, BMO Capital Markets dropped their target price on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating for the company in a research report on Monday, November 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $44.50.

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.