First National Advisers LLC Sells 27,460 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

First National Advisers LLC trimmed its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 67.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 13,048 shares of the company’s stock after selling 27,460 shares during the quarter. First National Advisers LLC’s holdings in AMN Healthcare Services were worth $312,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. FMR LLC lifted its position in shares of AMN Healthcare Services by 152.4% during the 3rd quarter. FMR LLC now owns 4,640,599 shares of the company’s stock valued at $196,715,000 after acquiring an additional 2,801,663 shares during the period. State Street Corp lifted its position in shares of AMN Healthcare Services by 1.1% during the 3rd quarter. State Street Corp now owns 1,520,429 shares of the company’s stock valued at $64,451,000 after acquiring an additional 16,075 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of AMN Healthcare Services by 2.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,293,483 shares of the company’s stock valued at $54,831,000 after acquiring an additional 30,157 shares during the period. WCM Investment Management LLC lifted its position in shares of AMN Healthcare Services by 98.8% during the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock worth $26,367,000 after buying an additional 550,427 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its position in shares of AMN Healthcare Services by 23.6% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company’s stock worth $46,499,000 after buying an additional 209,180 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AMN has been the subject of several recent analyst reports. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 target price on shares of AMN Healthcare Services in a report on Thursday, February 6th. BMO Capital Markets lowered their target price on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a report on Monday, February 24th. Finally, Truist Financial lowered their target price on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, AMN Healthcare Services presently has an average rating of “Hold” and a consensus price target of $41.17.

AMN Healthcare Services Trading Up 4.4 %

Shares of AMN stock opened at $26.69 on Monday. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -6.93 and a beta of 0.15. The stock has a 50-day moving average of $25.99 and a 200-day moving average of $31.90. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a 1-year low of $22.47 and a 1-year high of $70.07.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.23. The company had revenue of $734.71 million during the quarter, compared to analysts’ expectations of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. On average, equities research analysts forecast 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.