Lighthouse Investment Partners LLC Buys New Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Lighthouse Investment Partners LLC purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 18,049 shares of the company’s stock, valued at approximately $925,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company increased its holdings in shares of AMN Healthcare Services by 3.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,292 shares of the company’s stock valued at $1,091,000 after purchasing an additional 748 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in AMN Healthcare Services during the second quarter valued at $2,516,000. Aristeia Capital L.L.C. acquired a new stake in AMN Healthcare Services during the second quarter valued at $505,000. Magnetar Financial LLC purchased a new position in AMN Healthcare Services in the second quarter valued at $320,000. Finally, Public Sector Pension Investment Board raised its position in shares of AMN Healthcare Services by 7.9% in the second quarter. Public Sector Pension Investment Board now owns 83,607 shares of the company’s stock worth $4,283,000 after acquiring an additional 6,145 shares during the period. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on AMN. BMO Capital Markets raised their price objective on AMN Healthcare Services from $60.00 to $71.00 and gave the company an “outperform” rating in a report on Monday, August 12th. JMP Securities dropped their price target on shares of AMN Healthcare Services from $75.00 to $66.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 13th. UBS Group cut their price target on shares of AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, August 9th. Finally, StockNews.com downgraded shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $67.83.

AMN Healthcare Services Stock Down 0.1 %

AMN stock opened at $42.57 on Friday. The company’s 50 day moving average price is $52.98 and its 200 day moving average price is $55.32. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 11.44 and a beta of 0.12. AMN Healthcare Services, Inc. has a fifty-two week low of $40.73 and a fifty-two week high of $87.87. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.23 and a current ratio of 1.23.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.22. The company had revenue of $740.69 million during the quarter, compared to the consensus estimate of $740.43 million. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. AMN Healthcare Services’s revenue for the quarter was down 25.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.38 EPS. On average, equities research analysts anticipate that AMN Healthcare Services, Inc. will post 3.26 EPS 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.