AMN Healthcare Services, Inc. (NYSE:AMN) Shares Bought by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. boosted its position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 295.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 256,239 shares of the company's stock after purchasing an additional 191,471 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.67% of AMN Healthcare Services worth $6,129,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of AMN. Jones Financial Companies Lllp raised its position in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock valued at $36,000 after buying an additional 377 shares during the period. Blue Trust Inc. boosted its position in shares of AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after purchasing an additional 754 shares during the period. KBC Group NV increased its holdings in AMN Healthcare Services by 110.9% in the 4th quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after purchasing an additional 1,303 shares during the last quarter. Covestor Ltd raised its position in AMN Healthcare Services by 41.0% in the fourth quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after purchasing an additional 848 shares during the period. Finally, Quarry LP lifted its stake in AMN Healthcare Services by 180.4% during the fourth quarter. Quarry LP now owns 5,624 shares of the company's stock worth $135,000 after purchasing an additional 3,618 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Stock Down 2.1%

Shares of NYSE AMN traded down $0.47 during mid-day trading on Thursday, reaching $21.64. The company had a trading volume of 52,805 shares, compared to its average volume of 912,369. The firm has a 50 day simple moving average of $21.24 and a two-hundred day simple moving average of $24.61. 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, Inc. has a 52-week low of $17.45 and a 52-week high of $70.07. The stock has a market cap of $828.49 million, a P/E ratio of -5.62 and a beta of 0.16.

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. UBS Group cut their price objective on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Wall Street Zen upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Truist Financial reduced their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. BMO Capital Markets lowered their price target on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a report on Monday, February 24th. Finally, JMP Securities restated a "market outperform" rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $32.08.

AMN Healthcare Services 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.