Uncommon Cents Investing LLC Has $531,000 Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Uncommon Cents Investing LLC reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 2.9% during the 4th quarter, Holdings Channel reports. The fund owned 7,090 shares of the company’s stock after selling 215 shares during the quarter. Uncommon Cents Investing LLC’s holdings in AMN Healthcare Services were worth $531,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Money Concepts Capital Corp acquired a new position in shares of AMN Healthcare Services in the 4th quarter worth approximately $33,000. West Tower Group LLC acquired a new position in AMN Healthcare Services during the 2nd quarter worth $81,000. Quarry LP lifted its holdings in AMN Healthcare Services by 171.3% during the 1st quarter. Quarry LP now owns 841 shares of the company’s stock worth $70,000 after buying an additional 531 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in AMN Healthcare Services by 30.1% during the 1st quarter. First Horizon Advisors Inc. now owns 868 shares of the company’s stock worth $72,000 after buying an additional 201 shares in the last quarter. Finally, Covestor Ltd lifted its holdings in AMN Healthcare Services by 148.5% during the 1st quarter. Covestor Ltd now owns 969 shares of the company’s stock worth $101,000 after buying an additional 579 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

AMN Healthcare Services Trading Up 1.8 %

Shares of AMN traded up $1.09 during trading hours on Thursday, reaching $62.57. The stock had a trading volume of 917,655 shares, compared to its average volume of 810,575. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.57. AMN Healthcare Services, Inc. has a 52 week low of $53.77 and a 52 week high of $112.44. The firm has a 50-day moving average of $66.06 and a 200 day moving average of $71.42. The company has a market cap of $2.37 billion, a P/E ratio of 11.83 and a beta of 0.21.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.07. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The business had revenue of $818.27 million during the quarter, compared to analysts’ expectations of $803.14 million. During the same quarter in the prior year, the company earned $2.48 EPS. The firm’s quarterly revenue was down 27.3% on a year-over-year basis. On average, sell-side analysts expect that AMN Healthcare Services, Inc. will post 3.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on AMN. StockNews.com downgraded AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Thursday, March 21st. BMO Capital Markets reduced their price objective on AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. JMP Securities reduced their price objective on AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating on the stock in a report on Monday, February 26th. Truist Financial reaffirmed a “buy” rating and set a $88.00 price objective on shares of AMN Healthcare Services in a report on Tuesday, December 5th. Finally, UBS Group started coverage on shares of AMN Healthcare Services in a research report on Thursday, November 30th. They set a “neutral” rating and a $73.00 target price for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $87.25.

Insider Activity at AMN Healthcare Services

In other news, CEO Caroline Grace bought 17,500 shares of the stock in a transaction on Tuesday, February 27th. The stock was purchased at an average price of $56.68 per share, for a total transaction of $991,900.00. Following the acquisition, the chief executive officer now owns 27,178 shares in the company, valued at $1,540,449.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO Caroline Grace bought 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The stock was acquired at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the purchase, the chief executive officer now owns 27,178 shares of the company’s stock, valued at approximately $1,540,449.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jorge A. Caballero bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was purchased at an average price of $56.80 per share, with a total value of $113,600.00. Following the completion of the purchase, the director now directly owns 2,437 shares in the company, valued at approximately $138,421.60. The disclosure for this purchase can be found here. Insiders bought a total of 26,626 shares of company stock worth $1,516,899 in the last quarter. Corporate insiders own 0.93% of the company’s stock.

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.