Boston Partners Has $117.91 Million Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Boston Partners decreased its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 34.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,892,845 shares of the company’s stock after selling 991,705 shares during the quarter. Boston Partners owned approximately 4.98% of AMN Healthcare Services worth $117,914,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of AMN. Hexagon Capital Partners LLC boosted its holdings in AMN Healthcare Services by 69.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 360 shares of the company’s stock valued at $27,000 after purchasing an additional 147 shares during the period. GAMMA Investing LLC acquired a new stake in AMN Healthcare Services in the 4th quarter valued at about $31,000. Quarry LP increased its position in AMN Healthcare Services by 64.8% in the 4th quarter. Quarry LP now owns 519 shares of the company’s stock valued at $39,000 after acquiring an additional 204 shares in the last quarter. Principal Securities Inc. acquired a new stake in AMN Healthcare Services in the 4th quarter valued at about $49,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of AMN Healthcare Services during the 1st quarter worth approximately $58,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on AMN shares. BMO Capital Markets cut their price target on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating on the stock in a research note on Monday, May 13th. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a report on Tuesday, May 28th. JMP Securities reissued a “market outperform” rating and issued a $75.00 target price on shares of AMN Healthcare Services in a research report on Friday, May 10th. Truist Financial dropped their target price on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a report on Monday, April 22nd. Finally, StockNews.com cut shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $75.57.

AMN Healthcare Services Trading Down 4.6 %

Shares of NYSE:AMN traded down $3.07 during trading on Friday, reaching $63.81. 864,220 shares of the company traded hands, compared to its average volume of 727,897. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 17.15 and a beta of 0.12. AMN Healthcare Services, Inc. has a 52-week low of $46.74 and a 52-week high of $103.89. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.49. The business’s fifty day moving average is $54.96 and its 200-day moving average is $60.21.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, May 9th. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $820.90 million during the quarter, compared to the consensus estimate of $816.54 million. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The firm’s revenue for the quarter was down 27.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.49 earnings per share. As a group, analysts forecast that AMN Healthcare Services, Inc. will post 3.15 EPS for the current year.

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.