Hudson Edge Investment Partners Inc. Sells 2,524 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Hudson Edge Investment Partners Inc. reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 31.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,385 shares of the company’s stock after selling 2,524 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in AMN Healthcare Services were worth $129,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in AMN. CWC Advisors LLC. bought a new position in AMN Healthcare Services in the 3rd quarter worth approximately $254,000. DekaBank Deutsche Girozentrale bought a new stake in shares of AMN Healthcare Services during the third quarter valued at approximately $151,000. Farther Finance Advisors LLC increased its position in shares of AMN Healthcare Services by 455.0% during the third quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock valued at $63,000 after purchasing an additional 1,224 shares during the period. VELA Investment Management LLC increased its position in shares of AMN Healthcare Services by 142.4% during the third quarter. VELA Investment Management LLC now owns 29,548 shares of the company’s stock valued at $1,253,000 after purchasing an additional 17,358 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of AMN Healthcare Services by 13.4% during the third quarter. Janney Montgomery Scott LLC now owns 18,471 shares of the company’s stock valued at $783,000 after purchasing an additional 2,177 shares during the period. 99.23% of the stock is owned by institutional investors.

AMN Healthcare Services Stock Performance

Shares of NYSE:AMN opened at $27.50 on Friday. The business’s fifty day moving average price is $25.40 and its two-hundred day moving average price is $34.96. AMN Healthcare Services, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $70.07. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of -7.14 and a beta of 0.07. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. The firm had revenue of $734.71 million for the quarter, compared to analysts’ expectations of $694.38 million. AMN Healthcare Services had a positive return on equity of 14.49% and a negative net margin of 4.93%. As a group, analysts predict that AMN Healthcare Services, Inc. will post 1.35 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AMN shares. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. JMP Securities restated a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Jefferies Financial Group lowered their price objective on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. BMO Capital Markets lowered their price objective on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a research report on Monday, November 11th. Finally, Truist Financial lowered their price objective on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, AMN Healthcare Services currently has an average rating of “Hold” and a consensus price target of $43.33.

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.