FORA Capital LLC Boosts Stake in AMN Healthcare Services, Inc. (NYSE:AMN)

FORA Capital LLC raised its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 7.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,626 shares of the company’s stock after acquiring an additional 1,686 shares during the period. FORA Capital LLC’s holdings in AMN Healthcare Services were worth $1,044,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Truvestments Capital LLC purchased a new stake in AMN Healthcare Services in the third quarter valued at approximately $30,000. Mather Group LLC. purchased a new position in AMN Healthcare Services in the second quarter worth $31,000. Nisa Investment Advisors LLC increased its stake in AMN Healthcare Services by 41.4% in the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock valued at $38,000 after acquiring an additional 219 shares during the last quarter. GAMMA Investing LLC raised its position in AMN Healthcare Services by 232.4% during the second quarter. GAMMA Investing LLC now owns 1,160 shares of the company’s stock valued at $59,000 after purchasing an additional 811 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in AMN Healthcare Services by 455.0% during the third 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 during the last quarter. Institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a report on Wednesday, October 2nd. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Jefferies Financial Group dropped their price target on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. JMP Securities reduced their price objective on shares of AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating on the stock in a research report on Tuesday, October 22nd. Finally, Bank of America cut shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $65.00 to $48.00 in a research report on Monday, October 7th. Two 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’s stock. Based on data from MarketBeat, AMN Healthcare Services currently has an average rating of “Hold” and a consensus target price of $48.33.

Insiders Place Their Bets

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of AMN Healthcare Services stock in a transaction dated Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the completion of the transaction, the chief financial officer now directly owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. The trade was a 6.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.93% of the company’s stock.

AMN Healthcare Services Stock Performance

Shares of AMN stock opened at $26.29 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. The company’s fifty day moving average price is $36.00 and its 200-day moving average price is $47.83. The stock has a market cap of $1.00 billion, a PE ratio of 19.05 and a beta of 0.13. AMN Healthcare Services, Inc. has a 12 month low of $23.37 and a 12 month high of $80.22.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The business had revenue of $687.51 million for the quarter, compared to analysts’ expectations of $670.08 million. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. During the same quarter in the prior year, the company earned $1.97 earnings per share. On average, equities analysts expect that AMN Healthcare Services, Inc. will post 3.09 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.