Capital Fund Management S.A. Trims Stock Holdings in AMN Healthcare Services Inc $AMN

Capital Fund Management S.A. lowered its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN) by 28.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,834 shares of the company’s stock after selling 32,874 shares during the quarter. Capital Fund Management S.A. owned 0.21% of AMN Healthcare Services worth $1,671,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd increased its stake in AMN Healthcare Services by 3,142.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company’s stock worth $37,000 after purchasing an additional 1,477 shares during the period. Caption Management LLC grew its holdings in shares of AMN Healthcare Services by 400.0% in the first quarter. Caption Management LLC now owns 2,500 shares of the company’s stock worth $61,000 after purchasing an additional 2,000 shares during the last quarter. Strs Ohio purchased a new position in AMN Healthcare Services in the 1st quarter worth about $95,000. Covestor Ltd lifted its holdings in AMN Healthcare Services by 59.6% during the 1st quarter. Covestor Ltd now owns 4,650 shares of the company’s stock valued at $114,000 after buying an additional 1,736 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in AMN Healthcare Services by 16.9% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 9,046 shares of the company’s stock valued at $187,000 after buying an additional 1,307 shares during the period. Institutional investors own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AMN shares. Zacks Research raised shares of AMN Healthcare Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 8th. Bank of America decreased their target price on AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Wednesday, September 10th. JMP Securities lowered their target price on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating for the company in a report on Tuesday, August 12th. Finally, Wall Street Zen raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, AMN Healthcare Services currently has a consensus rating of “Hold” and an average price target of $21.75.

AMN Healthcare Services Stock Down 0.9%

Shares of NYSE AMN opened at $16.54 on Friday. AMN Healthcare Services Inc has a 12-month low of $14.86 and a 12-month high of $30.49. The stock’s fifty day simple moving average is $18.52 and its two-hundred day simple moving average is $19.61. The stock has a market capitalization of $635.26 million, a PE ratio of -2.30 and a beta of 0.21. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.31.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.19 by $0.20. AMN Healthcare Services had a positive return on equity of 10.89% and a negative net margin of 10.14%.The firm had revenue of $634.50 million during the quarter, compared to analyst estimates of $618.08 million. During the same period in the previous year, the company posted $0.61 EPS. The business’s revenue for the quarter was down 7.7% compared to the same quarter last year. As a group, analysts expect that AMN Healthcare Services Inc will post 1.33 EPS for the current fiscal year.

AMN Healthcare Services 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.