AMN Healthcare Services Inc $AMN Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC trimmed its holdings in AMN Healthcare Services Inc (NYSE:AMN) by 78.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 12,207 shares of the company’s stock after selling 45,278 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in AMN Healthcare Services were worth $236,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in AMN. Tower Research Capital LLC TRC increased its position in AMN Healthcare Services by 49.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after acquiring an additional 1,020 shares during the period. Strs Ohio acquired a new position in AMN Healthcare Services in the 1st quarter valued at $95,000. Osaic Holdings Inc. raised its position in AMN Healthcare Services by 55.9% during the 2nd quarter. Osaic Holdings Inc. now owns 5,527 shares of the company’s stock worth $114,000 after buying an additional 1,981 shares during the last quarter. Police & Firemen s Retirement System of New Jersey raised its position in AMN Healthcare Services by 16.9% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 9,046 shares of the company’s stock worth $187,000 after buying an additional 1,307 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of AMN Healthcare Services by 7.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,829 shares of the company’s stock worth $203,000 after acquiring an additional 718 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AMN shares. Citizens Jmp dropped their price target on shares of AMN Healthcare Services from $24.00 to $22.00 and set a “market outperform” rating on the stock in a research note on Friday, December 19th. Truist Financial upped their price objective on AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Monday, October 13th. JPMorgan Chase & Co. set a $25.00 target price on AMN Healthcare Services in a report on Thursday, January 15th. Zacks Research upgraded shares of AMN Healthcare Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Finally, Citigroup reiterated a “market outperform” rating on shares of AMN Healthcare Services in a report on Friday, December 19th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, AMN Healthcare Services has an average rating of “Hold” and a consensus target price of $22.36.

AMN Healthcare Services Price Performance

AMN stock opened at $20.47 on Friday. The stock’s 50 day moving average price is $16.65 and its 200 day moving average price is $18.40. The firm has a market cap of $786.14 million, a P/E ratio of -2.85 and a beta of 0.20. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.05 and a current ratio of 1.05. AMN Healthcare Services Inc has a 1 year low of $14.86 and a 1 year high of $30.49.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.20. The company had revenue of $634.50 million during the quarter, compared to analysts’ expectations of $618.08 million. AMN Healthcare Services had a positive return on equity of 10.89% and a negative net margin of 10.14%.The business’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 earnings per share. On average, sell-side analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal year.

About AMN Healthcare Services

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.