Avior Wealth Management LLC Cuts Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Avior Wealth Management LLC reduced its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 41.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,824 shares of the company’s stock after selling 1,270 shares during the quarter. Avior Wealth Management LLC’s holdings in AMN Healthcare Services were worth $44,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in AMN. Squarepoint Ops LLC acquired a new stake in AMN Healthcare Services in the 2nd quarter valued at $2,516,000. The Manufacturers Life Insurance Company increased its holdings in AMN Healthcare Services by 3.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,292 shares of the company’s stock valued at $1,091,000 after purchasing an additional 748 shares in the last quarter. Algert Global LLC increased its holdings in AMN Healthcare Services by 352.9% in the 2nd quarter. Algert Global LLC now owns 31,143 shares of the company’s stock valued at $1,595,000 after purchasing an additional 24,266 shares in the last quarter. Truist Financial Corp increased its holdings in AMN Healthcare Services by 58.7% in the 2nd quarter. Truist Financial Corp now owns 13,376 shares of the company’s stock valued at $685,000 after purchasing an additional 4,949 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in AMN Healthcare Services by 689.3% in the 3rd quarter. SG Americas Securities LLC now owns 18,911 shares of the company’s stock valued at $802,000 after purchasing an additional 16,515 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Stock Down 1.4 %

Shares of AMN Healthcare Services stock opened at $27.16 on Thursday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27. The firm has a market cap of $1.03 billion, a P/E ratio of 19.68 and a beta of 0.05. AMN Healthcare Services, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $79.74. The business has a 50-day moving average price of $25.90 and a 200 day moving average price of $39.20.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating 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 return on equity of 17.16% and a net margin of 1.73%. During the same period in the previous year, the company earned $1.97 earnings per share. On average, sell-side analysts forecast that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMN has been the subject of several recent research reports. JMP Securities lowered their price target on AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating for the company in a report on Tuesday, October 22nd. Bank of America downgraded AMN Healthcare Services from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $65.00 to $48.00 in a report on Monday, October 7th. Jefferies Financial Group lowered their target price on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. Truist Financial dropped their target price on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Finally, Benchmark reaffirmed a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $48.33.

Insider Activity at AMN Healthcare Services

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the business’s stock in a transaction dated Saturday, November 2nd. The stock was 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 directly owns 37,550 shares of the company’s stock, valued at $1,385,595. The trade was a 6.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.93% of the stock is owned by corporate insiders.

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.