Quadrature Capital Ltd Invests $373,000 in AMN Healthcare Services, Inc. (NYSE:AMN)

Quadrature Capital Ltd bought a new position in AMN Healthcare Services, Inc. (NYSE:AMN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,982 shares of the company’s stock, valued at approximately $373,000.

Several other hedge funds also recently made changes to their positions in the company. Hexagon Capital Partners LLC grew its stake in AMN Healthcare Services by 69.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 360 shares of the company’s stock worth $27,000 after buying an additional 147 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of AMN Healthcare Services during the fourth quarter valued at $31,000. Quarry LP grew its position in shares of AMN Healthcare Services by 64.8% during the fourth quarter. Quarry LP now owns 519 shares of the company’s stock worth $39,000 after acquiring an additional 204 shares during the last quarter. Principal Securities Inc. acquired a new stake in shares of AMN Healthcare Services in the 4th quarter worth about $49,000. Finally, Quadrant Capital Group LLC lifted its position in AMN Healthcare Services by 32.0% in the 4th quarter. Quadrant Capital Group LLC now owns 1,411 shares of the company’s stock valued at $106,000 after purchasing an additional 342 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on AMN. Benchmark restated a “hold” rating on shares of AMN Healthcare Services in a research note on Tuesday, May 28th. BMO Capital Markets cut their target price on AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating on the stock in a research note on Monday, May 13th. StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. JMP Securities reaffirmed a “market outperform” rating and set a $75.00 target price on shares of AMN Healthcare Services in a research note on Friday, May 10th. Finally, Bank of America lifted 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 analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $75.57.

AMN Healthcare Services Stock Up 0.8 %

AMN opened at $53.41 on Tuesday. AMN Healthcare Services, Inc. has a one year low of $51.56 and a one year high of $112.44. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.27 and a current ratio of 1.27. The stock’s fifty day moving average is $56.51 and its 200-day moving average is $63.73. The company has a market capitalization of $2.03 billion, a PE ratio of 14.36 and a beta of 0.17.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The company had revenue of $820.90 million for the quarter, compared to the consensus estimate of $816.54 million. During the same quarter in the previous year, the business earned $2.49 EPS. The company’s quarterly revenue was down 27.1% compared to the same quarter last year. On average, equities analysts predict that AMN Healthcare Services, Inc. will post 3.15 EPS for the current fiscal year.

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.