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

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

A number of other hedge funds and other institutional investors have also made changes to their positions in AMN. Truvestments Capital LLC bought a new position in AMN Healthcare Services during the 3rd quarter worth about $30,000. Jones Financial Companies Lllp grew its holdings in shares of AMN Healthcare Services by 33.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after buying an additional 377 shares in the last quarter. Blue Trust Inc. raised its position in 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 buying an additional 754 shares during the last quarter. KBC Group NV lifted its stake in AMN Healthcare Services by 110.9% in 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 boosted 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 currently owned by institutional investors and hedge funds.

AMN Healthcare Services Stock Performance

AMN opened at $23.49 on Thursday. 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 has a fifty day simple moving average of $25.67 and a 200 day simple moving average of $30.50. AMN Healthcare Services, Inc. has a 1 year low of $22.47 and a 1 year high of $70.07. The company has a market capitalization of $896.95 million, a PE ratio of -6.10 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. The firm had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. Research analysts expect that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Truist Financial dropped their price objective 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. JMP Securities reissued a “market outperform” rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, February 6th. BMO Capital Markets dropped 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 report on Monday, February 24th. Finally, StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $41.17.

AMN Healthcare Services 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.