Dimensional Fund Advisors LP Lowers Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Dimensional Fund Advisors LP lowered its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,016,293 shares of the company’s stock after selling 82,716 shares during the quarter. Dimensional Fund Advisors LP owned about 2.69% of AMN Healthcare Services worth $76,101,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FourThought Financial Partners LLC raised its position in shares of AMN Healthcare Services by 3.7% in the 4th quarter. FourThought Financial Partners LLC now owns 3,947 shares of the company’s stock worth $296,000 after purchasing an additional 139 shares during the last quarter. Hexagon Capital Partners LLC raised its position in shares of AMN Healthcare Services by 69.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 360 shares of the company’s stock worth $27,000 after purchasing an additional 147 shares during the last quarter. CWM LLC raised its position in shares of AMN Healthcare Services by 1.2% in the 4th quarter. CWM LLC now owns 12,818 shares of the company’s stock worth $960,000 after purchasing an additional 155 shares during the last quarter. SummerHaven Investment Management LLC raised its position in shares of AMN Healthcare Services by 2.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 6,623 shares of the company’s stock worth $496,000 after purchasing an additional 155 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of AMN Healthcare Services by 1.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 16,666 shares of the company’s stock worth $1,420,000 after purchasing an additional 172 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Down 0.8 %

AMN Healthcare Services stock opened at $56.24 on Friday. The business has a 50-day simple moving average of $59.45 and a two-hundred day simple moving average of $65.60. The company has a market cap of $2.14 billion, a P/E ratio of 15.12 and a beta of 0.22. AMN Healthcare Services, Inc. has a 52-week low of $53.00 and a 52-week high of $112.44. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.49.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The business had revenue of $820.90 million during the quarter, compared to the consensus estimate of $816.54 million. During the same period in the previous year, the company posted $2.49 EPS. The business’s quarterly revenue was down 27.1% compared to the same quarter last year. Analysts predict that AMN Healthcare Services, Inc. will post 3.32 EPS for the current year.

Insider Activity

In related news, Director Jorge A. Caballero acquired 2,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were purchased at an average cost of $56.80 per share, with a total value of $113,600.00. Following the transaction, the director now directly owns 2,437 shares in the company, valued at $138,421.60. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Jorge A. Caballero acquired 2,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were purchased at an average cost of $56.80 per share, with a total value of $113,600.00. Following the transaction, the director now directly owns 2,437 shares in the company, valued at $138,421.60. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Caroline Grace acquired 17,500 shares of the stock in a transaction dated Tuesday, February 27th. The shares were bought at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the completion of the transaction, the chief executive officer now owns 27,178 shares in the company, valued at $1,540,449.04. The disclosure for this purchase can be found here. Insiders have purchased a total of 26,626 shares of company stock valued at $1,516,899 in the last ninety days. Corporate insiders own 0.93% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Truist Financial lowered their price target on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. BMO Capital Markets reduced their price objective on AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a report on Monday, May 13th. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a report on Thursday, May 2nd. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $75.00 price objective on shares of AMN Healthcare Services in a report on Friday, May 10th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, AMN Healthcare Services has an average rating of “Hold” and an average price target of $75.57.

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.