State of Wyoming Buys 18,056 Shares of AMN Healthcare Services Inc $AMN

State of Wyoming boosted its stake in shares of AMN Healthcare Services Inc (NYSE:AMN) by 148.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,218 shares of the company’s stock after purchasing an additional 18,056 shares during the quarter. State of Wyoming owned about 0.08% of AMN Healthcare Services worth $476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMN. China Universal Asset Management Co. Ltd. boosted its position in AMN Healthcare Services by 200.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock worth $47,000 after purchasing an additional 2,000 shares during the period. Johnson Financial Group Inc. bought a new position in AMN Healthcare Services during the third quarter worth $63,000. Tower Research Capital LLC TRC boosted its position in AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock worth $64,000 after purchasing an additional 1,020 shares during the period. Strs Ohio bought a new position in AMN Healthcare Services during the first quarter worth $95,000. Finally, Osaic Holdings Inc. boosted its position in AMN Healthcare Services by 55.9% during the second quarter. Osaic Holdings Inc. now owns 5,527 shares of the company’s stock worth $114,000 after purchasing an additional 1,981 shares during the period. 99.23% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on AMN shares. Weiss Ratings reissued a “sell (e+)” rating on shares of AMN Healthcare Services in a research report on Friday, May 22nd. Truist Financial boosted their target price on shares of AMN Healthcare Services from $24.00 to $26.00 and gave the company a “buy” rating in a research report on Friday, May 8th. BMO Capital Markets boosted their target price on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. Zacks Research cut shares of AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, UBS Group boosted their target price on shares of AMN Healthcare Services from $19.50 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $25.29.

AMN Healthcare Services Trading Up 3.9%

Shares of AMN Healthcare Services stock opened at $31.79 on Friday. The firm has a 50-day moving average of $23.54 and a 200-day moving average of $19.93. The stock has a market cap of $1.23 billion, a PE ratio of -36.54, a PEG ratio of 0.73 and a beta of 0.44. AMN Healthcare Services Inc has a 52-week low of $14.86 and a 52-week high of $31.86. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.09 and a current ratio of 1.09.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, May 7th. The company reported $2.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.50. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 99.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 earnings per share. As a group, sell-side analysts forecast that AMN Healthcare Services Inc will post 2.7 EPS for the current year.

AMN Healthcare Services 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.