Entropy Technologies LP Raises Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Entropy Technologies LP lifted its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 21.0% in the first quarter, HoldingsChannel reports. The firm owned 8,683 shares of the company’s stock after purchasing an additional 1,506 shares during the quarter. Entropy Technologies LP’s holdings in AMN Healthcare Services were worth $543,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Hexagon Capital Partners LLC increased its stake in AMN Healthcare Services by 69.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 360 shares of the company’s stock worth $27,000 after acquiring an additional 147 shares during the last quarter. GAMMA Investing LLC purchased a new position in shares of AMN Healthcare Services in the 4th quarter worth approximately $31,000. Quarry LP increased its position in shares of AMN Healthcare Services by 64.8% during the 4th quarter. Quarry LP now owns 519 shares of the company’s stock valued at $39,000 after purchasing an additional 204 shares during the last quarter. Principal Securities Inc. purchased a new stake in AMN Healthcare Services during the 4th quarter valued at $49,000. Finally, Geneos Wealth Management Inc. purchased a new stake in AMN Healthcare Services during the 1st quarter valued at $58,000. Institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on AMN shares. JMP Securities reaffirmed a “market outperform” rating and set a $75.00 price objective on shares of AMN Healthcare Services in a research note on Friday, May 10th. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a research report on Tuesday, May 28th. BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a research note on Monday, May 13th. Finally, Bank of America upped their target price on AMN Healthcare Services from $61.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, May 15th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $75.57.

AMN Healthcare Services Trading Up 0.8 %

AMN traded up $0.47 on Thursday, reaching $57.49. 60,615 shares of the company traded hands, compared to its average volume of 779,973. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.49. The company has a market cap of $2.18 billion, a P/E ratio of 15.34 and a beta of 0.12. The firm has a fifty day simple moving average of $53.99 and a two-hundred day simple moving average of $61.26. AMN Healthcare Services, Inc. has a one year low of $46.74 and a one year high of $112.38.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. The firm had revenue of $820.90 million during the quarter, compared to the consensus estimate of $816.54 million. During the same quarter in the previous year, the firm posted $2.49 earnings per share. The company’s revenue was down 27.1% on a year-over-year basis. As a group, equities research analysts expect that AMN Healthcare Services, Inc. will post 3.15 earnings per share for the current year.

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.