Gotham Asset Management LLC Purchases Shares of 15,892 AMN Healthcare Services, Inc. (NYSE:AMN)

Gotham Asset Management LLC purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 15,892 shares of the company's stock, valued at approximately $380,000.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in 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 buying an additional 108,284 shares during the period. WCM Investment Management LLC lifted its holdings 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 valued at $26,367,000 after acquiring an additional 550,427 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock worth $21,222,000 after purchasing an additional 217,643 shares during the period. Northern Trust Corp increased its holdings in AMN Healthcare Services by 30.0% in the 4th quarter. Northern Trust Corp now owns 641,106 shares of the company's stock valued at $15,335,000 after purchasing an additional 148,116 shares in the last quarter. Finally, Bank of America Corp DE raised its position in AMN Healthcare Services by 50.9% in the fourth quarter. Bank of America Corp DE now owns 435,909 shares of the company's stock valued at $10,427,000 after purchasing an additional 146,962 shares during the period. Institutional investors and hedge funds own 99.23% of the company's stock.

Analyst Upgrades and Downgrades

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

AMN Healthcare Services Stock Down 4.1%

AMN traded down $0.89 during trading on Monday, hitting $20.78. The company had a trading volume of 592,273 shares, compared to its average volume of 915,940. AMN Healthcare Services, Inc. has a 1-year low of $17.45 and a 1-year high of $70.07. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The company has a market cap of $795.60 million, a PE ratio of -5.40 and a beta of 0.16. The business has a 50-day moving average of $21.02 and a 200-day moving average of $24.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its earnings results 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 analyst estimates of $670.08 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The company's revenue for the quarter was down 16.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.97 EPS. As a group, 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.