Public Employees Retirement System of Ohio Has $97,000 Stock Holdings in AMN Healthcare Services Inc $AMN

Public Employees Retirement System of Ohio decreased its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN) by 91.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 5,304 shares of the company’s stock after selling 59,875 shares during the period. Public Employees Retirement System of Ohio’s holdings in AMN Healthcare Services were worth $97,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Royal Bank of Canada boosted its position in shares of AMN Healthcare Services by 1.5% in the 1st quarter. Royal Bank of Canada now owns 194,366 shares of the company’s stock worth $4,753,000 after purchasing an additional 2,784 shares during the last quarter. AQR Capital Management LLC increased its holdings in AMN Healthcare Services by 54.2% in the first quarter. AQR Capital Management LLC now owns 98,026 shares of the company’s stock valued at $2,398,000 after purchasing an additional 34,465 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in AMN Healthcare Services in the first quarter valued at about $283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in AMN Healthcare Services by 2.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock valued at $1,050,000 after buying an additional 1,153 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in AMN Healthcare Services by 13.7% in the first quarter. Goldman Sachs Group Inc. now owns 429,908 shares of the company’s stock valued at $10,516,000 after buying an additional 51,737 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.

Insider Buying and Selling

In other AMN Healthcare Services news, Director Mark G. Foletta sold 3,681 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $31.07, for a total transaction of $114,368.67. Following the sale, the director directly owned 17,917 shares in the company, valued at approximately $556,681.19. This trade represents a 17.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.07% of the company’s stock.

AMN Healthcare Services Stock Down 7.0%

NYSE:AMN opened at $30.50 on Friday. AMN Healthcare Services Inc has a 1 year low of $14.86 and a 1 year high of $36.27. The stock has a 50-day moving average price of $32.37 and a two-hundred day moving average price of $25.01. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of -35.06, a PEG ratio of 0.75 and a beta of 0.40. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.04.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.58. AMN Healthcare Services had a positive return on equity of 18.01% and a negative net margin of 0.95%.The company had revenue of $673.24 million for the quarter, compared to analyst estimates of $628.39 million. During the same quarter last year, the firm posted $0.30 earnings per share. AMN Healthcare Services’s revenue was up 2.3% compared to the same quarter last year. As a group, equities analysts expect that AMN Healthcare Services Inc will post 2.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMN. Citizens Jmp restated a “market outperform” rating and set a $36.00 target price on shares of AMN Healthcare Services in a research report on Tuesday, June 23rd. Truist Financial increased their price target on shares of AMN Healthcare Services from $26.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 17th. BMO Capital Markets boosted their price objective on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, May 11th. Finally, Wall Street Zen downgraded shares of AMN Healthcare Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $29.00.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.