Brevan Howard Capital Management LP Has $515,000 Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Brevan Howard Capital Management LP increased its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 20.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,549 shares of the company’s stock after acquiring an additional 3,670 shares during the quarter. Brevan Howard Capital Management LP owned about 0.06% of AMN Healthcare Services worth $515,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AMN. Vanguard Group Inc. lifted its stake in shares of AMN Healthcare Services by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company’s stock valued at $106,082,000 after purchasing an additional 108,284 shares during the period. WCM Investment Management LLC lifted its stake in AMN Healthcare Services by 98.8% in the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock valued at $26,367,000 after buying an additional 550,427 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company’s stock worth $21,222,000 after buying an additional 217,643 shares in the last quarter. Northern Trust Corp grew its position in shares of AMN Healthcare Services by 30.0% during the 4th quarter. Northern Trust Corp now owns 641,106 shares of the company’s stock worth $15,335,000 after buying an additional 148,116 shares during the period. Finally, Reinhart Partners LLC. bought a new stake in shares of AMN Healthcare Services in the 4th quarter valued at $12,341,000. 99.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on AMN. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th. JMP Securities restated a “market outperform” rating and issued a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. BMO Capital Markets dropped their price target on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. Finally, Truist Financial reduced their price objective on AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $38.67.

AMN Healthcare Services Price Performance

AMN stock opened at $21.99 on Friday. The company has a market capitalization of $839.78 million, a P/E ratio of -5.71 and a beta of 0.16. AMN Healthcare Services, Inc. has a 52-week low of $17.45 and a 52-week high of $70.07. The business has a 50-day simple moving average of $21.82 and a two-hundred day simple moving average of $25.54. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.26. The business had revenue of $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. AMN Healthcare Services’s revenue was down 16.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.97 earnings per share. Research analysts expect that AMN Healthcare Services, Inc. will post 1.33 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.