Charles Schwab Investment Management Inc. Purchases 217,643 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Charles Schwab Investment Management Inc. lifted its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 32.5% during the 4th quarter, HoldingsChannel reports. The firm owned 887,211 shares of the company’s stock after acquiring an additional 217,643 shares during the period. Charles Schwab Investment Management Inc.’s holdings in AMN Healthcare Services were worth $21,222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMN. Natixis Advisors LLC grew its holdings in shares of AMN Healthcare Services by 21.4% during the 3rd quarter. Natixis Advisors LLC now owns 228,234 shares of the company’s stock valued at $9,674,000 after purchasing an additional 40,174 shares during the last quarter. Quest Partners LLC bought a new stake in shares of AMN Healthcare Services during the 3rd quarter valued at approximately $334,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of AMN Healthcare Services by 13.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 50,786 shares of the company’s stock valued at $2,153,000 after purchasing an additional 6,024 shares during the last quarter. Anthracite Investment Company Inc. bought a new stake in shares of AMN Healthcare Services during the 3rd quarter valued at approximately $1,696,000. Finally, Intech Investment Management LLC grew its holdings in shares of AMN Healthcare Services by 100.3% during the 3rd quarter. Intech Investment Management LLC now owns 35,834 shares of the company’s stock valued at $1,519,000 after purchasing an additional 17,948 shares during the last quarter. 99.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. Truist Financial reduced their target price on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, February 21st. BMO Capital Markets reduced their target price on shares of AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. Finally, StockNews.com lowered shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Monday. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $41.17.

AMN Healthcare Services Trading Down 1.7 %

AMN opened at $24.55 on Thursday. The firm has a market capitalization of $937.35 million, a price-to-earnings ratio of -6.38 and a beta of 0.15. AMN Healthcare Services, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $70.07. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The company’s 50 day moving average price is $25.91 and its two-hundred day moving average price is $31.45.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. The firm had revenue of $734.71 million for the quarter, compared to the consensus estimate of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. As a group, research analysts predict that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current 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.