Nordea Investment Management AB increased its holdings in AMN Healthcare Services Inc (NYSE:AMN – Free Report) by 122.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,907 shares of the company’s stock after acquiring an additional 100,019 shares during the period. Nordea Investment Management AB’s holdings in AMN Healthcare Services were worth $3,833,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Allianz Asset Management GmbH raised its holdings in shares of AMN Healthcare Services by 22.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 576,780 shares of the company’s stock worth $11,922,000 after acquiring an additional 104,676 shares during the last quarter. Yousif Capital Management LLC raised its holdings in shares of AMN Healthcare Services by 3.2% in the 2nd quarter. Yousif Capital Management LLC now owns 17,027 shares of the company’s stock worth $352,000 after acquiring an additional 534 shares during the last quarter. CWM LLC grew its position in AMN Healthcare Services by 68.2% in the 2nd quarter. CWM LLC now owns 47,061 shares of the company’s stock worth $973,000 after purchasing an additional 19,074 shares in the last quarter. Thompson Investment Management Inc. grew its position in AMN Healthcare Services by 5.0% in the 2nd quarter. Thompson Investment Management Inc. now owns 324,227 shares of the company’s stock worth $6,702,000 after purchasing an additional 15,420 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC bought a new stake in AMN Healthcare Services in the 2nd quarter worth about $8,227,000. Institutional investors and hedge funds own 99.23% of the company’s stock.
AMN Healthcare Services Stock Performance
Shares of AMN stock opened at $20.49 on Wednesday. The stock has a market capitalization of $785.29 million, a P/E ratio of -2.64 and a beta of 0.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. The firm’s 50 day moving average is $19.57 and its 200 day moving average is $20.07. AMN Healthcare Services Inc has a 12 month low of $14.86 and a 12 month high of $42.41.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the stock. Truist Financial upped their price objective on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. JMP Securities reduced their price objective on shares of AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 8th. BMO Capital Markets reduced their price objective on shares of AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating for the company in a research report on Monday, August 11th. Finally, 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 report on Wednesday, September 10th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $23.08.
Read Our Latest Stock Report on AMN
About AMN Healthcare Services
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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