AMN Healthcare Services, Inc. (NYSE:AMN) Shares Bought by Millennium Management LLC

Millennium Management LLC raised its position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 134.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 462,186 shares of the company's stock after acquiring an additional 265,011 shares during the quarter. Millennium Management LLC owned approximately 1.21% of AMN Healthcare Services worth $11,055,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after buying an additional 377 shares during the last quarter. Cresset Asset Management LLC lifted its position in shares of AMN Healthcare Services by 5.6% during the 4th quarter. Cresset Asset Management LLC now owns 10,761 shares of the company's stock worth $257,000 after buying an additional 566 shares during the last quarter. Blue Trust Inc. lifted its position in shares of 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 last quarter. Covestor Ltd lifted 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 last quarter. Finally, AlphaQuest LLC lifted its position in shares of AMN Healthcare Services by 12.1% during the 4th quarter. AlphaQuest LLC now owns 8,840 shares of the company's stock worth $211,000 after buying an additional 954 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Performance

AMN traded down $0.09 during trading on Thursday, hitting $21.07. The stock had a trading volume of 47,566 shares, compared to its average volume of 924,437. 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 firm has a market capitalization of $806.47 million, a P/E ratio of -5.47 and a beta of 0.16. The company's 50-day moving average price is $20.90 and its 200 day moving average price is $24.03. AMN Healthcare Services, Inc. has a twelve month low of $17.45 and a twelve month high of $70.07.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.26. The company had revenue of $689.53 million for the quarter, compared to analysts' expectations of $670.08 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. AMN Healthcare Services's revenue was down 16.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.97 EPS. On average, equities research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMN has been the subject of several research reports. Truist Financial reduced their price target 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. Wall Street Zen upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. BMO Capital Markets reduced 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. JMP Securities reiterated a "market outperform" rating and issued a $34.00 price target on shares of AMN Healthcare Services in a research report on Thursday, February 6th. Finally, UBS Group reduced their price target on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. One equities research 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 data from MarketBeat.com, the company 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.