70,704 Shares in AMN Healthcare Services, Inc. (NYSE:AMN) Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 70,704 shares of the company’s stock, valued at approximately $1,691,000. Wealthfront Advisers LLC owned about 0.19% of AMN Healthcare Services at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in AMN Healthcare Services in the 3rd quarter valued at $30,000. Jones Financial Companies Lllp raised its holdings in 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 acquiring an additional 377 shares in the last quarter. Quarry LP raised its holdings in 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 acquiring an additional 654 shares in the last quarter. Blue Trust Inc. raised its holdings in AMN Healthcare Services by 46.3% in 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 raised its holdings in AMN Healthcare Services by 110.9% in 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. 99.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Truist Financial dropped their price objective 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. JMP Securities reissued a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, BMO Capital Markets lowered their price target 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. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $41.17.

AMN Healthcare Services Trading Up 4.4 %

Shares of AMN stock opened at $26.69 on Friday. The firm has a market capitalization of $1.02 billion, a P/E ratio of -6.93 and a beta of 0.15. AMN Healthcare Services, Inc. has a twelve month low of $22.47 and a twelve month high of $70.07. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The stock’s fifty day simple moving average is $25.99 and its 200 day simple moving average is $32.19.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. The business had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. As a group, sell-side analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal 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.