FORA Capital LLC Buys 5,846 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

FORA Capital LLC lifted its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 23.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,472 shares of the company’s stock after acquiring an additional 5,846 shares during the quarter. FORA Capital LLC owned 0.08% of AMN Healthcare Services worth $729,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMN. Jones Financial Companies Lllp raised its stake in AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock valued at $36,000 after buying an additional 377 shares during the last quarter. Cresset Asset Management LLC increased its position in AMN Healthcare Services by 5.6% during the fourth quarter. Cresset Asset Management LLC now owns 10,761 shares of the company’s stock valued at $257,000 after acquiring an additional 566 shares during the last quarter. Blue Trust Inc. lifted its holdings in AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock valued at $57,000 after acquiring an additional 754 shares during the period. Covestor Ltd boosted its position in AMN Healthcare Services by 41.0% in the fourth quarter. Covestor Ltd now owns 2,914 shares of the company’s stock worth $70,000 after purchasing an additional 848 shares during the last quarter. Finally, AlphaQuest LLC grew its stake in shares of AMN Healthcare Services by 12.1% during the 4th quarter. AlphaQuest LLC now owns 8,840 shares of the company’s stock valued at $211,000 after purchasing an additional 954 shares during the period. Institutional investors own 99.23% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on AMN shares. Truist Financial cut their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. JMP Securities restated a “market outperform” rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. BMO Capital Markets lowered their target price on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research report on Monday, February 24th. Finally, StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $38.67.

AMN Healthcare Services Price Performance

NYSE:AMN opened at $21.99 on Friday. The stock has a market cap of $839.78 million, a PE ratio of -5.71 and a beta of 0.16. 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 simple moving average is $21.82 and its two-hundred day simple moving average is $25.54. AMN Healthcare Services, Inc. has a 52 week low of $17.45 and a 52 week high of $70.07.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The company had revenue of $689.53 million for the quarter, compared to analysts’ expectations of $670.08 million. During the same period in the previous year, the firm earned $0.97 EPS. The firm’s revenue was down 16.0% compared to the same quarter last year. As a group, analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

AMN Healthcare Services Company 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.