Point72 Hong Kong Ltd purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,418 shares of the company's stock, valued at approximately $321,000.
Several other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp lifted its holdings in AMN Healthcare Services by 33.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after purchasing an additional 377 shares during the period. LRI Investments LLC lifted its holdings in AMN Healthcare Services by 368.2% in the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after acquiring an additional 1,274 shares during the last quarter. Blue Trust Inc. lifted its holdings in AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after acquiring an additional 754 shares during the last quarter. KBC Group NV lifted its holdings in AMN Healthcare Services by 110.9% in the 4th quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after acquiring an additional 1,303 shares during the last quarter. Finally, Covestor Ltd lifted its holdings in AMN Healthcare Services by 41.0% in the 4th quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after acquiring an additional 848 shares during the last quarter. Institutional investors own 99.23% of the company's stock.
AMN Healthcare Services Stock Performance
NYSE:AMN traded down $0.32 during mid-day trading on Thursday, reaching $21.79. 95,073 shares of the company's stock were exchanged, compared to its average volume of 912,558. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. AMN Healthcare Services, Inc. has a one year low of $17.45 and a one year high of $70.07. The firm has a market capitalization of $834.12 million, a PE ratio of -5.64 and a beta of 0.16. The business's fifty day simple moving average is $21.24 and its two-hundred day simple moving average is $24.61.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.45 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 firm had revenue of $689.53 million for the quarter, compared to analyst estimates of $670.08 million. During the same period last year, the firm earned $0.97 EPS. The business's quarterly revenue was down 16.0% compared to the same quarter last year. Analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.
Analyst Ratings Changes
AMN has been the subject of a number of analyst reports. JMP Securities reaffirmed a "market outperform" rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. UBS Group reduced 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 note on Tuesday, May 13th. Truist Financial reduced their price objective on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Wall Street Zen raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, BMO Capital Markets reduced their price objective on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research note on Monday, February 24th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $32.08.
Check Out Our Latest Stock Analysis on AMN Healthcare Services
AMN Healthcare Services Company Profile
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Free Report)
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.
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