SummerHaven Investment Management LLC raised its position in AMN Healthcare Services Inc (NYSE:AMN – Free Report) by 4.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,083 shares of the company’s stock after acquiring an additional 777 shares during the period. SummerHaven Investment Management LLC’s holdings in AMN Healthcare Services were worth $353,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in AMN. Janney Montgomery Scott LLC raised its holdings in shares of AMN Healthcare Services by 34.4% during the first quarter. Janney Montgomery Scott LLC now owns 15,145 shares of the company’s stock worth $370,000 after purchasing an additional 3,880 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in AMN Healthcare Services in the first quarter valued at $592,000. Golden State Wealth Management LLC increased its holdings in AMN Healthcare Services by 107.0% in the first quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company’s stock valued at $28,000 after buying an additional 599 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in AMN Healthcare Services in the first quarter valued at $1,581,000. Finally, GAMMA Investing LLC increased its holdings in AMN Healthcare Services by 74.9% in the first quarter. GAMMA Investing LLC now owns 5,278 shares of the company’s stock valued at $129,000 after buying an additional 2,260 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.
AMN Healthcare Services Stock Down 1.9%
Shares of NYSE AMN opened at $18.51 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. AMN Healthcare Services Inc has a 52 week low of $14.86 and a 52 week high of $43.08. The firm has a 50-day moving average price of $19.15 and a 200 day moving average price of $20.49. The stock has a market capitalization of $709.45 million, a price-to-earnings ratio of -2.38 and a beta of 0.12.
Analyst Ratings Changes
Several analysts have recently issued reports on AMN shares. JMP Securities dropped their target price on shares of AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 12th. BMO Capital Markets decreased their target price on shares of AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday, August 11th. Finally, Bank of America reduced their price target on shares of AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating on the stock in a research note on Wednesday, September 10th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, AMN Healthcare Services has a consensus rating of “Hold” and a consensus target price of $23.25.
Read Our Latest Research Report on AMN
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.
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