Marshall Wace LLP Sells 118,990 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Marshall Wace LLP lowered its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 36.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 206,724 shares of the company's stock after selling 118,990 shares during the period. Marshall Wace LLP owned about 0.54% of AMN Healthcare Services worth $4,945,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of AMN. Jones Financial Companies Lllp grew its stake in shares of AMN Healthcare Services by 33.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after purchasing an additional 377 shares during the last quarter. Blue Trust Inc. lifted its holdings 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 period. KBC Group NV grew its position 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 valued at $59,000 after buying an additional 1,303 shares during the last quarter. Covestor Ltd increased its stake in shares of AMN Healthcare Services by 41.0% in the fourth quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after buying an additional 848 shares during the period. Finally, GAMMA Investing LLC lifted its stake 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 worth $72,000 after acquiring an additional 1,976 shares during the period. 99.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMN. Truist Financial decreased their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. BMO Capital Markets decreased their price target on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a report on Monday, February 24th. StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, JMP Securities reissued a "market outperform" rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research note on Thursday, February 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $38.67.

AMN Healthcare Services Stock Up 1.4 %

Shares of AMN traded up $0.29 during trading hours on Wednesday, reaching $20.46. The stock had a trading volume of 815,310 shares, compared to its average volume of 915,431. The company has a market capitalization of $781.35 million, a price-to-earnings ratio of -5.31 and a beta of -0.03. The firm has a 50-day simple moving average of $22.72 and a 200 day simple moving average of $26.55. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a 12 month low of $17.45 and a 12 month high of $70.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating 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 negative net margin of 4.93% and a positive return on equity of 15.22%. Equities research analysts predict that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current fiscal year.

AMN Healthcare Services Company 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.