Bank of America Corp DE boosted its holdings in AMN Healthcare Services, Inc. (NYSE:AMN – Get Rating) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 879,824 shares of the company’s stock after purchasing an additional 24,291 shares during the period. Bank of America Corp DE owned about 2.03% of AMN Healthcare Services worth $90,464,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Planning grew its holdings in shares of AMN Healthcare Services by 25.6% in the 4th quarter. Creative Planning now owns 8,149 shares of the company’s stock valued at $838,000 after acquiring an additional 1,662 shares in the last quarter. Continuum Advisory LLC grew its stake in AMN Healthcare Services by 9.3% in the fourth quarter. Continuum Advisory LLC now owns 17,833 shares of the company’s stock valued at $1,834,000 after purchasing an additional 1,510 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. acquired a new position in shares of AMN Healthcare Services during the 4th quarter worth approximately $4,427,000. Franklin Resources Inc. boosted its holdings in shares of AMN Healthcare Services by 25.5% in the 4th quarter. Franklin Resources Inc. now owns 10,447 shares of the company’s stock valued at $1,074,000 after buying an additional 2,126 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC grew its stake in shares of AMN Healthcare Services by 45.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 17,364 shares of the company’s stock valued at $1,785,000 after buying an additional 5,463 shares in the last quarter. 96.94% of the stock is currently owned by institutional investors and hedge funds.
AMN Healthcare Services Stock Performance
AMN opened at $99.59 on Friday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market capitalization of $3.95 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 3.49 and a beta of 0.34. The business has a fifty day simple moving average of $89.22 and a 200 day simple moving average of $97.39. AMN Healthcare Services, Inc. has a 1 year low of $81.15 and a 1 year high of $129.04.
Insider Activity
In related news, Director Mark G. Foletta sold 1,458 shares of the stock in a transaction that occurred on Friday, April 21st. The stock was sold at an average price of $88.78, for a total transaction of $129,441.24. Following the sale, the director now owns 8,073 shares of the company’s stock, valued at $716,720.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Mark G. Foletta sold 6,042 shares of the company’s stock in a transaction that occurred on Tuesday, April 11th. The shares were sold at an average price of $84.35, for a total transaction of $509,642.70. Following the completion of the sale, the director now owns 8,073 shares of the company’s stock, valued at approximately $680,957.55. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark G. Foletta sold 1,458 shares of the stock in a transaction that occurred on Friday, April 21st. The stock was sold at an average price of $88.78, for a total transaction of $129,441.24. Following the sale, the director now owns 8,073 shares in the company, valued at approximately $716,720.94. The disclosure for this sale can be found here. 0.77% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on AMN. StockNews.com initiated coverage on shares of AMN Healthcare Services in a research report on Thursday, May 18th. They set a “hold” rating on the stock. Truist Financial lowered their price target on AMN Healthcare Services from $140.00 to $105.00 in a research report on Tuesday, May 2nd. BMO Capital Markets reduced their target price on AMN Healthcare Services from $100.00 to $98.00 in a research note on Monday, May 8th. Robert W. Baird dropped their price target on AMN Healthcare Services from $111.00 to $100.00 in a research note on Friday, May 5th. Finally, Benchmark reaffirmed a “buy” rating and set a $148.00 price objective on shares of AMN Healthcare Services in a research report on Monday, February 13th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, AMN Healthcare Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.20.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. It operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.
Read More
- Get a free copy of the StockNews.com research report on AMN Healthcare Services (AMN)
- MarketBeat Week in Review – 5/29 – 6/2
- Trading Channel Breakout in Lululemon Brought by Earnings
- What Should Investors Make of These 3 Dividend Cuts?
- Constellation Brands Taps into Growth: Analysts Bullish on Stock
- CrowdStrike: Another Tech Stock to Buy on the Dip
Receive News & Ratings for AMN Healthcare Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMN Healthcare Services and related companies with MarketBeat.com's FREE daily email newsletter.
