EntryPoint Capital LLC Invests $380,000 in AMN Healthcare Services, Inc. (NYSE:AMN)

EntryPoint Capital LLC purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,870 shares of the company's stock, valued at approximately $380,000.

Several other institutional investors also recently modified their holdings of AMN. FMR LLC increased its position in 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 last quarter. Vanguard Group Inc. boosted its stake in shares of AMN Healthcare Services by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock worth $106,082,000 after acquiring an additional 108,284 shares during the period. State Street Corp increased its holdings in shares of AMN Healthcare Services by 1.1% during the 3rd quarter. State Street Corp now owns 1,520,429 shares of the company's stock worth $64,451,000 after acquiring an additional 16,075 shares during the last quarter. WCM Investment Management LLC increased its holdings in shares of 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 worth $26,367,000 after acquiring an additional 550,427 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in AMN Healthcare Services by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock valued at $21,222,000 after acquiring an additional 217,643 shares during the period. 99.23% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of equities analysts have commented on AMN shares. Truist Financial reduced their price objective on shares of AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating for the company in a research report on Friday, February 21st. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. JMP Securities reissued a "market outperform" rating and issued a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. Finally, BMO Capital Markets reduced their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $41.17.

AMN Healthcare Services Stock Performance

Shares of AMN traded up $0.94 during mid-day trading on Monday, hitting $24.51. 737,744 shares of the company's stock were exchanged, compared to its average volume of 887,466. 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, Inc. has a 52 week low of $22.47 and a 52 week high of $70.07. The stock's 50-day simple moving average is $25.55 and its 200-day simple moving average is $29.97. The firm has a market cap of $936.17 million, a price-to-earnings ratio of -6.37 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. The firm had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. On average, equities research analysts expect 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.