AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. lessened its stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 92.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,734 shares of the company's stock after selling 306,434 shares during the quarter. Balyasny Asset Management L.P. owned approximately 0.07% of AMN Healthcare Services worth $639,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp lifted its position in AMN Healthcare Services by 33.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after buying an additional 377 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of 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 purchasing an additional 754 shares during the period. KBC Group NV increased its position 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 purchasing an additional 1,303 shares during the last quarter. Covestor Ltd raised its stake in AMN Healthcare Services by 41.0% during the fourth quarter. Covestor Ltd now owns 2,914 shares of the company's stock worth $70,000 after purchasing an additional 848 shares during the period. Finally, Quarry LP boosted its holdings in AMN Healthcare Services by 180.4% in the 4th quarter. Quarry LP now owns 5,624 shares of the company's stock valued at $135,000 after purchasing an additional 3,618 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Trading Down 1.3%

NYSE:AMN traded down $0.29 during trading hours on Monday, reaching $22.40. 626,299 shares of the company were exchanged, compared to its average volume of 917,244. The firm has a market cap of $857.58 million, a price-to-earnings ratio of -5.82 and a beta of 0.16. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The stock has a 50 day simple moving average of $21.43 and a 200 day simple moving average of $24.74. AMN Healthcare Services, Inc. has a 52-week low of $17.45 and a 52-week high of $70.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.26. The business had revenue of $689.53 million during the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The company's revenue for the quarter was down 16.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.97 earnings per share. As a group, analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on AMN. UBS Group reduced their price target on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. BMO Capital Markets dropped their price target 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. Truist Financial decreased their price target 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. StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $34.00 target price on shares of AMN Healthcare Services in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, AMN Healthcare Services currently has an average rating of "Hold" and a consensus target price of $32.08.

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.