Matauro LLC Takes Position in AMN Healthcare Services Inc $AMN

Matauro LLC acquired a new position in AMN Healthcare Services Inc (NYSE:AMN) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 58,619 shares of the company’s stock, valued at approximately $1,135,000. Matauro LLC owned about 0.15% of AMN Healthcare Services as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Caption Management LLC boosted its stake in AMN Healthcare Services by 400.0% in the first quarter. Caption Management LLC now owns 2,500 shares of the company’s stock valued at $61,000 after acquiring an additional 2,000 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings 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 purchasing an additional 1,020 shares during the last quarter. Strs Ohio acquired a new stake in shares of AMN Healthcare Services in the 1st quarter worth $95,000. Osaic Holdings Inc. boosted its holdings in AMN Healthcare Services by 55.9% in the second quarter. Osaic Holdings Inc. now owns 5,527 shares of the company’s stock worth $114,000 after acquiring an additional 1,981 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its stake in shares of AMN Healthcare Services by 16.9% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 9,046 shares of the company’s stock worth $187,000 after acquiring an additional 1,307 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Down 2.4%

NYSE AMN opened at $16.03 on Friday. AMN Healthcare Services Inc has a 1 year low of $14.86 and a 1 year high of $30.49. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market capitalization of $615.71 million, a PE ratio of -2.23 and a beta of 0.21. The company has a fifty day moving average of $17.83 and a 200 day moving average of $19.21.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.20. AMN Healthcare Services had a positive return on equity of 10.89% and a negative net margin of 10.14%.The business had revenue of $634.50 million during the quarter, compared to analysts’ expectations of $618.08 million. During the same quarter in the previous year, the firm posted $0.61 EPS. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. Research analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on AMN. Truist Financial boosted their target price on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Citigroup reissued a “market outperform” rating on shares of AMN Healthcare Services in a report on Friday. Citizens Jmp cut their target price on AMN Healthcare Services from $24.00 to $22.00 and set a “market outperform” rating on the stock in a research report on Friday. Bank of America lowered their price target on AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Wednesday, September 10th. Finally, UBS Group increased their price objective on AMN Healthcare Services from $18.00 to $20.50 and gave the company a “neutral” rating in a report on Friday, November 7th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $21.42.

AMN Healthcare Services Company 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.