AMN Healthcare Services Inc $AMN Shares Bought by UBS Group AG

UBS Group AG lifted its position in shares of AMN Healthcare Services Inc (NYSE:AMN) by 31.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 482,619 shares of the company’s stock after acquiring an additional 116,568 shares during the quarter. UBS Group AG owned 1.26% of AMN Healthcare Services worth $7,606,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in AMN. Covestor Ltd increased its position in AMN Healthcare Services by 13.9% during the 3rd quarter. Covestor Ltd now owns 4,747 shares of the company’s stock worth $92,000 after purchasing an additional 579 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of AMN Healthcare Services by 49.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after buying an additional 1,020 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of AMN Healthcare Services by 2.8% in the 1st 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. Strengthening Families & Communities LLC boosted its stake in shares of AMN Healthcare Services by 238.5% in the third quarter. Strengthening Families & Communities LLC now owns 1,713 shares of the company’s stock valued at $33,000 after buying an additional 1,207 shares in the last quarter. Finally, Intech Investment Management LLC boosted its stake in shares of AMN Healthcare Services by 3.5% in the third quarter. Intech Investment Management LLC now owns 40,335 shares of the company’s stock valued at $781,000 after buying an additional 1,355 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AMN shares. Citizens Jmp increased their price objective on AMN Healthcare Services from $22.00 to $24.00 and gave the stock a “market outperform” rating in a research report on Monday, February 23rd. Zacks Research raised shares of AMN Healthcare Services from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Wall Street Zen upgraded shares of AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a report on Saturday. BMO Capital Markets raised their price objective on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Finally, Truist Financial boosted their price objective on shares of AMN Healthcare Services from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $25.29.

AMN Healthcare Services Stock Performance

NYSE AMN opened at $28.94 on Tuesday. The business’s 50-day moving average price is $20.93 and its 200 day moving average price is $18.94. AMN Healthcare Services Inc has a twelve month low of $14.86 and a twelve month high of $31.65. The company has a market capitalization of $1.12 billion, a PE ratio of -33.26, a price-to-earnings-growth ratio of 0.70 and a beta of 0.30. 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 announced its quarterly earnings results on Thursday, May 7th. The company reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.50. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.23 billion. AMN Healthcare Services had a negative net margin of 0.95% and a positive return on equity of 18.01%. AMN Healthcare Services’s revenue for the quarter was up 99.9% on a year-over-year basis. During the same quarter last year, the business earned $0.45 EPS. On average, research analysts predict that AMN Healthcare Services Inc will post 2.53 earnings per share for the current year.

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.