AMN Healthcare Services Inc $AMN Position Lifted by CenterBook Partners LP

CenterBook Partners LP raised its stake in AMN Healthcare Services Inc (NYSE:AMN) by 67.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 140,914 shares of the company’s stock after purchasing an additional 56,745 shares during the period. CenterBook Partners LP owned 0.37% of AMN Healthcare Services worth $2,221,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. China Universal Asset Management Co. Ltd. grew its stake in AMN Healthcare Services by 200.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock worth $47,000 after purchasing an additional 2,000 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in shares of AMN Healthcare Services in the 3rd quarter valued at approximately $63,000. Tower Research Capital LLC TRC raised its position in shares of AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after acquiring an additional 1,020 shares in the last quarter. Strs Ohio acquired a new stake in shares of AMN Healthcare Services during the 1st quarter valued at approximately $95,000. Finally, Osaic Holdings Inc. lifted its stake in AMN Healthcare Services by 55.9% during the second quarter. Osaic Holdings Inc. now owns 5,527 shares of the company’s stock worth $114,000 after purchasing an additional 1,981 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Trading Down 2.3%

Shares of NYSE:AMN opened at $30.32 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.04. The company’s 50-day moving average price is $24.00 and its 200 day moving average price is $20.16. The company has a market cap of $1.18 billion, a PE ratio of -34.85, a P/E/G ratio of 0.71 and a beta of 0.44. AMN Healthcare Services Inc has a fifty-two week low of $14.86 and a fifty-two week high of $32.52.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, May 7th. The company reported $2.10 EPS for the quarter, topping the consensus estimate of $1.60 by $0.50. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.23 billion. AMN Healthcare Services had a negative net margin of 0.95% and a positive return on equity of 18.01%. AMN Healthcare Services’s quarterly revenue was up 99.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 EPS. Sell-side analysts anticipate that AMN Healthcare Services Inc will post 2.7 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of AMN Healthcare Services in a report on Friday, May 22nd. BMO Capital Markets lifted their price target on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, May 11th. Wall Street Zen upgraded shares of AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Citizens Jmp raised their target price on shares of AMN Healthcare Services from $22.00 to $24.00 and gave the stock a “market outperform” rating in a report on Monday, February 23rd. Finally, Robert W. Baird lifted their target price on AMN Healthcare Services from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.29.

AMN Healthcare Services Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.