Renaissance Technologies LLC Purchases 53,300 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Renaissance Technologies LLC increased its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 77.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 122,500 shares of the company's stock after acquiring an additional 53,300 shares during the period. Renaissance Technologies LLC owned about 0.32% of AMN Healthcare Services worth $2,930,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its position in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after buying an additional 377 shares during the period. Blue Trust Inc. grew its position in shares of AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after buying an additional 754 shares during the period. KBC Group NV grew its position in shares of AMN Healthcare Services by 110.9% during the 4th quarter. KBC Group NV now owns 2,478 shares of the company's stock worth $59,000 after buying an additional 1,303 shares during the period. GAMMA Investing LLC grew its position in AMN Healthcare Services by 189.6% in the 4th quarter. GAMMA Investing LLC now owns 3,018 shares of the company's stock valued at $72,000 after purchasing an additional 1,976 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in AMN Healthcare Services in the 4th quarter valued at $167,000. 99.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. BMO Capital Markets reduced their price target on shares of 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 reissued 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. Truist Financial reduced their price target on shares of 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 report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, AMN Healthcare Services currently has a consensus rating of "Hold" and a consensus price target of $38.67.

AMN Healthcare Services Stock Down 0.2 %

AMN traded down $0.03 during mid-day trading on Tuesday, reaching $19.32. 48,939 shares of the stock were exchanged, compared to its average volume of 910,891. The stock has a market capitalization of $737.81 million, a PE ratio of -5.01 and a beta of -0.03. AMN Healthcare Services, Inc. has a 1 year low of $17.45 and a 1 year high of $70.07. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. The company has a 50 day moving average price of $22.83 and a two-hundred day moving average price of $26.59.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. The company had revenue of $734.71 million for the quarter, compared to analysts' expectations of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. As a group, research analysts anticipate 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.