WINTON GROUP Ltd Reduces Stake in AMN Healthcare Services Inc $AMN

WINTON GROUP Ltd lowered its holdings in AMN Healthcare Services Inc (NYSE:AMN) by 48.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 23,400 shares of the company’s stock after selling 21,600 shares during the quarter. WINTON GROUP Ltd’s holdings in AMN Healthcare Services were worth $757,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AMN. Versant Capital Management Inc increased its stake in shares of AMN Healthcare Services by 41.8% during the second quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock valued at $38,000 after buying an additional 345 shares during the period. IFP Advisors Inc lifted its stake in AMN Healthcare Services by 849.6% in the second quarter. IFP Advisors Inc now owns 1,282 shares of the company’s stock worth $41,000 after acquiring an additional 1,147 shares during the period. Greenwood Capital Associates LLC boosted its holdings in AMN Healthcare Services by 7.8% in the second quarter. Greenwood Capital Associates LLC now owns 17,686 shares of the company’s stock valued at $572,000 after acquiring an additional 1,285 shares in the last quarter. Allworth Financial LP boosted its holdings in AMN Healthcare Services by 298.2% in the second quarter. Allworth Financial LP now owns 1,995 shares of the company’s stock valued at $65,000 after acquiring an additional 1,494 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in AMN Healthcare Services in the second quarter valued at $49,000. 99.23% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. BMO Capital Markets upped their price objective on shares of AMN Healthcare Services from $38.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday. Truist Financial lifted their target price on shares of AMN Healthcare Services from $26.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Citigroup reiterated an “outperform” rating on shares of AMN Healthcare Services in a research report on Friday, August 14th. Zacks Research downgraded shares of AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Citizens Jmp raised their price objective on shares of AMN Healthcare Services from $36.00 to $40.00 and gave the stock a “market outperform” rating in a report on Friday, August 14th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $36.00.

AMN Healthcare Services Stock Performance

Shares of AMN stock opened at $34.16 on Tuesday. The company’s fifty day moving average price is $33.77 and its 200-day moving average price is $27.81. The stock has a market cap of $1.32 billion, a PE ratio of 12.75, a price-to-earnings-growth ratio of 1.15 and a beta of 0.38. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.00. AMN Healthcare Services Inc has a 12 month low of $14.97 and a 12 month high of $37.22.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.58. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. The company had revenue of $673.24 million during the quarter, compared to analyst estimates of $628.39 million. During the same period last year, the business earned $0.30 EPS. AMN Healthcare Services’s quarterly revenue was up 2.3% compared to the same quarter last year. On average, equities analysts expect that AMN Healthcare Services Inc will post 3.32 EPS for the current fiscal year.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals, health systems, medical groups, government agencies and other healthcare organizations. Its services are designed to help clients address workforce shortages, manage changing staffing needs and support the delivery of patient care.

The company’s offerings include travel and temporary nurse staffing, allied healthcare staffing, physician and advanced-practice professional staffing, and permanent placement services.