D. E. Shaw & Co. Inc. Raises Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

D. E. Shaw & Co. Inc. grew its stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 295.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 256,239 shares of the company's stock after purchasing an additional 191,471 shares during the period. D. E. Shaw & Co. Inc. owned about 0.67% of AMN Healthcare Services worth $6,129,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMN. Vanguard Group Inc. grew its holdings in shares of AMN Healthcare Services by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock worth $106,082,000 after purchasing an additional 108,284 shares during the last quarter. WCM Investment Management LLC grew its holdings in 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 acquiring an additional 550,427 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in AMN Healthcare Services by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock valued at $21,222,000 after acquiring an additional 217,643 shares during the period. Northern Trust Corp raised its stake in shares of AMN Healthcare Services by 30.0% during the fourth quarter. Northern Trust Corp now owns 641,106 shares of the company's stock valued at $15,335,000 after acquiring an additional 148,116 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of AMN Healthcare Services by 50.9% during the fourth quarter. Bank of America Corp DE now owns 435,909 shares of the company's stock worth $10,427,000 after purchasing an additional 146,962 shares during the period. 99.23% of the stock is owned by institutional investors.

AMN Healthcare Services Stock Performance

NYSE AMN traded up $0.49 on Tuesday, hitting $22.91. 687,487 shares of the stock traded hands, compared to its average volume of 916,332. The firm has a market capitalization of $877.11 million, a price-to-earnings ratio of -5.95 and a beta of 0.16. The business's fifty day moving average is $21.38 and its two-hundred day moving average is $24.64. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. AMN Healthcare Services, Inc. has a 12 month low of $17.45 and a 12 month high of $70.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.26. The business had revenue of $689.53 million for the quarter, compared to analysts' expectations of $670.08 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The firm's quarterly revenue was down 16.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.97 EPS. As a group, equities analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on AMN. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. BMO Capital Markets decreased their target price on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research note on Monday, February 24th. Truist Financial dropped their price target on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. JMP Securities restated 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, UBS Group lowered their price objective on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $32.08.

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.