State of Wyoming Has $476,000 Holdings in AMN Healthcare Services Inc $AMN

State of Wyoming boosted its stake in AMN Healthcare Services Inc (NYSE:AMN) by 148.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,218 shares of the company’s stock after purchasing an additional 18,056 shares during the quarter. State of Wyoming’s holdings in AMN Healthcare Services were worth $476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lighthouse Investment Partners LLC raised its stake in AMN Healthcare Services by 1,557.4% in the third quarter. Lighthouse Investment Partners LLC now owns 262,857 shares of the company’s stock valued at $5,089,000 after purchasing an additional 246,997 shares in the last quarter. Algert Global LLC raised its stake in AMN Healthcare Services by 10.5% in the third quarter. Algert Global LLC now owns 576,651 shares of the company’s stock valued at $11,164,000 after purchasing an additional 54,673 shares in the last quarter. Royce & Associates LP raised its stake in AMN Healthcare Services by 20.9% during the third quarter. Royce & Associates LP now owns 405,056 shares of the company’s stock worth $7,842,000 after acquiring an additional 70,140 shares in the last quarter. First National Bank of Omaha acquired a new position in AMN Healthcare Services during the third quarter worth about $1,406,000. Finally, Thompson Investment Management Inc. raised its stake in AMN Healthcare Services by 24.3% during the fourth quarter. Thompson Investment Management Inc. now owns 443,113 shares of the company’s stock worth $6,983,000 after acquiring an additional 86,579 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on AMN. UBS Group boosted their target price on AMN Healthcare Services from $19.50 to $32.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Truist Financial boosted their target price on AMN Healthcare Services from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. BMO Capital Markets boosted their target price on AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th. Citigroup reissued an “outperform” rating on shares of AMN Healthcare Services in a research note on Monday, February 23rd. Finally, Wall Street Zen raised AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, AMN Healthcare Services has an average rating of “Hold” and an average target price of $25.29.

AMN Healthcare Services Stock Performance

NYSE:AMN opened at $31.79 on Friday. The stock has a market cap of $1.23 billion, a P/E ratio of -36.54, a price-to-earnings-growth ratio of 0.73 and a beta of 0.44. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.04. The stock’s 50-day moving average is $23.54 and its 200-day moving average is $19.93. AMN Healthcare Services Inc has a 1-year low of $14.86 and a 1-year high of $31.86.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, May 7th. The company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.50. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.23 billion. AMN Healthcare Services had a positive return on equity of 18.01% and a negative net margin of 0.95%.The business’s quarterly revenue was up 99.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.45 earnings per share. Equities research analysts anticipate that AMN Healthcare Services Inc will post 2.7 earnings per share for the current year.

AMN Healthcare Services Profile

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.