Schonfeld Strategic Advisors LLC Sells 25,839 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Schonfeld Strategic Advisors LLC reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 42.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,691 shares of the company's stock after selling 25,839 shares during the period. Schonfeld Strategic Advisors LLC owned approximately 0.09% of AMN Healthcare Services worth $830,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMN. Jones Financial Companies Lllp lifted its stake in shares of 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 purchasing an additional 377 shares during the period. Blue Trust Inc. lifted its stake in AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after buying an additional 754 shares during the period. KBC Group NV boosted its holdings in AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company's stock worth $59,000 after buying an additional 1,303 shares during the last quarter. Covestor Ltd grew its position in shares of AMN Healthcare Services by 41.0% during the 4th quarter. Covestor Ltd now owns 2,914 shares of the company's stock worth $70,000 after buying an additional 848 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of AMN Healthcare Services by 189.6% in the 4th 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 during the last quarter. 99.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. BMO Capital Markets decreased 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 report on Monday, February 24th. Truist Financial dropped their price objective on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. JMP Securities reissued 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. Finally, StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $38.67.

AMN Healthcare Services Stock Up 8.2 %

NYSE AMN traded up $1.66 during trading on Friday, hitting $21.99. The stock had a trading volume of 2,017,098 shares, compared to its average volume of 923,015. AMN Healthcare Services, Inc. has a 12 month low of $17.45 and a 12 month high of $70.07. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. The company's 50-day moving average price is $21.82 and its two-hundred day moving average price is $25.44. The company has a market capitalization of $839.78 million, a PE ratio of -5.71 and a beta of 0.16.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.45 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.26. 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 $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. During the same quarter last year, the firm earned $0.97 earnings per share. The firm's revenue for the quarter was down 16.0% compared to the same quarter last year. As a group, sell-side analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current 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.