Fiera Capital Corp Decreases Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Fiera Capital Corp cut its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 8.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,947 shares of the company’s stock after selling 2,600 shares during the period. Fiera Capital Corp’s holdings in AMN Healthcare Services were worth $2,168,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. purchased a new stake in AMN Healthcare Services during the 4th quarter valued at $5,361,000. American Century Companies Inc. raised its stake in AMN Healthcare Services by 13.1% during the 3rd quarter. American Century Companies Inc. now owns 177,151 shares of the company’s stock valued at $15,090,000 after buying an additional 20,510 shares during the last quarter. Pacer Advisors Inc. raised its stake in AMN Healthcare Services by 145.8% during the 4th quarter. Pacer Advisors Inc. now owns 1,396,603 shares of the company’s stock valued at $104,578,000 after buying an additional 828,390 shares during the last quarter. Boston Partners raised its stake in AMN Healthcare Services by 102.7% during the 4th quarter. Boston Partners now owns 2,884,550 shares of the company’s stock valued at $216,038,000 after buying an additional 1,461,541 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in AMN Healthcare Services during the 4th quarter valued at $26,520,000. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Truist Financial decreased their target price on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a research note on Monday, April 22nd. JMP Securities reissued a “market outperform” rating and set a $75.00 price objective on shares of AMN Healthcare Services in a research report on Friday, May 10th. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Friday, May 10th. BMO Capital Markets cut their price objective on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a research report on Monday, May 13th. Finally, Bank of America boosted their price objective on shares of AMN Healthcare Services from $61.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, AMN Healthcare Services currently has a consensus rating of “Hold” and a consensus target price of $75.57.

Insider Buying and Selling

In other news, CEO Caroline Grace bought 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was bought at an average price of $56.68 per share, with a total value of $991,900.00. Following the acquisition, the chief executive officer now owns 27,178 shares of the company’s stock, valued at approximately $1,540,449.04. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Caroline Grace purchased 17,500 shares of the firm’s stock in a transaction on Tuesday, February 27th. The shares were acquired at an average price of $56.68 per share, for a total transaction of $991,900.00. Following the purchase, the chief executive officer now directly owns 27,178 shares in the company, valued at $1,540,449.04. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Jeffrey R. Knudson purchased 6,951 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was bought at an average price of $57.75 per share, for a total transaction of $401,420.25. Following the purchase, the chief financial officer now owns 27,804 shares in the company, valued at $1,605,681. The disclosure for this purchase can be found here. In the last quarter, insiders bought 26,626 shares of company stock valued at $1,516,899. Company insiders own 0.93% of the company’s stock.

AMN Healthcare Services Trading Down 0.7 %

Shares of AMN Healthcare Services stock opened at $58.64 on Friday. The company has a market capitalization of $2.23 billion, a P/E ratio of 15.76 and a beta of 0.22. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.28 and a current ratio of 1.27. The company has a fifty day moving average of $59.57 and a 200 day moving average of $66.04. AMN Healthcare Services, Inc. has a fifty-two week low of $53.00 and a fifty-two week high of $112.44.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, May 9th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. The company had revenue of $820.90 million during the quarter, compared to the consensus estimate of $816.54 million. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. AMN Healthcare Services’s quarterly revenue was down 27.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.49 EPS. On average, sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 3.32 earnings per share for the current fiscal year.

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.