CenterBook Partners LP acquired a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 53,351 shares of the company's stock, valued at approximately $1,276,000. CenterBook Partners LP owned about 0.14% of AMN Healthcare Services as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. WCM Investment Management LLC boosted its holdings in AMN Healthcare Services by 98.8% in the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock valued at $26,367,000 after acquiring an additional 550,427 shares during the last quarter. Reinhart Partners LLC. acquired a new position in AMN Healthcare Services during the 4th quarter valued at about $12,341,000. Wellington Management Group LLP boosted its stake in shares of AMN Healthcare Services by 54.5% in the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock valued at $32,768,000 after purchasing an additional 272,552 shares during the last quarter. Thompson Investment Management Inc. grew its position in shares of AMN Healthcare Services by 381.8% during the 4th 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 period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of 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 worth $21,222,000 after buying an additional 217,643 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.
AMN Healthcare Services Stock Down 3.7 %
Shares of NYSE:AMN traded down $0.73 during midday trading on Tuesday, reaching $19.02. 936,907 shares of the company were exchanged, compared to its average volume of 939,322. The firm has a market cap of $726.16 million, a PE ratio of -4.94 and a beta of -0.03. AMN Healthcare Services, Inc. has a fifty-two week low of $18.15 and a fifty-two week high of $70.07. The stock has a fifty day simple moving average of $23.95 and a two-hundred day simple moving average of $28.06. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.23. The firm had revenue of $734.71 million for the quarter, compared to the consensus estimate 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, sell-side analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.
Wall Street Analyst Weigh In
AMN has been the subject of a number of analyst reports. BMO Capital Markets lowered their target price on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a report on Monday, February 24th. 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. Truist Financial cut their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $38.67.
View Our Latest Research Report on AMN
AMN Healthcare Services Company Profile
(
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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