AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by Invenomic Capital Management LP

Invenomic Capital Management LP boosted its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 406.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 401,807 shares of the company's stock after buying an additional 322,445 shares during the quarter. Invenomic Capital Management LP owned 1.06% of AMN Healthcare Services worth $9,611,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gotham Asset Management LLC acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at $380,000. Graham Capital Management L.P. purchased a new position in shares of AMN Healthcare Services in the 4th quarter valued at about $424,000. FORA Capital LLC grew its position in shares of AMN Healthcare Services by 23.7% during the fourth quarter. FORA Capital LLC now owns 30,472 shares of the company's stock worth $729,000 after buying an additional 5,846 shares in the last quarter. D. E. Shaw & Co. Inc. grew its position in shares of AMN Healthcare Services by 295.6% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 256,239 shares of the company's stock worth $6,129,000 after buying an additional 191,471 shares in the last quarter. Finally, Cresset Asset Management LLC increased its stake in shares of AMN Healthcare Services by 5.6% during the fourth quarter. Cresset Asset Management LLC now owns 10,761 shares of the company's stock worth $257,000 after buying an additional 566 shares during the period. Hedge funds and other institutional investors own 99.23% of the company's stock.

Wall Street Analyst Weigh In

AMN has been the topic of a number of recent analyst reports. BMO Capital Markets dropped their price objective on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th. StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. 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. Finally, Truist Financial dropped their price objective on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $38.67.

AMN Healthcare Services Price Performance

Shares of NYSE AMN opened at $21.99 on Friday. The stock has a market cap of $839.78 million, a P/E ratio of -5.71 and a beta of 0.16. AMN Healthcare Services, Inc. has a twelve month low of $17.45 and a twelve month high of $70.07. The stock has a 50 day moving average of $21.82 and a two-hundred day moving average of $25.44. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.19 by $0.26. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The firm had revenue of $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. During the same quarter in the prior year, the firm earned $0.97 EPS. AMN Healthcare Services's revenue for the quarter was down 16.0% on a year-over-year basis. On average, research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

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.

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