EntryPoint Capital LLC Takes $380,000 Position in AMN Healthcare Services, Inc. (NYSE:AMN)

EntryPoint Capital LLC acquired a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,870 shares of the company’s stock, valued at approximately $380,000.

Other large investors have also bought and sold shares of the company. Truvestments Capital LLC bought a new position in shares of AMN Healthcare Services in the third quarter worth about $30,000. Jones Financial Companies Lllp increased its position in 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. lifted its stake in shares of AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock valued at $57,000 after acquiring an additional 754 shares during the last quarter. KBC Group NV boosted its holdings in shares of AMN Healthcare Services by 110.9% during the 4th quarter. KBC Group NV now owns 2,478 shares of the company’s stock valued at $59,000 after acquiring an additional 1,303 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in AMN Healthcare Services by 189.6% during the 4th 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 last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Truist Financial cut their price target on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, February 21st. BMO Capital Markets cut their target price on shares of 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. StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, JMP Securities reissued a “market outperform” rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $41.17.

AMN Healthcare Services Trading Down 2.0 %

NYSE:AMN opened at $23.49 on Thursday. AMN Healthcare Services, Inc. has a 52 week low of $22.47 and a 52 week high of $70.07. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. The firm’s fifty day moving average is $25.67 and its 200-day moving average is $30.50. The firm has a market cap of $896.95 million, a P/E ratio of -6.10 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last issued 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 business had revenue of $734.71 million for the quarter, compared to analysts’ expectations of $694.38 million. Equities analysts expect that AMN Healthcare Services, Inc. will post 1.33 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.