Boston Partners Sells 412,675 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Boston Partners lessened its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 23.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,321,372 shares of the company’s stock after selling 412,675 shares during the period. Boston Partners’ holdings in AMN Healthcare Services were worth $31,633,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC bought a new position in AMN Healthcare Services during the 3rd quarter worth $30,000. Jones Financial Companies Lllp increased its stake in shares of AMN Healthcare Services by 33.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock valued at $36,000 after purchasing an additional 377 shares during the last quarter. Quarry LP increased its stake in shares of AMN Healthcare Services by 48.4% in the 3rd quarter. Quarry LP now owns 2,006 shares of the company’s stock valued at $85,000 after purchasing an additional 654 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock valued at $57,000 after acquiring an additional 754 shares in the last quarter. Finally, KBC Group NV boosted its holdings in shares of AMN Healthcare Services by 110.9% during the 4th quarter. KBC Group NV now owns 2,478 shares of the company’s stock valued at $59,000 after acquiring an additional 1,303 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

Wall Street Analysts Forecast Growth

AMN has been the topic of several recent research reports. BMO Capital Markets cut their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. StockNews.com downgraded AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Monday. JMP Securities reissued a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. Finally, Truist Financial cut their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $41.17.

AMN Healthcare Services Stock Down 1.7 %

Shares of AMN opened at $24.55 on Thursday. The company has a market capitalization of $937.35 million, a PE ratio of -6.38 and a beta of 0.15. AMN Healthcare Services, Inc. has a 12 month low of $22.47 and a 12 month high of $70.07. The stock’s 50-day moving average price is $25.91 and its two-hundred day moving average price is $31.45. 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 (NYSE:AMN) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. The company had revenue of $734.71 million for the quarter, compared to the consensus estimate 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, analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

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.