Public Employees Retirement System of Ohio Makes New Investment in AMN Healthcare Services, Inc. (NYSE:AMN)

Public Employees Retirement System of Ohio bought a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 67,269 shares of the company's stock, valued at approximately $1,609,000. Public Employees Retirement System of Ohio owned approximately 0.18% of AMN Healthcare Services at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. PharVision Advisers LLC bought a new stake in shares of AMN Healthcare Services during the 4th quarter valued at $570,000. White Knight Strategic Wealth Advisors LLC raised its position in shares of AMN Healthcare Services by 60.9% in the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 25,650 shares of the company's stock worth $614,000 after purchasing an additional 9,710 shares during the last quarter. Voloridge Investment Management LLC purchased a new position in shares of AMN Healthcare Services in the 4th quarter worth about $12,685,000. Squarepoint Ops LLC purchased a new position in shares of AMN Healthcare Services in the 4th quarter worth about $238,000. Finally, Two Sigma Advisers LP raised its position in shares of AMN Healthcare Services by 534.1% in the 4th quarter. Two Sigma Advisers LP now owns 211,800 shares of the company's stock worth $5,066,000 after purchasing an additional 178,400 shares during the last quarter. Institutional investors own 99.23% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMN. Truist Financial lowered their price target on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Wall Street Zen raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. JMP Securities reaffirmed 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 lowered their price target 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. Finally, BMO Capital Markets lowered their price target on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research report on Monday, February 24th. One 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 MarketBeat.com, AMN Healthcare Services has an average rating of "Hold" and a consensus price target of $32.08.

AMN Healthcare Services Stock Performance

NYSE:AMN traded up $1.02 during mid-day trading on Friday, reaching $21.10. The company's stock had a trading volume of 633,359 shares, compared to its average volume of 916,185. AMN Healthcare Services, Inc. has a 12-month low of $17.45 and a 12-month high of $70.07. The firm's fifty day moving average price is $20.43 and its two-hundred day moving average price is $23.80. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. The stock has a market cap of $807.85 million, a P/E ratio of -5.48 and a beta of 0.19.

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 for the quarter, topping analysts' consensus estimates 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 business had revenue of $689.53 million during the quarter, compared to analyst estimates of $670.08 million. During the same quarter in the previous year, the firm earned $0.97 EPS. AMN Healthcare Services's revenue was down 16.0% on a year-over-year basis. On average, equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

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.