Equitable Trust Co. Boosts Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Equitable Trust Co. lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 125.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 21,526 shares of the company’s stock after purchasing an additional 11,974 shares during the period. Equitable Trust Co.’s holdings in AMN Healthcare Services were worth $515,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in AMN Healthcare Services during the 3rd quarter valued at approximately $30,000. KBC Group NV boosted its position in AMN Healthcare Services by 110.9% during the 4th quarter. KBC Group NV now owns 2,478 shares of the company’s stock valued at $59,000 after acquiring an additional 1,303 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of AMN Healthcare Services by 455.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock worth $63,000 after purchasing an additional 1,224 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of AMN Healthcare Services by 189.6% in the 4th quarter. GAMMA Investing LLC now owns 3,018 shares of the company’s stock worth $72,000 after purchasing an additional 1,976 shares in the last quarter. Finally, Quarry LP boosted its position in shares of AMN Healthcare Services by 48.4% in the 3rd quarter. Quarry LP now owns 2,006 shares of the company’s stock worth $85,000 after purchasing an additional 654 shares in the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Jefferies Financial Group dropped their price target on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. Truist Financial decreased their target price on shares of AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, November 8th. 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. William Blair lowered AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Finally, BMO Capital Markets dropped their target price on shares of AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating for the company in a report on Monday, November 11th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, AMN Healthcare Services currently has an average rating of “Hold” and an average price target of $44.50.

AMN Healthcare Services Stock Performance

Shares of NYSE:AMN opened at $24.44 on Wednesday. The firm has a market cap of $930.39 million, a PE ratio of 17.71 and a beta of 0.07. The firm’s 50 day simple moving average is $25.92 and its 200-day simple moving average is $37.31. AMN Healthcare Services, Inc. has a one year low of $22.47 and a one year high of $79.74. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18.

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.