Versor Investments LP Sells 9,800 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Versor Investments LP lessened its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 50.8% during the fourth quarter, Holdings Channel reports. The firm owned 9,500 shares of the company’s stock after selling 9,800 shares during the period. Versor Investments LP’s holdings in AMN Healthcare Services were worth $227,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AMN. Farther Finance Advisors LLC lifted its stake 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 valued at $63,000 after acquiring an additional 1,224 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of AMN Healthcare Services by 13.4% during the third quarter. Janney Montgomery Scott LLC now owns 18,471 shares of the company’s stock valued at $783,000 after purchasing an additional 2,177 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in AMN Healthcare Services by 9.9% during the third 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 during the last quarter. Principal Financial Group Inc. grew its position in AMN Healthcare Services by 3.5% in 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, WCM Investment Management LLC increased its stake in AMN Healthcare Services by 2.7% in the 3rd quarter. WCM Investment Management LLC now owns 556,978 shares of the company’s stock valued at $23,711,000 after buying an additional 14,615 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AMN. Truist Financial cut their target price on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. 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 research report on Monday, February 24th. Jefferies Financial Group decreased their target price on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a research report on Wednesday, November 13th. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Finally, JMP Securities restated a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $41.17.

AMN Healthcare Services Trading Up 2.6 %

Shares of AMN opened at $25.21 on Wednesday. AMN Healthcare Services, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $70.07. The business has a 50-day moving average of $25.70 and a 200 day moving average of $33.36. The firm has a market cap of $962.74 million, a P/E ratio of -6.55 and a beta of 0.07. 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 posted its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.23. The firm 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%. As a group, research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS 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.