Gotham Asset Management LLC Invests $380,000 in AMN Healthcare Services, Inc. (NYSE:AMN)

Gotham Asset Management LLC bought a new position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 15,892 shares of the company's stock, valued at approximately $380,000.

Several other hedge funds and other institutional investors have also bought and sold shares of AMN. Equitable Trust Co. boosted its stake in shares of AMN Healthcare Services by 125.4% in the 4th quarter. Equitable Trust Co. now owns 21,526 shares of the company's stock worth $515,000 after buying an additional 11,974 shares during the last quarter. Thompson Investment Management Inc. lifted its holdings in AMN Healthcare Services by 381.8% in the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock valued at $7,095,000 after acquiring an additional 235,067 shares during the period. Barclays PLC lifted its holdings in AMN Healthcare Services by 279.2% in the third quarter. Barclays PLC now owns 91,801 shares of the company's stock valued at $3,891,000 after acquiring an additional 67,595 shares during the period. WCM Investment Management LLC boosted its position in AMN Healthcare Services by 98.8% in the fourth 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, Tributary Capital Management LLC grew its stake in shares of AMN Healthcare Services by 40.9% during the 4th quarter. Tributary Capital Management LLC now owns 328,085 shares of the company's stock valued at $7,848,000 after purchasing an additional 95,204 shares during the period. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

NYSE:AMN traded down $0.89 during trading hours on Friday, hitting $20.78. 592,273 shares of the stock traded hands, compared to its average volume of 913,824. The company has a market cap of $795.60 million, a price-to-earnings ratio of -5.40 and a beta of 0.16. AMN Healthcare Services, Inc. has a 1 year low of $17.45 and a 1 year high of $70.07. The stock has a 50 day moving average price of $21.09 and a 200 day moving average price of $24.36. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. BMO Capital Markets reduced their target price 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. JMP Securities reiterated a "market outperform" rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. UBS Group cut 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 report on Tuesday, May 13th. Finally, Truist Financial decreased their target price 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 equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, AMN Healthcare Services has an average rating of "Hold" and an average price target of $32.08.

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.