PDT Partners LLC Grows Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

PDT Partners LLC lifted its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 354.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,043 shares of the company's stock after buying an additional 37,463 shares during the period. PDT Partners LLC owned about 0.13% of AMN Healthcare Services worth $1,149,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in AMN. Harbor Capital Advisors Inc. increased its stake in AMN Healthcare Services by 285.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company's stock worth $1,901,000 after acquiring an additional 58,830 shares during the last quarter. Equitable Trust Co. lifted its position in AMN Healthcare Services by 125.4% in the fourth 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. increased its position in 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 acquiring an additional 235,067 shares during the last quarter. Barclays PLC raised its stake in shares of 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. Finally, WCM Investment Management LLC grew its holdings in 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 purchasing an additional 550,427 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on AMN shares. BMO Capital Markets dropped their target price 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. JMP Securities reiterated 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. Truist Financial decreased their target price 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. Finally, StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $38.67.

AMN Healthcare Services Stock Down 6.0 %

Shares of AMN stock traded down $1.28 during mid-day trading on Monday, hitting $19.96. 1,017,757 shares of the stock traded hands, compared to its average volume of 919,635. The stock's fifty day moving average is $22.35 and its two-hundred day moving average is $26.03. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a 52-week low of $17.45 and a 52-week high of $70.07. The stock has a market cap of $762.41 million, a P/E ratio of -5.18 and a beta of -0.03.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.23. The company had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. Equities analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current 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.