Avior Wealth Management LLC Trims Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Avior Wealth Management LLC cut its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 41.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,824 shares of the company’s stock after selling 1,270 shares during the period. Avior Wealth Management LLC’s holdings in AMN Healthcare Services were worth $44,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new stake in AMN Healthcare Services during the 3rd quarter valued at approximately $30,000. Farther Finance Advisors LLC raised its stake in AMN Healthcare Services by 455.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock valued at $63,000 after acquiring an additional 1,224 shares during the last quarter. GAMMA Investing LLC raised its stake in AMN Healthcare Services by 189.6% during the 4th quarter. GAMMA Investing LLC now owns 3,018 shares of the company’s stock valued at $72,000 after acquiring an additional 1,976 shares during the last quarter. Quarry LP increased its position in AMN Healthcare Services by 48.4% during the 3rd quarter. Quarry LP now owns 2,006 shares of the company’s stock worth $85,000 after purchasing an additional 654 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new position in AMN Healthcare Services during the 3rd quarter worth approximately $151,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the transaction, the chief financial officer now owns 37,550 shares of the company’s stock, valued at $1,385,595. This represents a 6.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.93% of the stock is owned by insiders.

Analyst Ratings Changes

AMN has been the topic of several recent analyst reports. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Bank of America cut AMN Healthcare Services from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $65.00 to $48.00 in a research report on Monday, October 7th. BMO Capital Markets dropped their target price 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. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, Jefferies Financial Group lowered their price target on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $48.33.

AMN Healthcare Services Price Performance

Shares of NYSE:AMN opened at $27.16 on Thursday. The business’s fifty day moving average price is $25.90 and its two-hundred day moving average price is $39.20. The stock has a market cap of $1.03 billion, a PE ratio of 19.68 and a beta of 0.05. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. AMN Healthcare Services, Inc. has a one year low of $22.47 and a one year high of $79.74.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. The firm had revenue of $687.51 million for the quarter, compared to analysts’ expectations 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 quarter in the prior year, the firm earned $1.97 EPS. On average, analysts forecast that AMN Healthcare Services, Inc. will post 3.07 EPS for the current fiscal year.

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.