36,087 Shares in AMN Healthcare Services, Inc. (NYSE:AMN) Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new position in AMN Healthcare Services, Inc. (NYSE:AMN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,087 shares of the company’s stock, valued at approximately $863,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of AMN Healthcare Services at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Versor Investments LP bought a new position in AMN Healthcare Services in the third quarter worth about $818,000. Anthracite Investment Company Inc. bought a new position in AMN Healthcare Services in the third quarter worth about $1,696,000. Harbor Capital Advisors Inc. raised its stake in AMN Healthcare Services by 285.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock worth $1,901,000 after buying an additional 58,830 shares in the last quarter. Equitable Trust Co. raised its stake in AMN Healthcare Services by 125.4% in the fourth quarter. Equitable Trust Co. now owns 21,526 shares of the company’s stock worth $515,000 after buying an additional 11,974 shares in the last quarter. Finally, Thompson Investment Management Inc. increased its stake in shares of AMN Healthcare Services by 381.8% during the fourth quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock valued at $7,095,000 after purchasing an additional 235,067 shares in the last quarter. 99.23% of the stock is owned by institutional investors.

AMN Healthcare Services Trading Up 2.7 %

NYSE:AMN opened at $26.65 on Friday. The company’s 50 day moving average price is $25.52 and its 200-day moving average price is $34.25. AMN Healthcare Services, Inc. has a 52 week low of $22.47 and a 52 week high of $70.07. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -6.92 and a beta of 0.07.

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday. BMO Capital Markets decreased 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 research note on Monday. Truist Financial decreased their target price on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a research note on Friday, February 21st. 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 decreased their target price on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. 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 data from MarketBeat.com, AMN Healthcare Services presently has a consensus rating of “Hold” and a consensus price target of $41.17.

AMN Healthcare Services Company 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.