AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC raised its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 77.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 122,500 shares of the company's stock after buying 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 quarter.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted 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 purchasing an additional 377 shares in the last quarter. Blue Trust Inc. increased its holdings in 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 purchasing an additional 754 shares during the last quarter. KBC Group NV raised its stake in AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after buying an additional 1,303 shares in the last quarter. GAMMA Investing LLC raised its stake in AMN Healthcare Services by 189.6% during the fourth quarter. GAMMA Investing LLC now owns 3,018 shares of the company's stock worth $72,000 after acquiring an additional 1,976 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of AMN Healthcare Services during the fourth quarter valued at $167,000. 99.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AMN. 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 report on Tuesday, April 15th. StockNews.com upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. BMO Capital Markets lowered their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a research note on Monday, February 24th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, AMN Healthcare Services currently has an average rating of "Hold" and an average target price of $38.67.

AMN Healthcare Services Trading Down 0.5 %

Shares of AMN stock traded down $0.10 on Monday, hitting $19.10. 392,576 shares of the company's stock traded hands, compared to its average volume of 912,739. The company's fifty day simple moving average is $22.92 and its 200 day simple moving average is $26.74. AMN Healthcare Services, Inc. has a one year low of $17.45 and a one year high of $70.07. The stock has a market capitalization of $729.22 million, a price-to-earnings ratio of -4.95 and a beta of -0.03. 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 (NYSE:AMN - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. Equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

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.