Graham Capital Management L.P. Purchases New Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Graham Capital Management L.P. acquired a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,714 shares of the company's stock, valued at approximately $424,000.

A number of other large investors have also made changes to their positions in the company. WCM Investment Management LLC increased its holdings in shares of AMN Healthcare Services by 98.8% in the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock valued at $26,367,000 after purchasing an additional 550,427 shares during the period. Thompson Investment Management Inc. increased 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 worth $7,095,000 after buying an additional 235,067 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in AMN Healthcare Services by 32.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock valued at $21,222,000 after acquiring an additional 217,643 shares in the last quarter. Wells Fargo & Company MN lifted its stake in AMN Healthcare Services by 188.4% in the fourth quarter. Wells Fargo & Company MN now owns 301,390 shares of the company's stock valued at $7,209,000 after acquiring an additional 196,882 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. increased its stake in shares of AMN Healthcare Services by 295.6% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 256,239 shares of the company's stock worth $6,129,000 after purchasing an additional 191,471 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

Shares of AMN Healthcare Services stock traded up $0.49 during trading on Tuesday, reaching $22.91. The company's stock had a trading volume of 687,487 shares, compared to its average volume of 916,332. AMN Healthcare Services, Inc. has a one year low of $17.45 and a one year high of $70.07. The stock has a 50-day moving average price of $21.38 and a two-hundred day moving average price of $24.64. 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 capitalization of $877.11 million, a P/E ratio of -5.95 and a beta of 0.16.

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 the consensus estimate 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 company had revenue of $689.53 million for the quarter, compared to analyst estimates of $670.08 million. During the same quarter last year, the firm earned $0.97 EPS. The company's revenue for the quarter was down 16.0% on a year-over-year basis. As a group, sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analyst Ratings Changes

AMN has been the subject of a number of recent research reports. JMP Securities reiterated a "market outperform" rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. Truist Financial lowered their price objective 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. UBS Group decreased 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 report on Tuesday, May 13th. BMO Capital Markets cut their price target on 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, StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. One investment 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. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average 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.