UBS Group AG Raises Position in AMN Healthcare Services, Inc. (NYSE:AMN)

UBS Group AG increased its holdings in AMN Healthcare Services, Inc. (NYSE:AMN – Get Rating) by 9.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,611 shares of the company’s stock after buying an additional 6,437 shares during the period. UBS Group AG owned 0.18% of AMN Healthcare Services worth $7,877,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Altshuler Shaham Ltd purchased a new stake in shares of AMN Healthcare Services in the third quarter worth $27,000. McElhenny Sheffield Capital Management LLC purchased a new stake in AMN Healthcare Services during the fourth quarter valued at about $33,000. HM Payson & Co. raised its position in AMN Healthcare Services by 87.0% during the fourth quarter. HM Payson & Co. now owns 430 shares of the company’s stock valued at $44,000 after purchasing an additional 200 shares in the last quarter. Signaturefd LLC raised its position in AMN Healthcare Services by 177.4% during the third quarter. Signaturefd LLC now owns 527 shares of the company’s stock valued at $56,000 after purchasing an additional 337 shares in the last quarter. Finally, Archer Investment Corp raised its position in AMN Healthcare Services by 20.0% during the fourth quarter. Archer Investment Corp now owns 600 shares of the company’s stock valued at $62,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 96.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMN. Benchmark restated a “buy” rating and set a $148.00 price target on shares of AMN Healthcare Services in a research report on Monday, February 13th. BMO Capital Markets lowered their price target on AMN Healthcare Services from $100.00 to $98.00 in a research report on Monday, May 8th. Truist Financial lowered their price target on AMN Healthcare Services from $140.00 to $105.00 in a research report on Tuesday, May 2nd. StockNews.com started coverage on AMN Healthcare Services in a research note on Thursday, May 18th. They set a “hold” rating on the stock. Finally, Credit Suisse Group reduced their price objective on AMN Healthcare Services from $128.00 to $115.00 in a research note on Friday, May 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, AMN Healthcare Services presently has an average rating of “Moderate Buy” and a consensus price target of $113.20.

Insider Buying and Selling

In related news, Director Mark G. Foletta sold 6,042 shares of the company’s stock in a transaction that occurred on Tuesday, April 11th. The stock was sold at an average price of $84.35, for a total value of $509,642.70. Following the sale, the director now owns 8,073 shares in the company, valued at approximately $680,957.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Mark G. Foletta sold 1,458 shares of the company’s stock in a transaction that occurred on Friday, April 21st. The stock was sold at an average price of $88.78, for a total value of $129,441.24. Following the sale, the director now owns 8,073 shares in the company, valued at approximately $716,720.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark G. Foletta sold 6,042 shares of the company’s stock in a transaction that occurred on Tuesday, April 11th. The stock was sold at an average price of $84.35, for a total value of $509,642.70. Following the completion of the sale, the director now owns 8,073 shares in the company, valued at approximately $680,957.55. The disclosure for this sale can be found here. Insiders have sold 12,015 shares of company stock worth $1,132,393 in the last 90 days. Insiders own 0.77% of the company’s stock.

AMN Healthcare Services Stock Up 0.5 %

NYSE AMN opened at $95.01 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market capitalization of $3.77 billion, a PE ratio of 10.83, a PEG ratio of 3.40 and a beta of 0.33. AMN Healthcare Services, Inc. has a 1 year low of $81.15 and a 1 year high of $129.04. The business’s 50-day moving average is $87.43 and its 200 day moving average is $98.49.

AMN Healthcare Services (NYSE:AMN – Get Rating) last posted its quarterly earnings data on Thursday, May 4th. The company reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.13. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.11 billion. AMN Healthcare Services had a return on equity of 45.31% and a net margin of 7.93%. The business’s revenue was down 27.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.49 EPS. Sell-side analysts forecast that AMN Healthcare Services, Inc. will post 8.26 earnings per share for the current year.

AMN Healthcare Services Profile

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AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. It operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.