Principal Financial Group Inc. Has $9.59 Million Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Principal Financial Group Inc. grew its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 3.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 226,304 shares of the company’s stock after purchasing an additional 7,628 shares during the quarter. Principal Financial Group Inc.’s holdings in AMN Healthcare Services were worth $9,593,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Mather Group LLC. bought a new stake in AMN Healthcare Services in the second quarter worth $31,000. Nisa Investment Advisors LLC boosted its stake in shares of AMN Healthcare Services by 41.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock worth $38,000 after acquiring an additional 219 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of AMN Healthcare Services by 232.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,160 shares of the company’s stock valued at $59,000 after acquiring an additional 811 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of AMN Healthcare Services by 455.0% in 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. Finally, Innealta Capital LLC acquired a new stake in AMN Healthcare Services in the 2nd quarter worth approximately $65,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Price Performance

Shares of AMN Healthcare Services stock opened at $26.50 on Tuesday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.23. The company has a market cap of $1.01 billion, a PE ratio of 18.42 and a beta of 0.13. The firm has a fifty day moving average price of $39.51 and a two-hundred day moving average price of $49.78. AMN Healthcare Services, Inc. has a fifty-two week low of $23.37 and a fifty-two week high of $80.22.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. The business had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. During the same quarter in the prior year, the business earned $1.97 earnings per share. Analysts expect that AMN Healthcare Services, Inc. will post 3.09 EPS for the current year.

Insider Buying and Selling at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the business’s stock in a transaction on Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the sale, the chief financial officer now owns 37,550 shares of the company’s stock, valued at $1,385,595. The trade was a 6.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMN. UBS Group lowered their price target 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. Jefferies Financial Group lowered their target price on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th. StockNews.com lowered shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. William Blair downgraded AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, Truist Financial dropped their price objective on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, AMN Healthcare Services currently has a consensus rating of “Hold” and an average price target of $48.33.

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.