Arete Wealth Advisors LLC Sells 20,900 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Arete Wealth Advisors LLC lessened its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 70.9% in the fourth quarter, Holdings Channel reports. The firm owned 8,579 shares of the company’s stock after selling 20,900 shares during the period. Arete Wealth Advisors LLC’s holdings in AMN Healthcare Services were worth $205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in shares of AMN Healthcare Services by 33.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after buying an additional 377 shares during the last quarter. Blue Trust Inc. increased its holdings in AMN Healthcare Services by 46.3% during the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock worth $57,000 after buying an additional 754 shares during the last quarter. KBC Group NV raised its position in AMN Healthcare Services by 110.9% in the fourth quarter. KBC Group NV now owns 2,478 shares of the company’s stock worth $59,000 after acquiring an additional 1,303 shares during the period. GAMMA Investing LLC boosted its stake in AMN Healthcare Services by 189.6% in the fourth quarter. GAMMA Investing LLC now owns 3,018 shares of the company’s stock valued at $72,000 after acquiring an additional 1,976 shares during the last quarter. Finally, Quarry LP grew its position in shares of AMN Healthcare Services by 48.4% during the 3rd quarter. Quarry LP now owns 2,006 shares of the company’s stock valued at $85,000 after acquiring an additional 654 shares during the period. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Down 3.2 %

Shares of AMN opened at $19.73 on Tuesday. AMN Healthcare Services, Inc. has a twelve month low of $18.63 and a twelve month high of $70.07. The stock has a market cap of $753.55 million, a PE ratio of -5.13 and a beta of -0.03. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The business’s 50-day moving average price is $24.99 and its 200-day moving average price is $29.10.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.52 by $0.23. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The company had revenue of $734.71 million during the quarter, compared to analysts’ expectations of $694.38 million. On average, equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analysts Set New Price Targets

AMN has been the topic of a number of research reports. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. Truist Financial decreased their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a report on Friday, February 21st. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. Finally, BMO Capital Markets reduced their target price on shares of AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research note on Monday, February 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $41.17.

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.