CenterBook Partners LP Takes $1.28 Million Position in AMN Healthcare Services, Inc. (NYSE:AMN)

CenterBook Partners LP purchased a new stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 53,351 shares of the company's stock, valued at approximately $1,276,000. CenterBook Partners LP owned approximately 0.14% of AMN Healthcare Services at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. lifted its holdings in shares of AMN Healthcare Services by 285.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company's stock worth $1,901,000 after acquiring an additional 58,830 shares during the last quarter. Equitable Trust Co. boosted its holdings in AMN Healthcare Services by 125.4% in the fourth quarter. Equitable Trust Co. now owns 21,526 shares of the company's stock valued at $515,000 after purchasing an additional 11,974 shares during the period. Thompson Investment Management Inc. increased its stake in shares of AMN Healthcare Services by 381.8% during the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock worth $7,095,000 after buying an additional 235,067 shares during the period. WCM Investment Management LLC lifted its position in shares of AMN Healthcare Services by 98.8% during the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock worth $26,367,000 after purchasing an additional 550,427 shares during the last quarter. Finally, Barclays PLC lifted its holdings in AMN Healthcare Services by 279.2% during the 3rd quarter. Barclays PLC now owns 91,801 shares of the company's stock worth $3,891,000 after buying an additional 67,595 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Performance

Shares of NYSE AMN traded down $0.24 during trading hours on Wednesday, hitting $18.72. 158,441 shares of the stock were exchanged, compared to its average volume of 893,454. The firm has a market capitalization of $714.90 million, a P/E ratio of -4.86 and a beta of -0.03. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a one year low of $18.15 and a one year high of $70.07. The company's 50 day moving average is $23.81 and its 200 day moving average is $28.00.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. The business had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. On average, research analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

Wall Street Analysts Forecast Growth

AMN has been the topic of several research analyst reports. JMP Securities reaffirmed a "market outperform" rating and set a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Truist Financial lowered their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday. Finally, BMO Capital Markets decreased their target price 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, AMN Healthcare Services currently has an average rating of "Hold" and a consensus target price of $38.67.

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.