Koss Olinger Consulting LLC Makes New $404,000 Investment in AMN Healthcare Services, Inc. (NYSE:AMN)

Koss Olinger Consulting LLC bought a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,877 shares of the company’s stock, valued at approximately $404,000.

A number of other institutional investors and hedge funds also recently modified their holdings of AMN. FMR LLC grew its position in shares of AMN Healthcare Services by 152.4% during the third quarter. FMR LLC now owns 4,640,599 shares of the company’s stock worth $196,715,000 after acquiring an additional 2,801,663 shares during the last quarter. WCM Investment Management LLC grew its position in shares of AMN Healthcare Services by 98.8% during the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock worth $26,367,000 after acquiring an additional 550,427 shares during the last quarter. Reinhart Partners LLC. bought a new position in shares of AMN Healthcare Services during the fourth quarter worth about $12,341,000. Wellington Management Group LLP grew its position in AMN Healthcare Services by 54.5% in the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company’s stock valued at $32,768,000 after buying an additional 272,552 shares in the last quarter. Finally, Weiss Asset Management LP bought a new position in AMN Healthcare Services in the 3rd quarter valued at about $10,026,000. 99.23% of the stock is owned by institutional investors and hedge funds.

AMN Healthcare Services Stock Performance

NYSE:AMN opened at $24.55 on Thursday. AMN Healthcare Services, Inc. has a twelve month low of $22.47 and a twelve month high of $70.07. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. The company has a 50-day moving average of $25.91 and a 200-day moving average of $31.45. The firm has a market cap of $937.35 million, a price-to-earnings ratio of -6.38 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.23. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The company had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. Analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. BMO Capital Markets decreased their target price on shares of AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research report on Monday, February 24th. StockNews.com lowered shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Monday. Truist Financial decreased their target price on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a research report on Friday, February 21st. Finally, JMP Securities reiterated a “market outperform” rating and issued a $34.00 target price on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.17.

AMN Healthcare Services 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.