Jane Street Group LLC Boosts Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Jane Street Group LLC boosted its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 16.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 164,563 shares of the company’s stock after purchasing an additional 23,045 shares during the quarter. Jane Street Group LLC owned approximately 0.43% of AMN Healthcare Services worth $3,936,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMN. WCM Investment Management LLC increased its holdings in 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 purchasing an additional 550,427 shares during the last quarter. Reinhart Partners LLC. purchased a new stake in AMN Healthcare Services during the 4th quarter worth approximately $12,341,000. Thompson Investment Management Inc. increased its holdings in 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 purchasing an additional 235,067 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company’s stock worth $21,222,000 after purchasing an additional 217,643 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of AMN Healthcare Services by 188.4% in the 4th quarter. Wells Fargo & Company MN now owns 301,390 shares of the company’s stock valued at $7,209,000 after acquiring an additional 196,882 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

AMN Healthcare Services Price Performance

Shares of NYSE AMN opened at $21.99 on Monday. AMN Healthcare Services, Inc. has a 1-year low of $17.45 and a 1-year high of $70.07. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The business’s fifty day moving average price is $21.82 and its two-hundred day moving average price is $25.34. The firm has a market capitalization of $839.78 million, a PE ratio of -5.71 and a beta of 0.16.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, May 8th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The firm had revenue of $689.53 million for the quarter, compared to analyst estimates of $670.08 million. During the same period last year, the company earned $0.97 earnings per share. The firm’s revenue for the quarter was down 16.0% on a year-over-year basis. On average, research analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AMN. BMO Capital Markets dropped their price target on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research report on Monday, February 24th. Truist Financial dropped their price target 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 raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, March 25th. Finally, JMP Securities reissued a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $38.67.

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.