AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 3.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,043,662 shares of the company’s stock after acquiring an additional 37,760 shares during the period. Dimensional Fund Advisors LP owned approximately 2.75% of AMN Healthcare Services worth $53,468,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Brown Brothers Harriman & Co. grew its position in shares of AMN Healthcare Services by 9.4% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 274,742 shares of the company’s stock valued at $14,075,000 after acquiring an additional 23,587 shares during the period. Envestnet Asset Management Inc. grew its position in shares of AMN Healthcare Services by 15.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 178,241 shares of the company’s stock valued at $9,131,000 after acquiring an additional 24,226 shares during the period. Oppenheimer Asset Management Inc. grew its position in shares of AMN Healthcare Services by 36.6% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 24,255 shares of the company’s stock valued at $1,243,000 after acquiring an additional 6,494 shares during the period. Federated Hermes Inc. grew its position in shares of AMN Healthcare Services by 2.2% during the 2nd quarter. Federated Hermes Inc. now owns 734,603 shares of the company’s stock valued at $37,634,000 after acquiring an additional 15,911 shares during the period. Finally, TradeLink Capital LLC acquired a new stake in shares of AMN Healthcare Services during the 2nd quarter valued at about $313,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.

AMN Healthcare Services Trading Down 0.1 %

AMN opened at $42.57 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.23 and a quick ratio of 1.23. The company’s 50 day simple moving average is $52.98 and its two-hundred day simple moving average is $55.32. AMN Healthcare Services, Inc. has a 1-year low of $40.73 and a 1-year high of $87.87. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 11.44 and a beta of 0.12.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.22. AMN Healthcare Services had a net margin of 3.07% and a return on equity of 23.68%. The business had revenue of $740.69 million for the quarter, compared to analyst estimates of $740.43 million. During the same period last year, the company posted $2.38 EPS. The business’s revenue was down 25.3% on a year-over-year basis. Analysts expect that AMN Healthcare Services, Inc. will post 3.26 EPS for the current fiscal year.

Analyst Ratings Changes

AMN has been the topic of a number of analyst reports. JMP Securities dropped their target price on AMN Healthcare Services from $75.00 to $66.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 13th. BMO Capital Markets lifted their price objective on AMN Healthcare Services from $60.00 to $71.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. UBS Group lowered their price objective on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. Finally, StockNews.com cut AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $67.83.

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.