AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by White Knight Strategic Wealth Advisors LLC

White Knight Strategic Wealth Advisors LLC raised its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 15.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 15,940 shares of the company’s stock after acquiring an additional 2,075 shares during the quarter. White Knight Strategic Wealth Advisors LLC’s holdings in AMN Healthcare Services were worth $676,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. FMR LLC grew its holdings in AMN Healthcare Services by 152.4% in the third quarter. FMR LLC now owns 4,640,599 shares of the company’s stock valued at $196,715,000 after purchasing an additional 2,801,663 shares during the period. Pacer Advisors Inc. acquired a new position in shares of AMN Healthcare Services during the second quarter worth about $99,349,000. Thrivent Financial for Lutherans boosted its position in shares of AMN Healthcare Services by 2.4% in the third quarter. Thrivent Financial for Lutherans now owns 1,293,483 shares of the company’s stock worth $54,831,000 after buying an additional 30,157 shares during the period. Vaughan Nelson Investment Management L.P. grew its stake in shares of AMN Healthcare Services by 23.6% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company’s stock valued at $46,499,000 after buying an additional 209,180 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of AMN Healthcare Services by 3.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,043,662 shares of the company’s stock valued at $53,468,000 after purchasing an additional 37,760 shares during the period. 99.23% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on AMN shares. UBS Group dropped their price objective on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. Jefferies Financial Group lowered their price target on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a report on Wednesday, November 13th. Bank of America downgraded shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $65.00 to $48.00 in a report on Monday, October 7th. William Blair lowered shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Finally, Truist Financial reduced their price objective on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $48.33.

AMN Healthcare Services Trading Down 1.0 %

NYSE:AMN opened at $26.03 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27. AMN Healthcare Services, Inc. has a 1-year low of $23.37 and a 1-year high of $80.22. The firm has a market capitalization of $991.07 million, a price-to-earnings ratio of 18.86 and a beta of 0.13. The stock has a fifty day simple moving average of $35.61 and a 200 day simple moving average of $47.60.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The firm had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. During the same period last year, the company posted $1.97 EPS. Sell-side analysts forecast that AMN Healthcare Services, Inc. will post 3.09 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the business’s stock in a transaction that occurred on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total value of $90,810.90. Following the completion of the sale, the chief financial officer now owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. The trade was a 6.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.93% of the stock is owned by corporate insiders.

AMN Healthcare Services Company 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.