AMN Healthcare Services Inc $AMN Stake Boosted by Tributary Capital Management LLC

Tributary Capital Management LLC lifted its stake in AMN Healthcare Services Inc (NYSE:AMN) by 91.3% during the third quarter, HoldingsChannel reports. The fund owned 831,910 shares of the company’s stock after purchasing an additional 397,086 shares during the quarter. Tributary Capital Management LLC’s holdings in AMN Healthcare Services were worth $16,106,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its stake in AMN Healthcare Services by 1.5% in the first quarter. Royal Bank of Canada now owns 194,366 shares of the company’s stock valued at $4,753,000 after purchasing an additional 2,784 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of AMN Healthcare Services by 54.2% during the 1st quarter. AQR Capital Management LLC now owns 98,026 shares of the company’s stock valued at $2,398,000 after buying an additional 34,465 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of AMN Healthcare Services in the 1st quarter valued at approximately $283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of AMN Healthcare Services by 2.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock valued at $1,050,000 after buying an additional 1,153 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in AMN Healthcare Services by 137.5% in the first quarter. Millennium Management LLC now owns 1,097,482 shares of the company’s stock worth $26,844,000 after buying an additional 635,296 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Stock Up 2.3%

AMN Healthcare Services stock opened at $16.07 on Thursday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.05 and a quick ratio of 1.05. AMN Healthcare Services Inc has a fifty-two week low of $14.86 and a fifty-two week high of $30.49. The firm has a fifty day moving average price of $16.66 and a two-hundred day moving average price of $18.68. The firm has a market cap of $617.06 million, a price-to-earnings ratio of -2.23 and a beta of 0.20.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.20. AMN Healthcare Services had a positive return on equity of 10.89% and a negative net margin of 10.14%.The company had revenue of $634.50 million for the quarter, compared to the consensus estimate of $618.08 million. During the same period last year, the business posted $0.61 earnings per share. The firm’s revenue was down 7.7% compared to the same quarter last year. As a group, analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Truist Financial lifted their target price on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Wall Street Zen upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Bank of America reduced their price objective on shares of AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a research note on Wednesday, September 10th. Citizens Jmp lowered their target price on shares of AMN Healthcare Services from $24.00 to $22.00 and set a “market outperform” rating on the stock in a research report on Friday, December 19th. Finally, Citigroup restated a “market outperform” rating on shares of AMN Healthcare Services in a report on Friday, December 19th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $21.42.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.