Tributary Capital Management LLC Buys 95,204 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Tributary Capital Management LLC grew its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 40.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 328,085 shares of the company’s stock after purchasing an additional 95,204 shares during the quarter. Tributary Capital Management LLC owned approximately 0.86% of AMN Healthcare Services worth $7,848,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new position in AMN Healthcare Services in the 3rd quarter worth $30,000. Farther Finance Advisors LLC increased its stake in shares of AMN Healthcare Services by 455.0% in the third quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock worth $63,000 after purchasing an additional 1,224 shares during the period. Quarry LP lifted its position in shares of 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 last quarter. GAMMA Investing LLC boosted 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 purchasing an additional 1,976 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new stake in AMN Healthcare Services in the 3rd quarter valued at approximately $151,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.

AMN Healthcare Services Stock Down 0.4 %

Shares of AMN opened at $27.68 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. The company has a 50-day moving average price of $25.79 and a two-hundred day moving average price of $39.71. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 20.06 and a beta of 0.05. AMN Healthcare Services, Inc. has a 12 month low of $22.47 and a 12 month high of $79.74.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The business had revenue of $687.51 million for the quarter, compared to analyst estimates of $670.08 million. During the same quarter in the previous year, the firm earned $1.97 EPS. Equities analysts predict that AMN Healthcare Services, Inc. will post 3.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on AMN shares. BMO Capital Markets reduced their price objective on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating for the company in a research report on Monday, November 11th. William Blair downgraded shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a report on Friday, November 8th. JMP Securities dropped their price objective on shares of AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating on the stock in a report on Tuesday, October 22nd. Bank of America cut shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and reduced their target price for the company from $65.00 to $48.00 in a research note on Monday, October 7th. Finally, Truist Financial lowered their price target on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $48.33.

Insider Buying and Selling

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 37,550 shares in the company, valued at $1,385,595. This represents a 6.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.93% of the stock is currently owned by corporate insiders.

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.