Y Intercept Hong Kong Ltd Makes New Investment in AMN Healthcare Services, Inc. (NYSE:AMN)

Y Intercept Hong Kong Ltd acquired a new stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 36,087 shares of the company's stock, valued at approximately $863,000. Y Intercept Hong Kong Ltd owned about 0.09% of AMN Healthcare Services as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of AMN. FMR LLC boosted its position in shares of AMN Healthcare Services by 152.4% during the third quarter. FMR LLC now owns 4,640,599 shares of the company's stock worth $196,715,000 after buying an additional 2,801,663 shares during the period. WCM Investment Management LLC increased its holdings 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 purchasing an additional 550,427 shares during the period. Reinhart Partners LLC. bought a new stake in shares of AMN Healthcare Services during the fourth quarter valued at about $12,341,000. Wellington Management Group LLP lifted its holdings in AMN Healthcare Services by 54.5% in the third quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock worth $32,768,000 after purchasing an additional 272,552 shares during the period. Finally, Weiss Asset Management LP bought a new position in AMN Healthcare Services in the 3rd quarter valued at about $10,026,000. 99.23% of the stock is currently owned by institutional investors.

AMN Healthcare Services Trading Down 2.9 %

Shares of AMN Healthcare Services stock traded down $0.73 on Monday, reaching $24.59. 763,450 shares of the company were exchanged, compared to its average volume of 934,314. AMN Healthcare Services, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $70.07. The firm has a market capitalization of $939.07 million, a price-to-earnings ratio of -6.39 and a beta of 0.07. 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 fifty day moving average price of $25.64 and a 200-day moving average price of $33.74.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The firm had revenue of $734.71 million for the quarter, compared to analysts' expectations of $694.38 million. On average, analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. StockNews.com upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, February 25th. BMO Capital Markets lowered their price target on 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. William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. JMP Securities reaffirmed a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Finally, Jefferies Financial Group dropped their price target on shares of AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a research report on Wednesday, November 13th. One research 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's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $41.17.

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.