AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by Systematic Financial Management LP

Systematic Financial Management LP lifted its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 31.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 309,673 shares of the company's stock after purchasing an additional 74,497 shares during the quarter. Systematic Financial Management LP owned 0.81% of AMN Healthcare Services worth $7,407,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its position in 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 purchasing an additional 377 shares during the last quarter. Cresset Asset Management LLC increased its holdings in shares of AMN Healthcare Services by 5.6% during the fourth quarter. Cresset Asset Management LLC now owns 10,761 shares of the company's stock valued at $257,000 after acquiring an additional 566 shares in the last quarter. Blue Trust Inc. lifted its position in AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after acquiring an additional 754 shares in the last quarter. Covestor Ltd grew its holdings 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 buying an additional 848 shares in the last quarter. Finally, AlphaQuest LLC lifted its stake in AMN Healthcare Services by 12.1% during the 4th quarter. AlphaQuest LLC now owns 8,840 shares of the company's stock valued at $211,000 after acquiring an additional 954 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

AMN Healthcare Services Price Performance

AMN Healthcare Services stock traded down $0.64 during mid-day trading on Friday, reaching $21.03. 124,519 shares of the company's stock traded hands, compared to its average volume of 910,322. AMN Healthcare Services, Inc. has a 12-month low of $17.45 and a 12-month high of $70.07. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The stock has a 50 day moving average of $21.18 and a two-hundred day moving average of $24.49. The company has a market cap of $805.06 million, a price-to-earnings ratio of -5.46 and a beta of 0.16.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.26. The firm had revenue of $689.53 million during the quarter, compared to analysts' expectations 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 quarterly revenue was down 16.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.97 EPS. Equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on AMN shares. BMO Capital Markets lowered their price target on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. UBS Group cut their price objective on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a report on Tuesday, May 13th. JMP Securities reissued a "market outperform" rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Wall Street Zen raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, Truist Financial decreased 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 note on Tuesday, April 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target 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.