Semanteon Capital Management LP Invests $887,000 in AMN Healthcare Services, Inc. (NYSE:AMN)

Semanteon Capital Management LP purchased a new stake in AMN Healthcare Services, Inc. (NYSE:AMN) during the 4th quarter, Holdings Channel.com reports. The fund purchased 37,068 shares of the company’s stock, valued at approximately $887,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Truvestments Capital LLC acquired a new position in shares of AMN Healthcare Services in the third quarter valued at approximately $30,000. Jones Financial Companies Lllp increased its stake in AMN Healthcare Services by 33.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock valued at $36,000 after buying an additional 377 shares during the period. Blue Trust Inc. raised its position in AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock worth $57,000 after buying an additional 754 shares during the last quarter. KBC Group NV lifted its stake in shares of AMN Healthcare Services by 110.9% in the 4th quarter. KBC Group NV now owns 2,478 shares of the company’s stock worth $59,000 after acquiring an additional 1,303 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of AMN Healthcare Services by 189.6% in the fourth quarter. GAMMA Investing LLC now owns 3,018 shares of the company’s stock valued at $72,000 after acquiring an additional 1,976 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AMN has been the subject of a number of recent analyst reports. BMO Capital Markets reduced their price objective on shares of AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research report on Monday, February 24th. JMP Securities reissued a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. StockNews.com lowered AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Monday. Finally, Truist Financial reduced their target price on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a report on Friday, February 21st. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $41.17.

AMN Healthcare Services Trading Down 1.2 %

NYSE:AMN opened at $24.28 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The stock has a fifty day simple moving average of $25.87 and a 200-day simple moving average of $31.40. AMN Healthcare Services, Inc. has a 52-week low of $22.47 and a 52-week high of $70.07. The company has a market capitalization of $927.15 million, a PE ratio of -6.31 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $694.38 million. On average, equities research analysts expect that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

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.