UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $3.87 Million Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 4.9% in the third quarter, HoldingsChannel reports. The firm owned 91,252 shares of the company’s stock after selling 4,740 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in AMN Healthcare Services were worth $3,868,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Versor Investments LP acquired a new stake in shares of AMN Healthcare Services during the 3rd quarter worth about $818,000. Anthracite Investment Company Inc. bought a new position in AMN Healthcare Services in the third quarter valued at approximately $1,696,000. Vaughan Nelson Investment Management L.P. bought a new position in AMN Healthcare Services in the second quarter valued at approximately $45,481,000. New South Capital Management Inc. raised its holdings in shares of AMN Healthcare Services by 24.6% in the second quarter. New South Capital Management Inc. now owns 563,147 shares of the company’s stock valued at $28,850,000 after purchasing an additional 111,302 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of AMN Healthcare Services by 2.4% in the third quarter. Thrivent Financial for Lutherans now owns 1,293,483 shares of the company’s stock valued at $54,831,000 after purchasing an additional 30,157 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Insider Transactions at AMN Healthcare Services

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of AMN Healthcare Services 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 completion of the sale, the chief financial officer now owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. This trade represents a 6.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.93% of the company’s stock.

AMN Healthcare Services Stock Up 0.8 %

Shares of NYSE AMN opened at $27.17 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a 1 year low of $23.37 and a 1 year high of $80.22. The company has a 50 day simple moving average of $33.02 and a 200 day simple moving average of $45.65. The firm has a market cap of $1.03 billion, a PE ratio of 19.68 and a beta of 0.04.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. The firm had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. During the same quarter last year, the business earned $1.97 EPS. On average, research analysts forecast that AMN Healthcare Services, Inc. will post 3.07 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on AMN. Benchmark restated a “hold” rating on shares of AMN Healthcare Services in a report on Wednesday, October 2nd. Jefferies Financial Group decreased their price target 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. Truist Financial reduced their price objective on shares of 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. BMO Capital Markets reduced their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Monday, November 11th. Finally, Bank of America downgraded shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $65.00 to $48.00 in a research note on Monday, October 7th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $48.33.

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.