Two Sigma Investments LP Purchases 370,691 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Two Sigma Investments LP raised its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 228.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 532,694 shares of the company's stock after purchasing an additional 370,691 shares during the quarter. Two Sigma Investments LP owned 1.40% of AMN Healthcare Services worth $12,742,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in AMN. Newtyn Management LLC purchased a new position in AMN Healthcare Services during the fourth quarter valued at approximately $28,417,000. WCM Investment Management LLC raised its position in shares of AMN Healthcare Services by 98.8% during the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock valued at $26,367,000 after buying an additional 550,427 shares during the last quarter. Invenomic Capital Management LP raised its position in shares of AMN Healthcare Services by 406.3% during the fourth quarter. Invenomic Capital Management LP now owns 401,807 shares of the company's stock valued at $9,611,000 after buying an additional 322,445 shares during the last quarter. Millennium Management LLC raised its position in shares of AMN Healthcare Services by 134.4% during the fourth quarter. Millennium Management LLC now owns 462,186 shares of the company's stock valued at $11,055,000 after buying an additional 265,011 shares during the last quarter. Finally, Thompson Investment Management Inc. raised its position in shares of AMN Healthcare Services by 381.8% during the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company's stock valued at $7,095,000 after buying an additional 235,067 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

AMN traded down $0.17 during trading hours on Thursday, hitting $20.98. The company's stock had a trading volume of 52,654 shares, compared to its average volume of 910,904. 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 12 month low of $17.45 and a 12 month high of $70.07. The stock has a market cap of $803.18 million, a price-to-earnings ratio of -5.44 and a beta of 0.16. The business's 50-day moving average price is $20.90 and its 200-day moving average price is $24.03.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data 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. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The business 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 business posted $0.97 earnings per share. The business's revenue was down 16.0% compared to the same quarter last year. Sell-side analysts expect that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. UBS Group reduced their price objective on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Wall Street Zen upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. BMO Capital Markets reduced their price target on shares of 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 reduced their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Finally, JMP Securities restated 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. 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 company. According to data from MarketBeat.com, AMN Healthcare Services currently has a consensus rating of "Hold" and an average price target 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.