New South Capital Management Inc. Sells 41,303 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

New South Capital Management Inc. lessened its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 512,588 shares of the company’s stock after selling 41,303 shares during the period. New South Capital Management Inc.’s holdings in AMN Healthcare Services were worth $12,261,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AMN. Farther Finance Advisors LLC increased its holdings in AMN Healthcare Services by 455.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock worth $63,000 after purchasing an additional 1,224 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in AMN Healthcare Services by 13.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 18,471 shares of the company’s stock worth $783,000 after purchasing an additional 2,177 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in AMN Healthcare Services by 9.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,628 shares of the company’s stock worth $874,000 after purchasing an additional 1,852 shares in the last quarter. Principal Financial Group Inc. increased its holdings in AMN Healthcare Services by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 226,304 shares of the company’s stock worth $9,593,000 after purchasing an additional 7,628 shares in the last quarter. Finally, Versor Investments LP acquired a new position in shares of AMN Healthcare Services during the 3rd quarter worth about $818,000. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 3.9 %

Shares of NYSE:AMN opened at $26.17 on Thursday. AMN Healthcare Services, Inc. has a 52-week low of $22.47 and a 52-week high of $70.07. The company has a market capitalization of $999.37 million, a P/E ratio of -6.80 and a beta of 0.07. The company has a 50-day simple moving average of $25.76 and a 200 day simple moving average of $33.31. 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 (NYSE:AMN) last issued its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.23. The business had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. Sell-side analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AMN shares. Jefferies Financial Group reduced their price objective on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. BMO Capital Markets reduced their price objective 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. JMP Securities restated a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. William Blair downgraded shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Finally, StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $41.17.

AMN Healthcare Services 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.