Isthmus Partners LLC Sells 5,148 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Isthmus Partners LLC trimmed its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 13.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,973 shares of the company’s stock after selling 5,148 shares during the quarter. Isthmus Partners LLC owned approximately 0.09% of AMN Healthcare Services worth $813,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of AMN. Jones Financial Companies Lllp grew its stake in shares of AMN Healthcare Services by 33.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after buying an additional 377 shares during the last quarter. Quarry LP boosted its stake in shares of AMN Healthcare Services by 48.4% in the 3rd quarter. Quarry LP now owns 2,006 shares of the company’s stock worth $85,000 after buying an additional 654 shares during the last quarter. Truvestments Capital LLC bought a new stake in shares of AMN Healthcare Services in the 3rd quarter worth approximately $30,000. Blue Trust Inc. boosted its holdings in AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock worth $57,000 after buying an additional 754 shares during the period. Finally, Entropy Technologies LP increased its holdings in AMN Healthcare Services by 6.9% during the 3rd quarter. Entropy Technologies LP now owns 13,937 shares of the company’s stock worth $591,000 after acquiring an additional 897 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on AMN. Truist Financial lowered their price objective on 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. BMO Capital Markets cut their price objective on 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 raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. Jefferies Financial Group lowered their target price on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a report on Wednesday, November 13th. Finally, JMP Securities reissued 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $41.17.

AMN Healthcare Services Price Performance

AMN stock opened at $26.46 on Monday. The firm has a 50 day moving average of $25.84 and a 200-day moving average of $32.83. The company has a market cap of $1.01 billion, a price-to-earnings ratio of -6.87 and a beta of 0.15. AMN Healthcare Services, Inc. has a 12-month low of $22.47 and a 12-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.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. The firm had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. As a group, equities analysts expect that AMN Healthcare Services, Inc. will post 1.33 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.